2012 3PL report and predictions show modest growth, little help from Washington.

Supply chain consultancy Armstrong & Associates said this week that total United States 2012 third-party logistics (3PL) gross revenue—at $141.8 billion—were up 6 percent over 2011.

Company officials said that CEVA’s quarterly results were impacted by various factors, including: overall soft global logistics markets; loss of airfreight volume with some business switching to ocean transport; exposure to Eurozone markets; and underperforming Contract Logistics contracts.

CEVA CEO Marv Schlanger said that his company's recapitalization will make for a stronger balance sheet for CEVA, which will enable the company to grow faster and better compete in the logistics and supply chain marketplace.

Non asset-based 3PL XPO Logistics reported first quarter results yesterday and also announced that it acquired Interide Logistics, a freight brokerage business. First quarter revenue for XPO Logistics—at $114.0 million—was up 155.8 percent annually, and gross margin dollars increased 140.0 percent annually to $16.3 million, with gross margin percentage up 14.3 percent.

CEVA said that it will reduce its consolidated net debt by more than $1.7 billion ($1.3 billion euros) and its annual cash interest expense by more than $170 million ($130 million euros) and also receive a capital infusion of a minimum of $301 million ($230 million euros) for investment in its business plan.

Another indication of resurgence in the third-party logistics (3PL) marketplace surfaced yesterday, as a leading industry consultancy entered the executive recruiting sector.

Another indication of resurgence in the third-party logistics (3PL) marketplace surfaced yesterday, as a leading industry consultancy entered the executive recruiting sector.

Global third-party logistics (3PL) services provider BDP International recently said it has taken an equity position in Interflex S.A., a Cartategna, Colombia-based international freight forwarder that is a member of BDP’s global network.

CEVA said that through these efforts—and upon completion of the recapitalization—the company will reduce its consolidated net debt by more than $1.5 billion ($1.2 billion euros) and its annual cash interest expense by more than $173 million ($135 million euros) and also receive a capital infusion of a minimum of $264 million ($205 million euros) for investment in its business plan.