Genco officials said that the new entity will be privately owned and rebranded under the name GENCO ATC

Following a July announcement stating that ATC Corporation, a provider of logistics and remanufacturing services for the high-tech and automotive services had entered into a definitive agreement to be acquired by third-party logistics (3PL) services provider Genco Distribution System for $512.6 million, the deal has now been made official.

A new report from supply chain consultancy Armstrong & Associates states that United States-based commercial warehousing revenue will hit $50 billion in 2010.

A new report from supply chain consultancy Armstrong & Associates Inc. states that United States-based commercial warehousing revenue will hit $50 billion in 2010. The report notes that combined contract and public warehousing revenues are expected to top 2008 levels by 2 percent after a 2009 decline. And it added that the contract and public warehousing market now represents 45 percent of the entire U.S. warehousing market.

It would be tough to add up the actual pages that the business-to-business press has written, printed, and posted on the advantages that a successful outsourcing relationship can bring to a logistics operation.

A forward supply chain is only half of the total logistics process, says a 4PRL executive

After outsourcing its transportation functions to a 3PL in January 2007, the 150-year-old manufacturer brought it back under its own roof to tighten controls, establish carrier measurement, and rack up the savings. And that bold move earned Armstrong the 2010 NASSTRAC Shipper of the Year Award.

The recently-concluded annual conference of the Council of Supply Chain Management Professionals in San Diego provided a great deal of insight on the macro- and micro-economic issues impacting the supply chain

Despite overall economic conditions being better than they were a year ago, third-party logistics (3PL) CEO’s are still indicating business conditions have a ways to go before things fully turn around, according to the results of the 17th Annual Survey of Third-Party Logistics Providers.

The most recent results from the Transportation Intermediary Association’s (TIA) 3PL Market Report indicate that the third-party logistics sector is regaining its financial footing following the depths of the recession.