GLOSSARY

Asset-Based Third Party Provider

Asset-Based Third Party Provider means a third party provider that owns transportation and/or warehouse assets.

What is Asset-Based Third Party Provider?

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.

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