Logistics Plus is Named a 2024 G75 Green Supply Chain Partner for a Second Year
The annual Inbound Logistics list recognizes 75 leading companies focused on green supply chain management.
ERIE, PA (July 1, 2024) – Logistics Plus, Inc. (LP), a global leader in transportation, logistics, and unique supply chain solutions, is proud to announce that it has been named a 2024 G75 Green Supply Chain Partner by Inbound Logistics magazine. The list, curated annually by the editors of Inbound Logistics, recognizes 75 companies going above and beyond to prioritize green initiatives and help global supply chains become more sustainable.
“Inbound Logistics editors have determined that Logistics Plus is one of the 75 honorees that ‘walk the walk’ when it comes to commitment to supply chain sustainability,” said Felecia Stratton, Editor for Inbound Logistics. “Given the global environment, it is truly an accomplishment this year.”
The updated G75 list appears in the June 2024 Sustainability edition of Inbound Logistics magazine in both print and digital formats. View the Logistics Plus profile in the digital edition at https://magazine.inboundlogistics.com/view/754554366/46/.
About Inbound Logistics
Inbound Logistics (IL) is the pioneering magazine empowering demand-driven enterprises. IL’s educational mission is to guide businesses to efficiently manage logistics, reduce and speed inventory, and neutralize transportation cost increases by aligning supply to demand and adjusting enterprise functions to support that paradigm shift. More information about demand-driven enterprise practices is available at inboundlogistics.com.
About Logistics Plus, Inc.
Logistics Plus, Inc. (LP) is a 21st-century logistics company and a leading worldwide provider of transportation, warehousing, fulfillment, global logistics, business intelligence, technology, and supply chain solutions. LP works in the background to help businesses manage their supply chains in an ever-changing world. Founded in 1996, today LP has annual global sales of over $600M with more than 1,200 employees located in 50+ countries worldwide. LP is recognized as one of the fastest-growing privately-owned logistics companies, a top 3PL provider, a top 100 logistics company, a top freight brokerage and warehousing provider, and a great place to work. With a Passion For Excellence™, its employees put the PLUS in LOGISTICS by doing the big things properly, plus the countless little things that together ensure complete customer satisfaction and success.
Logistics Plus Receives Plastic Neutrality Certification for a Fourth Year
7.9 million pounds of plastic waste collected in the last four years is credited to Logistics Plus.
ERIE, PA (June 18, 2024) – Logistics Plus, Inc. (LP), a global leader in transportation, logistics, and unique supply chain solutions, is proud to announce that it has received the official Ocean Integrity Plastic Neutrality Certification for 2023 – a fourth straight year. Last year, Logistics Plus reduced its plastic footprint by supporting the collection of over 77 thousand pounds of marine plastic and waste.
“Logistics Plus has truly made a remarkable impact on reducing plastic waste, having removed an astonishing 3,599,024 kilos of plastic over four years,” said Captain Kieran Kelly, Commissioner, Managing Director for Ocean Integrity. “This impressive achievement is a testament to their commitment to sustainability and environmental stewardship.”
“For the past four years, Logistics Plus has partnered with Ocean Integrity to become plastic neutral through The Blue Ocean Program,” said Yuriy Ostapyak, COO for Logistics Plus. “We are committed to preserving and protecting the oceans and their wildlife while supporting our global sustainability mission. Through this initiative, we have contributed to eliminating thousands of tons of single-use plastics from entering our environment each year.”
About Ocean Integrity
Ocean Integrity’s primary objective is to mitigate the amount of plastic going into the world’s oceans and significantly reduce and remove plastic waste in significant waste collection areas. Ocean Integrity reclaims plastic materials from the sea through innovative techniques that vary based on the size and concentration of the plastic waste material encountered. Learn more about Ocean Integrity and its Blue Ocean Program at oceanintegrity.com.
About Logistics Plus, Inc.
Logistics Plus, Inc. (LP) is a 21st-century logistics company and a leading worldwide provider of transportation, warehousing, fulfillment, global logistics, business intelligence, technology, and supply chain solutions. LP works in the background to help businesses manage their supply chains in an ever-changing world. Founded in 1996, today LP has annual global sales of over $600M with more than 1,200 employees located in 50+ countries worldwide. LP is recognized as one of the fastest-growing privately-owned logistics companies, a top 3PL provider, a top 100 logistics company, a top freight brokerage and warehousing provider, and a great place to work. With a Passion For Excellence™, its employees put the PLUS in LOGISTICS by doing the big things properly, plus the countless little things that together ensure complete customer satisfaction and success.
Owning your own independent freight brokerage company can be an exciting venture, but it is important to understand the financial implications. Here are some key considerations:
Startup Costs: While there are no specific education requirements to become a freight broker, starting your own brokerage does come with costs. Depending on factors like business structure and operational investments, these can range from several thousand dollars to over $10,000. Expenses include licensing fees, office space, technology, insurance/surety bond, and marketing/sales.
Profit Margins: As a licensed freight broker, you’ll earn 10% to 30% profit margins on each shipment. The exact margin depends on factors such as transportation mode, complexity, and distance. Owning your brokerage allows you to maximize profits compared to working as a salaried employee.
Cash Flow Management: Brokering involves managing the gap between money going out (paying carriers) and money coming in (from shippers). You must plan for consistent cash flow to cover operational expenses and ensure smooth operations.
