Glossary
Terms & Glossaries of Shipping and Trading
Asset-Based Third Party Provider
Asset-Based Third Party Provider means a third party provider that owns transportation and/or warehouse assets.
Asset-Based Third Party Provider means a third party provider that owns transportation and/or warehouse assets. An asset based 3PL owns parts or all of the assets necessary to implement and manage a customer's supply chain. These assets can be trucks, warehouses, distribution centers, and more. This can be appealing to a client that is looking for a logistics company to completely take over their supply chain.
