Latest trends and best practices in Third Party Logistics technology, software solutions and providers of supply chain planning, operations, shipping and distribution.

Prospects for 3PL market in 2013 look promising, says Armstrong

Posted 03/29 · 08:41 AM · LM Editorial
Annual growth for the third-party logistics (3PL) market in 2013 is expected to be north of 6 percent, with much of current market activity centered around mergers and acquisitions, with many of the same underlying market fundamentals of 2012 still intact, according to Evan Armstrong, president of Armstrong & Associates.

Echo Global Logistics acquires Open Mile Inc.

Posted 03/21 · 09:27 AM · LM Editorial
Established in 2010, Open Mile is a non-asset based transportation service provider, focusing on truckload brokerage, that provides high-tech automation with freight management expertise, according to Echo officials.

MIQ Logistics opens up new Texas-based facility, with a focus on cross-border operations

Posted 03/18 · 10:20 AM · LM Editorial
Global third-party logistics (3PL) services provider MIQ Logistics announced earlier this month that it has opened a Laredo, Texas-based facility which it said will focus on serving shippers’ cross-border supply chain needs.

Sale of Vitran’s 3PL unit to Legacy Supply Chain Solutions is complete

Posted 03/05 · 02:48 PM · LM Editorial
Vitran officials said the purchase price for SCO is $97 million in cash, adding that it has used a portion of the cash to fully reduce its debt under its senior revolving credit facility.
News3PLLTLVitran Corporation

XPO announces Q4 and full-year 2012 earnings, makes another acquisition

Posted 02/28 · 01:09 PM · LM Editorial
Non asset-based 3PL XPO Logistics reported fourth quarter and full-year 2012 results yesterday and also announced that it acquired Chicago-based Covered Logistics & Transportation LLC, a non-asset third party freight brokerage business.
News3PLXPO Logistics

XPO Logistics acquires East Coast Air Charter Inc.

Posted 02/12 · 12:03 PM · LM Editorial
Staying true to a major theme of expanding its service offerings—growth through acquisition—non-asset based third party logistics (3PL) services provider XPO Logistics announced today it has acquired the operating assets of Statesville, North Carolina-based East Coast Air Charter Inc. (ECAC), a non-asset, 3PL focused on expedited air charter brokerage.

Panama Canal Expansion Update

Posted 02/11 · 12:11 PM · SCMR Editorial
As U.S. supply chain managers continue to monitor a possible modal shift in the years ahead, the Panama Canal Expansion has reached several milestones
Blogs3PLSupply ChainManagement

Fuel Price Volatility Continues to Pose Challenges for Supply Chain Managers

Posted 02/05 · 11:56 AM · SCMR Editorial
Diesel prices shot up nearly 10 cents to $4.022 this week, according to the Department of Energy’s Energy Information Administration (EIA).
News3PLEnergyFuel

Menlo increases presence in Singapore with new state-of-the-art facility

Posted 01/10 · 11:30 AM · LM Editorial
Menlo Worldwide Logistics LLC, a third-party logistics (3PL) subsidiary of freight transportation services provider Con-way Inc., announced this week it has opened up a new 37,000 square meter state-of-the-art warehousing and retail distribution management center in Singapore.

Armstrong & Associates report points to strong and emerging logistics market in Mexico

Posted 01/08 · 12:57 PM · LM Editorial
As Mexico continues to gain traction as a more than viable option for global manufacturers to set up shop and leverage favorable labor wages and shorter cross-border transit times, it is subsequently becoming an attractive market for United States and global transportation and logistics service providers.

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