3PL's are asset-based logistics providers that physically move product through the supply chain

Question

Quizplus · Accepted Answer

3PL's (third-party logistics providers) are not typically asset-based, meaning they do not own the physical transportation and storage equipment used to move products through the supply chain. Instead, they often work with a network of transportation and storage providers to coordinate and manage logistics operations for their clients.

3PL's Are Asset-Based Logistics Providers That Physically Move Product Through