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Logistics service provider

Term meaning Logistics service provider

A legal entity whose main commercial activity is the performance of logistics operations, for example, a CARRIER, a company that offers storage, warehousing, distribution services, etc. supply chain companies. LSPs are also referred to as "third party", 3PL or distribution companies. Currently, a new generation of logistics service providers has emerged - the so-called 4 PL (4th logistics side). These are companies that provide full supply chain management and LSP on behalf of manufacturers and retailers.

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