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Filed in 3PL

Wednesday, May 06, 2015

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 on 05/06 at 10:47 AM
News3PLCEVAglobal logisticsPermalink


Tuesday, May 05, 2015

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 on 05/05 at 09:16 AM
News3PLXPO LogisticsPermalink


Wednesday, April 29, 2015

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 on 04/29 at 08:54 AM
News3PLXPO LogisticsFreight Brokerageglobal logisticsPermalink


Tuesday, February 17, 2015

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 on 02/17 at 06:24 AM
News3PLOcean FreightLogisticsPermalink


Tuesday, February 10, 2015

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.
Posted on 02/10 at 10:44 AM
News3PLXPO LogisticsExpeditedlast-mile deliveryPermalink


Monday, February 09, 2015

LinkEx was established in 2002. It has 50 employees and generated $36 million in 2014 revenue.
Posted on 02/09 at 12:24 PM
News3PLLTLSaiaPermalink


Wednesday, February 04, 2015

Global third-party logistics (3PL) services provider CEVA Logistics recently announced it opened up its fourth facility in Chicago, which is located in close proximity to O’Hare International Airport.
Posted on 02/04 at 10:35 AM
News3PLCEVAPermalink


Friday, January 09, 2015

LM Group News Editor recently spoke with Doug Waggoner, CEO of Echo Global Logistics, a non-asset based freight brokerage company and a provider of technology-enabled transportation and supply chain management services about how 2014 ended up in the freight transportation and logistics sectors and various related topics.
Posted on 01/09 at 10:03 AM
News3PLEcho Global LogisticsPermalink


Tuesday, December 16, 2014

With an eye on further expansion of its e-commerce business and related reverse logistics processes, transportation and logistics bellwether FedEx last night announced it has inked an agreement to acquire Pittsburgh-based GENCO, a third-party logistics (3PL) services provider specializing in product lifecycle and reverse logistics.
Posted on 12/16 at 10:26 AM
News3PLFedExGENCOReverse Logisticse-commercePermalink


Thursday, December 04, 2014

Non asset-based third-party logistics (3PL) services provider UTi Worldwide (UTIW) issued a statement yesterday shooting down speculation that it will be acquired by DSV A/S, a Denmark-based global supplier of transport and logistics services.
Posted on 12/04 at 11:08 AM
News3PLFreight ForwardingUTi WorldwidePermalink



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