1. How has the internet revolutionized the 3PL industry?
The development of the internet has allowed the creation of a new 3PL type called non-asset based 3PL. A non-asset based 3PL is unique because of the following:
Acts as a service integrator and is not restricted to using any particular warehouse or transportation company in providing services to its clients
Inherently unbiased in its decision making because of their unlimited freedom to work with the diverse transportation/warehousing companies
Allows for automation of more complex transactions
Allows optimization & activity-based costing tools to the transportation companies
Aids to minimize transaction and transportation costs for the shippers
Provides shippers with transportation procurement tools
Provides shippers with global tracking, management of freight payment, oversight of customs management and landed costs assessments
Increases freight density across the transportation......
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