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