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

Armstrong & Associates report points to steady gains in 3PL sector growth

Posted 06/12 · 12:25 PM · MMH Editorial
In the report, Armstrong said that United States 2013 3PL gross revenue increased 7.4 percent, or by $10.8 billion, to $157.2 billion.

Armstrong & Associates report points to steady gains in 3PL sector growth

Posted 06/12 · 11:15 AM · LM Editorial
The bigger, the better could serve as a accurate description of the third-party logistics (3PL) sector, given the increasing activity of large-scale 3PL-related acquisitions, coupled with the steady revenue growth the sector has seen and is expected to see in the future, too. That is a key takeaway of a new report issued this week by supply chain consultancy Armstrong & Associates Inc., entitled “Big Deal - 2014 3PL Results and 2015 Estimates.”

XPO’s completes acquisition of Norbert Dentressangle SA

Posted 06/09 · 08:34 AM · LM Editorial
Following its April announcement that it planned to acquire Lyon, France-based 3PL Norbert Dentressangle SA for $3.53 billion, non asset-based 3PL XPO Logistics said yesterday that the acquisition has been made official.
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2015 Top 50 3PLs: The party keeps roaring along

Posted 06/01 · 04:00 PM · LM Editorial
In the wake of the recent acquisition of Norbert Dentressangle by XPO Logistics, the logistics community is bracing for even more major consolidation deals. The third-party logistics provider (3PL) community is loving it, especially as their margins continue to widen—particularly throughout North America.

SEKO Logistics partners up with Greenbriar Equity Group LLC for future growth plans

Posted 05/13 · 12:00 PM · LM Editorial
SEKO said New York-based private equity firm Greenbriar Equity Group LLC, which has more than $2 billion of committed capital in companies in the global transportation industry, including logistics, distribution, and, freight, among others, will serve as its private equity growth partner.

Murphy Warehouse Company achieves internationally recognized SQF Certification

Posted 05/07 · 03:48 PM · MMH Editorial
The second of three levels opens the company to new opportunities in a market where minimum requirements are often non-negotiable.

CEVA Logistics posts 4.6 percent first quarter gain in constant currency

Posted 05/06 · 10:47 AM · LM Editorial
First quarter revenue of $1.776 billion was down 4.8 percent annually but up 4.6 percent in constant currency. And adjusted EBITDA at $51 million saw an 18.6 percent annual gain, with a 23.3 percent increase in constant currency.
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XPO reports mixed Q1 earnings, adds Bridge Terminal Transport to portfolio

Posted 05/05 · 09:16 AM · LM Editorial
Non asset-based 3PL XPO Logistics reported solid first quarter earnings last night, with total gross revenue seeing a 148.9 percent annual gain at $703.0 million and net revenue up 349.0 percent to $262.2 million. Despite the significant gains in total gross revenue and net revenue, the company had a $14.7 million quarterly net loss, which marked an improvement compared to a $28.3 million net loss a year ago.
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XPO Logistics expands global reach, agrees to acquire Norbert Dentressangle SA for $3.53 billion

Posted 04/29 · 08:54 AM · LM Editorial
Since its inception in September 2011, non asset-based 3PL XPO Logistics has made several acquisitions. And that process it has established itself as a player in myriad markets through its growth by acquisition strategy. Yesterday, it took things on the acquisition front to a new level, announcing it plans to acquire Lyon, France-based 3PL Norbert Dentressangle SA for $3.53 billion.

7 ways 3PLs support warehousing and distribution

Posted 04/01 · 10:10 AM · MMH Editorial
Initially focused on the transportation component of the supply chain, the modern day 3PL offers a range of services to support warehousing and distribution.

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