Market Volatility: The freight industry experiences fluctuations due to market conditions, seasonality, and economic shifts. Brokers must adapt to changing demand, pricing, and capacity.
Becoming a Freight Agent: A Viable Alternative
If running your own freight brokerage business seems daunting, consider becoming a freight agent for an established freight brokerage firm or a third-party logistics company with a freight agency program (like Logistics Plus). Here’s why:
Reduced Risk: As a freight agent, you’re not responsible for the entire business. Instead, you focus on sales, customer relationships, and finding loads. The parent brokerage firm handles administrative tasks, carrier payments, and compliance.
Access to Technology: Becoming a freight agent for a larger, more established third-party logistics company often provides you with access to better, more cutting-edge technology, such as a transportation management system (TMS) with robust functionality and API integrations.
Broader Range of Services: Partnering with a third-party logistics company that offers additional services, such as air and ocean freight forwarding, project logistics, warehousing, etc., expands the services you can sell to your customers and opens up additional earning potential.
Training and Support: Established brokerage firms provide their freight agents with training, mentorship, and ongoing support. You’ll benefit from their industry expertise and established carrier relationships.
Earning Potential: While freight agents earn commissions (typically a percentage of the parent broker’s profit), the stability and support can lead to consistent income. As you build your client base, your earnings can grow steadily. However, do your due diligence to ensure you find a growing, fun brokerage firm that is financially stable.
In summary, both options have pros and cons. Owning your own brokerage company offers independence but requires significant investment and risk management. Becoming a freight agent for an established North American freight brokerage firm or a global freight forwarder provides stability and support while allowing you to focus on sales. Remember, success in the freight industry depends on hard work, adaptability, and building strong relationships with shippers and carriers. Choose the path that aligns with your goals and risk tolerance.
Watch this short video on the benefits of becoming a freight agent for Logistics Plus.
Jim Berlin pictured left of Penny Pritzker at the Ukraine Recovery Conference.
G-7 Governments Name 18 Business Leaders, including Logistics Plus CEO Jim Berlin, to New Advisory Council for Ukraine
This new initiative is to support Ukraine’s economic stability and growth and pave the way for future reconstruction.
ERIE, PA (June 13, 2024) – Logistics Plus, Inc. (LP), a global leader in transportation, logistics, and unique supply chain solutions, is proud to report that on June 11 at the International Ukraine Recovery Forum, German Chancellor Olaf Scholz announced the launch of a new initiative to support Ukraine’s economic stability and growth and pave the way for future reconstruction, a Business Advisory Council of 18 business leaders from across the G-7 nations, Ukraine, and key donor states.
Logistics Plus Founder and CEO Jim Berlin is one of three business leaders from the United States appointed to this international Council, alongside fellow US representatives from Northrop Grumman and McDonald’s, under the capable leadership of Siemens CEO Dr. Christian Bruch.
Jim and Derek Berlin at the URC Conference in Berlin.
Jim was joined at the conference by Logistics Plus SVP of Global Government Solutions Derek Berlin. Penny Pritzker, Special Representative for Ukraine’s Economic Recovery, served as Head of Delegation.
Of the initiative, Berlin said, “The first meeting of the Business Advisory Council brought together a group of committed and proactive business leaders, and I am confident that working together, we can serve as the ‘tip of the shovel’ of international business engagement in Ukraine at this critical time and onward to rebuild the country.”
In his welcoming remarks at the Ukraine Recovery Conference, Chancellor Scholz said, “The recovery of Ukraine is and has to be a business case too, and (those businesses) will be front and center to engage right from the start. Together with the United States, (this is) why we have taken the initiative for the Business Advisory Council. (It) will be the voice of the business community.”
Logistics Plus has over 70 employees across three locations based in Ukraine. Since the 2022 invasion, Logistics Plus has donated and raised over $1 million worth of total relief for Ukraine. Last year, working with an American oil and gas supplier, Logistics Plus managed the complex delivery of 22 thousand tons of gas pipes to Ukraine to help with infrastructure rebuilding efforts (as shown in the photos below).
Audio comments from Jim Berlin:
About Logistics Plus, Inc.
Logistics Plus, Inc. (LP) is a 21st-century logistics company and a leading worldwide provider of transportation, warehousing, fulfillment, global logistics, business intelligence, technology, and supply chain solutions. LP works in the background to help businesses manage their supply chains in a constantly changing world. Founded in 1996, today LP has annual global sales of over $600M with more than 1,200 employees located in 50+ countries worldwide. LP is recognized as one of the fastest-growing privately-owned logistics companies, a top 3PL provider, a top 100 logistics company, a top freight brokerage and warehousing provider, and a great place to work. With a Passion For Excellence™, its employees put the PLUS in LOGISTICS by doing the big things properly, plus the countless little things that together ensure complete customer satisfaction and success.
ERIE, PA (July 1, 2024) – Logistics Plus, Inc. (LP), a global leader in transportation, logistics, and unique supply chain solutions, is proud to announce that it has been named a 2024 G75 Green Supply Chain Partner by Inbound Logistics magazine. The list, curated annually by the editors of Inbound Logistics, recognizes 75 companies going above and beyond to prioritize green initiatives and help global supply chains become more sustainable.
Owning your own independent freight brokerage company can be an exciting venture, but it is important to understand the financial implications. Here are some key considerations:
