Filed in 3PL
Tuesday, March 05, 2013
Vitran officials said the purchase price for SCO is $97 million in cash, adding that it has used a portion of the cash to fully reduce its debt under its senior revolving credit facility.
Posted on 03/05 at 02:48 PM
Vitran Corporation •
Thursday, February 28, 2013
Non asset-based 3PL XPO Logistics reported fourth quarter and full-year 2012 results yesterday and also announced that it acquired Chicago-based Covered Logistics & Transportation LLC, a non-asset third party freight brokerage business.
Posted on 02/28 at 01:09 PM
XPO Logistics •
Tuesday, February 12, 2013
Staying true to a major theme of expanding its service offerings—growth through acquisition—non-asset based third party logistics (3PL) services provider XPO Logistics announced today it has acquired the operating assets of Statesville, North Carolina-based East Coast Air Charter Inc. (ECAC), a non-asset, 3PL focused on expedited air charter brokerage.
Thursday, January 10, 2013
Menlo Worldwide Logistics LLC, a third-party logistics (3PL) subsidiary of freight transportation services provider Con-way Inc., announced this week it has opened up a new 37,000 square meter state-of-the-art warehousing and retail distribution management center in Singapore.
Tuesday, January 08, 2013
As Mexico continues to gain traction as a more than viable option for global manufacturers to set up shop and leverage favorable labor wages and shorter cross-border transit times, it is subsequently becoming an attractive market for United States and global transportation and logistics service providers.
Thursday, November 29, 2012
Earlier this week, global third-party logistics (3PL) services provider CEVA Logistics reported third quarter earnings of $1.8 billion Euro or about $2.4 billion U.S., which represented a 5.1 percent annual gain.
Posted on 11/29 at 01:44 PM
Global Logistics •
Tuesday, November 27, 2012
Bringing sourcing closer to home—also commonly referred to as near shoring—a practice used by shippers to reduce distance, production, and delivery of their products, may be again gaining some momentum, according to research from BDP International.
Wednesday, November 14, 2012
Study explores risk and mitigation, talent acquisition and concept of "X-shoring."
Monday, November 05, 2012
RRTS continues to remain active on the acquisition front with today’s announcement that it has acquired all of the outstanding stock of Central Cal Transportation, a provider of intermodal transportation and related services from the Northern California region.
Posted on 11/05 at 09:26 AM
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Thursday, November 01, 2012
In today’s dynamic, global marketplace, shippers need to execute a checklist of essential action items in order to get the most out of their third-party logistics partnership.