Second party logistics [2PL] providers are the carriers that ship and store goods on behalf of their customers. A 2PL provider is an asset-based carrier, which is the owner of the transportation being employed. Typical 2PL providers are shipping lines that own, lease or charter their ships; or trucking companies that own or lease their trucks. As an example, company A commissions company C to transport its goods to company B. In this scenario, company C is the 2PL provider. See also 2PL Logistics, 3PL Logistics, 4PL Logistics and 5PL Logistics.« Back to Glossary Index
Discover the world’s largest Glossary of Procurement terms
With over 800 Procurement specific terms (and growing) you will find everything you need to know or thought you knew about the Procurement function. Our aim is to provide you with a comprehensive list collated from the Comprara Groups hub of training and consulting source materials.The Procurement Glossary has been compiled by industry expert Paul Rogers.