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

Magic Quadrant for Global Third-Party Logistics Providers helps shippers assess global 3PL market

Posted 04/02 · 01:32 PM · MMH Editorial
Having something to base a wide amount of criteria in the 3PL sector can be challenging for shippers. The Gartner Group’s recent release of its Magic Quadrant for Global Third-Party Logistics Providers aims to help alleviate some of those challenges, which can help shippers to better understand 3PLs and their capabilities when evaluating and selecting a set of providers to meet their needs, according to Gartner.
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Magic Quadrant for Global Third-Party Logistics Providers helps shippers assess global 3PL market

Posted 04/02 · 12:57 PM · LM Editorial
Having something to base a wide amount of criteria in the 3PL sector can be challenging for shippers. The Gartner Group’s recent release of its Magic Quadrant for Global Third-Party Logistics Providers aims to help alleviate some of those challenges, which can help shippers to better understand 3PLs and their capabilities when evaluating and selecting a set of providers to meet their needs, according to Gartner.

3PL Management: Conquering the Cold Chain

Posted 04/01 · 06:00 PM · LM Editorial
Scores of major and minor third party logistics providers (3PLs) have found that offering “controlled-temperature” services can help shippers break into emerging markets and develop new revenue streams.

Global Logistics: Demystifying the 4PL

Posted 04/01 · 06:06 AM · LM Editorial
Even though the term 4PL remains shrouded in mystery, a number of prominent logistics providers claim that if there is indeed a 4th dimension, they’ve got it. But can they really deliver on that promise? After defining the differentiating features, we’ll let shippers decide.

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.
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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.
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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.

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