Posted 04/17 · 04:27 PM · SCMR EditorialAnother indication of resurgence in the third-party logistics (3PL) marketplace surfaced yesterday, as a leading industry consultancy entered the executive recruiting sector.
Posted 04/17 · 02:29 PM · LM EditorialAnother indication of resurgence in the third-party logistics (3PL) marketplace surfaced yesterday, as a leading industry consultancy entered the executive recruiting sector.
Posted 04/16 · 10:02 AM · LM EditorialGlobal third-party logistics (3PL) services provider BDP International recently said it has taken an equity position in Interflex S.A., a Cartategna, Colombia-based international freight forwarder that is a member of BDP’s global network.
Posted 04/15 · 08:19 AM · LM EditorialGlobal logistics and express delivery services provider DHL Express said last week that it has made various enhancements and additions on many key lanes that will take effect by the end of the month.
Posted 04/10 · 11:52 AM · LM EditorialNow that the impact of federal budget sequestration on the United States Customs and Border Protection (CBP) is on hold, the Port Tracker report from the National Retail Federation and Hackett Associates is calling for gains in April United States-bound import cargo levels.
Posted 04/04 · 10:19 AM · LM EditorialCEVA said that through these efforts—and upon completion of the recapitalization—the company will reduce its consolidated net debt by more than $1.5 billion ($1.2 billion euros) and its annual cash interest expense by more than $173 million ($135 million euros) and also receive a capital infusion of a minimum of $264 million ($205 million euros) for investment in its business plan.
Posted 04/02 · 12:57 PM · LM EditorialHaving 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.
Posted 04/01 · 06:00 PM · LM EditorialScores 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.
Posted 03/21 · 10:13 AM · LM EditorialUPS has officially acquired the 49 percent interest of Vietnam-based VN Express in the joint delivery venture between the companies, whom initially first partnered in 1994, with VN Express serving at UPS’s authorized agent in Vietnam, prior to establishing a joint stock company in 2010.
Posted 03/15 · 11:45 AM · LM EditorialIn response to global challenges faced by most businesses throughout the past few years, freight forwarders have adjusted their business models in response to adverse economic demands.