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Investing in a logistics partner often requires a crash course in acronyms. Companies talk at length about 3PLs, 4PLs, and other equally confusing designations, sprinkling in terms such as "brokers" and "brokerages." It's enough to make anyone's head spin. In essence, you only need to understand the concept of a <a>logistics service provider </a>(LSP) and a broker; all other terms are superfluous. For instance, a third-party logistics (3PL) company is typically the same thing as an LSP. The same holds true for a fourth-party logistics (4PL) company, a relatively recent outcropping that further muddies the logistics waters. You can often...

To cut through the confusion and determine whether a broker or an LSP meets your needs, you need to ask several key questions.

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Broker or logistics service provider?

Estes wins battle to control sale of Yellow terminals amid tightening LTL capacity 

LA-LB must do more to reduce port emissions despite 2022 declines: regulator 

August volume boost, FAK rate revisions drive India-Europe rates higher

Trans-Atlantic blank sailings to ease despite loss-making rate levels 

More trans-Pac service cuts on tap for October as carriers seek to buoy rates 

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A US bankruptcy court approved a $1.525 billion bid by Estes Express Lines to be the “stalking horse” that sets the floor price for Yellow’s terminals at auction, controlling their sale in November.

Emissions spiked at the ports during the pandemic due to record container volumes and unprecedented supply chain bottlenecks that caused ships to idle at anchorage and trucks to back up at terminal gates.

Signaling some growth expectations, Indian container volumes saw gains in August, hitting 1.9 million TEUs, up 14% from 1.7 million TEUs a year earlier.

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Estes wins battle to control sale of Yellow terminals amid tightening LTL capacity

LA-LB must do more to reduce port emissions despite 2022 declines: regulator

August volume boost, FAK rate revisions drive India-Europe rates higher