Podcast
Questions and Answers
What is a characteristic of asset-based providers in terms of customer requirements?
What is a characteristic of asset-based providers in terms of customer requirements?
What type of providers are companies that own truck fleets and ocean vessels?
What type of providers are companies that own truck fleets and ocean vessels?
What is a key difference between asset-based providers and non-asset based providers?
What is a key difference between asset-based providers and non-asset based providers?
What do asset-based providers typically have in their labor force?
What do asset-based providers typically have in their labor force?
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What is a resource that asset-based providers may own?
What is a resource that asset-based providers may own?
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What is a characteristic of asset-based providers in terms of management?
What is a characteristic of asset-based providers in terms of management?
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What type of providers are companies that leverage the resources of other companies?
What type of providers are companies that leverage the resources of other companies?
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What is a difference between asset-based providers and ocean liners in terms of service offerings?
What is a difference between asset-based providers and ocean liners in terms of service offerings?
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What do asset-based providers use to perform customers' work?
What do asset-based providers use to perform customers' work?
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What is an example of an asset that an asset-based provider may own?
What is an example of an asset that an asset-based provider may own?
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Study Notes
Types of 3PL Providers
- Asset-based providers own resources such as truck fleets, ocean vessels, aircraft, terminals, and warehouses, which enable them to provide direct and immediate solutions.
- Examples of asset-based providers include UPS, J.B.Hunt, Exel, Ryder, and FedEx, which have their own labor force and management team to oversee day-to-day operations.
- Asset-based providers have readily available capacity, permanent employees, and direct control of freight, which attracts customers who prefer single-point accountability.
- However, asset-based providers may have bias towards using their internal resources, which may not always generate the most flexible or cost-efficient solutions.
Non-Asset Based Providers
- Non-asset based providers contract with other firms to provide transportation and logistics services, acting as service integrators.
- Examples of non-asset based providers include C.H.Robinson, Kuehne þ Nagel, CEVA Logistics, and XPO Logistics, which offer expertise in negotiating contracts and achieving the best combination of price and service.
- Non-asset based providers may also provide strategic planning, technology services, and international freight forwarding, customs brokerage, and related activities.
- Customers view non-asset based providers as more flexible than asset-based providers.
Characteristics of 3PL Providers
- 3PL providers differ in terms of service offerings, asset intensity, and geographic diversity.
- Asset-intensive providers have more limited service offerings and geographic diversity, while less asset-intensive providers offer a broader range of services and are more geographically diverse.
- Competitive threats faced by 3PL providers include factors such as asset utilization, labor costs, and regulatory changes.
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Description
This quiz focuses on the characteristics and capabilities of asset-based providers in third-party logistics, including their internal resources and infrastructure.
