Logistics Service Provider (LSP)

A logistics service provider (LSP) is a company that provides logistics services to shippers and other customers. LSPs may provide a range of services, including transportation, warehousing, inventory management, and distribution. 

In the shipping industry, LSPs play a critical role in the supply chain by providing a range of services that enable the efficient and timely delivery of goods. LSPs can help shippers to reduce transportation costs, optimize their operations, and improve customer satisfaction.