Third-party logistics firms have special expertise in core physical distribution activities and can often perform these activities more efficiently.

Question

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Third-party logistics firms are specialized in providing logistics services for other companies. They have expertise in core physical distribution activities such as transportation, warehousing, and inventory management. Due to their economies of scale and expertise, they can often perform these activities more efficiently than the companies themselves.

Third-Party Logistics Firms Have Special Expertise in Core Physical Distribution