Filed in 3PL

Friday, May 24, 2013

LM recently spoke with recently spoke with Wall Street analyst John Larkin to get some of his insights as we approach the halfway point of 2013, or at least get a little closer to it.

Thursday, May 23, 2013

Supply chain consultancy Armstrong & Associates said this week that total United States 2012 third-party logistics (3PL) gross revenue—at $141.8 billion—were up 6 percent over 2011.

Wednesday, May 22, 2013

Company officials said that CEVA’s quarterly results were impacted by various factors, including: overall soft global logistics markets; loss of airfreight volume with some business switching to ocean transport; exposure to Eurozone markets; and underperforming Contract Logistics contracts.

Friday, May 10, 2013

CEVA CEO Marv Schlanger said that his company's recapitalization will make for a stronger balance sheet for CEVA, which will enable the company to grow faster and better compete in the logistics and supply chain marketplace.

Wednesday, May 08, 2013

Non asset-based 3PL XPO Logistics reported first quarter results yesterday and also announced that it acquired Interide Logistics, a freight brokerage business. First quarter revenue for XPO Logistics—at $114.0 million—was up 155.8 percent annually, and gross margin dollars increased 140.0 percent annually to $16.3 million, with gross margin percentage up 14.3 percent.

Thursday, May 02, 2013

CEVA said that it will reduce its consolidated net debt by more than $1.7 billion ($1.3 billion euros) and its annual cash interest expense by more than $170 million ($130 million euros) and also receive a capital infusion of a minimum of $301 million ($230 million euros) for investment in its business plan.

Wednesday, April 17, 2013

Another indication of resurgence in the third-party logistics (3PL) marketplace surfaced yesterday, as a leading industry consultancy entered the executive recruiting sector.

Tuesday, April 16, 2013

Global 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.

Thursday, April 04, 2013

CEVA 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.

Tuesday, April 02, 2013

Having 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.