Latest trends and best practices in Third Party Logistics technology, software solutions and providers of supply chain planning, operations, shipping and distribution.
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.
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.
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.
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.
Posted 03/01 · 06:00 PM · LM Editorial
An immense amount of operational and technological expertise exists among global 3PL partners. Determining how those attributes may be used to amp-up logistics and supply chain performance is a demanding task, but one well worth doing. Our resident consultant suggests that it’s time for a more rigorous, holistic approach to the process.
Posted 03/01 · 08:00 AM · LM Editorial
One of the most challenging business areas for parties committed to collaborative contracting is in the area of international logistics services. However, some recent research at the University of Tennessee, combined with practical experiences, has started to shape some rules for success in contracting complex logistics.
Posted 02/24 · 09:02 AM · SCMR Editorial
A new report from Chicago-based freight transportation and logistics consultancy CarrierDirect, entitled “Eat or Be Eaten: The Year of Separation in Freight,” takes a deep dive into various aspects of current market trends on freight transportation and logistics.
Posted 02/17 · 09:10 AM · SCMR Editorial
Ocean carrier returns to core business.
Posted 02/17 · 06:24 AM · LM Editorial
Speculation first reported in Logistics Management that APL Logistics was up for sale has been confirmed. In a statement issued yesterday, Neptune Orient Lines (NOL) indicated it is spinning off the third-party arm for $1.2 billion to Japan’s Kintetsu World Express (KWE).
Posted 02/10 · 10:44 AM · LM Editorial
XPO Logistics announced late yesterday it has acquired New York, New York-based UX Specialized Logistics, a North American provider of last mile logistics services for major retail chains and e-commerce shippers.