US Edition3PL, 4PL, Now the 5PL
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3PL, 4PL, Now the 5PL
Everyone in our industry knows what Third-party contract logistics is (3PLs and LSPs). Many of us will be familiar with the concept of the 4PL. But 5PL?! David Priestman reports. Stuart Love has a long and impressive job title for his new role at supply chain behemoth DSV: Director of Global Supply Chain Inventory Management Solutions. For a global forwarding and logistics firm that is 50% air and sea freight-based and 25% road cargo, that means…
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