Latest trends and best practices in Third Party Logistics technology, software solutions and providers of supply chain planning, operations, shipping and distribution.
Posted 10/09 · 12:10 PM · LM Editorial
More than nine months after saying it was not for sale, Long Beach Calif.-based non asset-based third-party logistics (3PL) services provider UTi Worldwide has apparently changed its tune, with the company saying it has entered into a definitive agreement to be acquired by Denmark-based global 3PL DSV for $1.35 billion and $7.10 per share.
Posted 10/01 · 10:46 AM · LM Editorial
As was the case in its predecessor report a year ago, third-party logistics (3PL) CEOs are confident and optimistic about the current and future revenue growth, according to the Annual Surveys of Third-Party Logistics (3PL) CEOs, released earlier this week at the Council of Supply Chain Management Professionals (CSCMP) Annual Conference in San Diego.
Posted 10/01 · 08:25 AM · LM Editorial
A focus on collaboration and strong relationships between third-party logistics (3PL) providers serving as one of a main building blocks for supply chain success was a key theme in the 2016 20th Annual Third-Party Logistics Study released at this week’s Council of Supply Chain Management Professionals (CSCMP) Annual Conference in San Diego by Capgemini Group, Penn State University, Korn Ferry, and Penske Logistics.
Posted 09/28 · 02:42 PM · SCMR Editorial
Following the onset of the global recession in 2008 there were relatively few large –scale acquisitions in the 3PL industry. That has changed dramatically since early 2014. Since that time there have been ten major acquisitions by 3PLs totaling $18 billion.
Posted 09/28 · 09:54 AM · SCMR Editorial
CEOs across North America, Asia-Pacific and Europe were also asked to project regional industry revenue growth rates for the next three years in each of their regions.
Posted 09/28 · 08:53 AM · LM Editorial
In its comprehensive report, Armstrong & Associates, Inc. (A&A) estimates the total U.S. warehousing market for 2015 will be $141 billion.
Posted 09/25 · 01:04 AM · LM Editorial
Growth in brokered freight transportation shipments and total invoice dollars were key themes in the Second Quarter 2015: TIA Benchmarking Report, which was recently issued by the Transportation Intermediaries Association (TIA).
Posted 09/18 · 10:10 AM · LM Editorial
Transplace officials said that by bringing M33 Integrated into the fold, it “expands the company’s vertical expertise and geographical reach, and further supports the company’s commitment to strategic growth in order to meet the supply chain needs of its growing customer base.”
Posted 09/16 · 12:39 PM · LM Editorial
APL Logistics recently announced it has rolled out a new service offering that it said is designed to save shippers money and time through the optimization and management of high-frequency truck deliveries across complex supply chains.
Posted 09/14 · 12:46 PM · SCMR Editorial
Since FedEx announced the acquisition of GENCO late last year, many supply chain managers may still be seeking answers on the cultural shift and its impact on the 3PL marketplace.