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Filed in 3PL

Friday, June 12, 2015

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.”
Posted on 06/12 at 11:15 AM
News3PLArmstrong & AssociatesPermalink


Tuesday, June 09, 2015

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.
Posted on 06/09 at 08:34 AM
News3PLXPO LogisticsXPOPermalink


Monday, June 01, 2015

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.
Posted on 06/01 at 04:00 PM
Special Reports3PLJune 2015Third-party logisticsPermalink


Wednesday, May 13, 2015

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.
Posted on 05/13 at 12:00 PM
News3PLTransportation ManagementSEKO LogisticsPermalink


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



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