A 4PL, commonly referred to as a lead logistics provider, is a trucking company that also provides tracking servicesa) true b) false

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Business

Jaelyn Horn

24 September, 13:45

A 4PL, commonly referred to as a lead logistics provider, is a trucking company that also provides tracking servicesa) true b) false

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Jaelyn Arnold · Answer 1

False

Explanation:

4PL is the term used for fourth party logistics. It has nothing to do with a truck company. Rather it refers to the party of logistics services provider who provides the services in which it further takes the charge of goods from 3rd party of logistics service provider.

It not only delivers the goods but rather provides the entire facility of storage and care in the entire process.

This basically is not a function of trucking company, but a company which manages the goods transportation in complete sense. It even includes insurance during transportation many times.