Who is a third party logistics provider?

Third Party Logistics or 3PL


A 3PL or third party logistic company is an outsourced logistics service provider.  Logistic services encompass anything that includes management of the way resources are moved to the areas where they are required, from the origin. Services which a 3PL company provides are transportation, warehousing, cross-docking, inventory management, packaging, and distribution. These services are integrated, or packaged, together by the provider.

Companies can outsource all or much of its logistics operations to a specialized 3PL service provider so that the companies able to spend more concentration on their core strength areas like manufacturing.




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c. michael xavier: We are start up merchant exporter importer and global sourcing company in india we would like to purchase sunflower oil from Ukarine and sell it in Singapore it will be a direct shipping from ukarine to Singapore,we will be opening LC for ukarine seller and the Singapore buyer will be opening irrevocable LC in our name with our banker in india could you plse let me know what will be the documentation and procedure for this kind of business is this allowed in india plse reply

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