Latest posts about 3PL
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GXO’s acquisition of Wincanton is a done deal
April 29, 2024
The acquisition of Chippenham, UK-based Wincanton, a supply chain solutions services provider across myriad vertical markets, by Greenwich, Conn.-based global contract logistics services provider GXO Logistics, has gone from pending to completed, GXO announced today.
LM Podcast Series: Assessing the freight transportation and logistics markets with Tom Nightingale, AFS Logistics
April 18, 2024
During this podcast, Nightingale provided a detailed overview of the new Cowen/AFS Freight Index report and variuous market issues.
Going Deep with 3PLs
April 2, 2024
From ever-increasing customer demands to increased operating and finance costs to delivering against the sustainability targets set by the C-suite, the need to go deeper with your third-party logistics provider is not only needed, but necessary to survive in the world of uncertainty in which we all live.
Orchestration: The Future of Supply Chain
April 1, 2024
Digitalization is already delivering significant advances in productivity, speed and visibility to supply chain operations. Orchestration promises to build on and amplify those benefits.
LM Podcast Series: 3PL market update with Evan Armstrong
March 25, 2024
Themes focused on over the course of this podcast included: the state of the market; ways in which the pandemic affected 3PL operations; M&A; how 3PLs are adjusting to and leveraging nearshoring; and the economy, among other topics.
GXO’s acquisition of Wincanton remains on track for completion by late April
March 14, 2024
The pending acquisition of Chippenham, UK-based Wincanton, a supply chain solutions services provider across myriad vertical markets, by Greenwich, Conn.-based global contract logistics services provider GXO Logistics appears to remain on track, according to a “scheme of arrangement” recently issued by Wincanton.
New TIA Q4 Market Report sees declines amid some positive trends
March 14, 2024
Challenging market conditions on various fronts, for freight transportation brokers and intermediaries, were the main themes of the new edition of the “3PL Market Report Fourth Quarter 2023, which was issued this week by the Alexandria, Va.-based Transportation Intermediaries Association (TIA).
Uber Freight heralds strong growth in its European Managed Transportation business
March 12, 2024
The company said that this business unit now has more than $200 million euro ($218.2 million USD) in freight under management and is on track for $2 billion ($2.18 billion USD) by 2028.
3PL market update with Evan Armstrong
March 11, 2024
In this podcast, Jeff Berman, Group News Editor for Logistics Management and the Peerless Media Supply Chain Group interviews Evan Armstrong, President of Brookfield, Wisc.-based supply chain consultancy Armstrong & Associates.
Wincanton’s board endorses GXO’s acquisition offer
March 1, 2024
Following a previous announcement that Greenwich, Conn.-based global contract logistics services provider GXO Logistics made a $965 million cash offer to acquire Chippenham, UK-based Wincanton, a supply chain solutions services provider across myriad vertical markets, it appears that Wincanton is receptive to the offer.
GXO makes an offer to acquire UK-based Wincanton
February 29, 2024
Greenwich, Conn.-based global contract logistics services provider GXO Logistics said earlier today it has made an offer to acquire Chippenham, UK-based Wincanton, a supply chain solutions services provider across myriad vertical markets. GXO said it has made a $965 million cash offer for Wincanton.
Global 3PL market revenues fall in 2023, with future growth on the horizon, Armstrong report notes
February 28, 2024
Total estimated 2023 global 3PL market revenue was off 18.5% annually, coming in at $1.2 trillion. But even with that decline, the firm observed that this tally still represented a 25.3% increase, when compared to pre-pandemic 2019.
CBRE report highlights a decrease in ‘megawarehouse’ leases from 2022 to 2023
January 30, 2024
CBRE reported that the largest 100 industrial lease transactions in 2023 included 43 deals for 1 million square-feet (MSF) or more, which the firm describes as “megawarehouses.” This fell short of 2022’s record-high 63 deals and 2021’s strong 57 deals tally. The average size of the top 100 leases came in at 986,744 square-feet, down from 2023’s record 1.07 MSF and the previous record set in 2021, at 1.05 MSF.
Logistics professionals need help in navigating ‘chess board’ of issues, says Tucker
January 23, 2024
Battle-tested logisticians need help to cope with growing freight levels as the nation rebuilds its infrastructure amid an economic boom, one of America’s top third-party professionals told Congress last week.
2024 State of the North American Supply Chain
January 22, 2024
Upgrade your shipping strategies with insights from over 1,400 shippers to stay ahead in the ever-changing world of logistics.