Additional Resources
Freight vs. Shipping: Understanding the Key Differences
Many businesses will talk about shipping when they mean freight, or vice versa. This isn’t because they’re confused or ignorant — it’s a function of just how closely related these two terms are when talking about logistics. Understanding the difference not only cuts down on misunderstandings, but it also can have subtle but important effects ... Freight vs. Shipping: Understanding the Key Differences
3PL vs. Freight Forwarding
Given how complex the modern supply chain is, it’s no wonder businesses often get confused when trying to manage theirs. For example, take the differences between freight forwarding and third-party logistics (3PL). Although many businesses often need both services, they serve different functions within the overall logistical ecosystem. Understanding the distinctions between each model and ... 3PL vs. Freight Forwarding
Overstock Inventory in Warehousing
In an ideal world, every item produced would find a buyer. But the unfortunate truth is that warehouses all over the world are filled with overstock, which is inventory that was produced in excess of demand levels. Overstock is a common concern for businesses in the retail, manufacturing, and ecommerce sectors, and it can be ... Overstock Inventory in Warehousing