Latest trends and best practices in Third Party Logistics technology, software solutions and providers of supply chain planning, operations, shipping and distribution.
Posted 07/02 · 09:07 AM · LM Editorial
This is the 26th edition of this report, which is based on monthly data from TIA member companies who submit real operating data and respond to questions on business conditions impacting the 3PL sector.
Posted 06/25 · 10:46 AM · LM Editorial
At last week's eyefortransport 3PL Summit in Chicago, LM Group News Editor Jeff Berman caught up with Echo Global Logistics Chairman and CEO Doug Waggoner. The pair covered a wide range of subjects, including market conditions, capacity, and Echo's recent $420 million acquisition of Command Transportation.
Posted 06/15 · 07:55 AM · SCMR Editorial
The bigger, the better could serve as a accurate description of the third-party logistics (3PL) sector, given the increasing activity of large-scale 3PL-related acquisitions, coupled with the steady revenue growth the sector has seen and is expected to see in the future, too.
Posted 06/12 · 12:25 PM · MMH Editorial
In the report, Armstrong said that United States 2013 3PL gross revenue increased 7.4 percent, or by $10.8 billion, to $157.2 billion.
Posted 06/12 · 11:15 AM · LM Editorial
The bigger, the better could serve as a accurate description of the third-party logistics (3PL) sector, given the increasing activity of large-scale 3PL-related acquisitions, coupled with the steady revenue growth the sector has seen and is expected to see in the future, too. That is a key takeaway of a new report issued this week by supply chain consultancy Armstrong & Associates Inc., entitled “Big Deal - 2014 3PL Results and 2015 Estimates.”
Posted 06/09 · 08:34 AM · LM Editorial
Following its April announcement that it planned to acquire Lyon, France-based 3PL Norbert Dentressangle SA for $3.53 billion, non asset-based 3PL XPO Logistics said yesterday that the acquisition has been made official.
Posted 06/01 · 04:00 PM · LM Editorial
In the wake of the recent acquisition of Norbert Dentressangle by XPO Logistics, the logistics community is bracing for even more major consolidation deals. The third-party logistics provider (3PL) community is loving it, especially as their margins continue to widen—particularly throughout North America.
Posted 05/13 · 12:00 PM · LM Editorial
SEKO said New York-based private equity firm Greenbriar Equity Group LLC, which has more than $2 billion of committed capital in companies in the global transportation industry, including logistics, distribution, and, freight, among others, will serve as its private equity growth partner.
Posted 05/07 · 03:48 PM · MMH Editorial
The second of three levels opens the company to new opportunities in a market where minimum requirements are often non-negotiable.
Posted 05/06 · 10:47 AM · LM Editorial
First quarter revenue of $1.776 billion was down 4.8 percent annually but up 4.6 percent in constant currency. And adjusted EBITDA at $51 million saw an 18.6 percent annual gain, with a 23.3 percent increase in constant currency.