Firms providing
such transport management services use their own equipment and transportation fleet
to provide truckload, less-than-truckload, air, or sea freight along with value-added
logistics service, and therefore are very asset intensive. Some LSPs also focus on
supply chain consulting such as global network design and distribution strategies,
inventory forecasting and planning, product design strategies, information technology
needs assessment, and vendor identification and management. Such LSPs are
IT-intensive and are asset light. Both transport management and supply chain
consulting services are key services for the logistics sector and are categorized as Tier
1 logistics service activities.