Logistics Plus (LP) is thrilled to announce the strategic expansion of our LP Yacht division into Scandinavia, marking a significant milestone in our growth. With unwavering dedication from our existing LP Scandinavia team, we have broadened the reach of this specialized vertical solution to an even larger market. This expansion comes in response to the recent surge in the project logistics market, enabling Logistics Plus to extend its network across Denmark, Finland, Norway, and Sweden.
Our new Scandinavian team is a perfect addition to the LP Family, enhancing our ability to meet niche supply chain demands on a global scale. This expansion aligns seamlessly with the objectives of our global yacht division, which specializes in shipping anything that floats to destinations worldwide. Logistics Plus can now optimize our customers’ supply chains even further, ensuring efficient and reliable services across Scandinavia.
The LP Yacht team offers comprehensive solutions whether we’re working as your 3PL or 4PL partner. Our services encompass transportation, warehousing, fulfillment, logistics, business intelligence, technology, and unique supply chain solutions. We are committed to delivering exceptional service and innovative solutions to meet all your logistics needs.
For more information or to discuss how we can support your logistics requirements, contact our LPY Yacht team at lp.yacht@logisticsplus.com.
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 Global Projects Director Bahadir Erdil was featured in Hürriyet newspaper on Friday, June 30th. Hürriyet is the second-most circulated newspaper in all of Turkey.
In his featured piece, Bahadir discussed the following topics:
Logistics Plus Turkey offices and operations
How the logistics sector faired in the first half of 2024
Examples of recent projects
The main challenges faced in energy, project, and heavy-lift logistics
Overcoming obstacles and challenges
Advice for young managers in the logistics industry
The Logistics Plus (LP) Poland team has successfully organized transshipment operations and deliveries of industrial equipment throughout Europe, supporting the shipbuilding, renewable energy, and offshore sectors. In most cases, the technical parameters of the out-of-gauge (OOG) and heavy-lift (HL) cargo forced the team to utilize low-bed trucks, obtain road consents and permits, and secure the convoys with civil escorts for safety.
Here are the descriptions of each project handled by LP Poland in June 2024.
1) Poland Zukowo – Sweden Fliseryd
One export module (3300L x 2300W x 2700H mm) weighing 2760 kgs.
One filling station (3850L x 1950W x 3050H mm) weighing 1244 kgs.
One MR skid (7.1L x 4.15W x 4.15H mm) weighing 17500 kgs.
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.
Logistics Plus (LP) is thrilled to announce the strategic expansion of our LP Yacht division into Scandinavia, marking a significant milestone in our growth. With unwavering dedication from our existing LP Scandinavia team, we have broadened the reach of this specialized vertical solution to an even larger market. This expansion comes in response to the recent surge in the project logistics market, enabling Logistics Plus to extend its network across Denmark, Finland, Norway, and Sweden.
The Logistics Plus (LP) Poland team has successfully organized transshipment operations and deliveries of industrial equipment throughout Europe, supporting the shipbuilding, renewable energy, and offshore sectors. In most cases, the technical parameters of the out-of-gauge (OOG) and heavy-lift (HL) cargo forced the team to utilize low-bed trucks, obtain road consents and permits, and secure the convoys with civil escorts for safety.
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: