It’s a common sight on U.S. highways: long-haul trucks moving freight shipments from one location to another. As a shipper, you need to coordinate deliveries perfectly so they make it to your customers intact and on time. A big part of understanding freight shipping is knowing whether to use LTL or FTL. But what do the terms mean, and what's the difference? Let's dive in.
Fourth-party logistics, or 4PL, is a logistics model where a business outsources its supply chain management to an external organization. The 4PL provider, simply called a 4PL, acts as a single point of contact for supply chain management and logistics, overseeing transportation, warehousing, order fulfillment, and more.