3PL

By Jeff Berman · 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.”
By Jeff Berman · June 9, 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.
SPECIAL REPORT
By Patrick Burnson · June 1, 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.
By Jeff Berman · 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.
By MMH Staff · May 7, 2015
The second of three levels opens the company to new opportunities in a market where minimum requirements are often non-negotiable.
By Jeff Berman · May 6, 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.
By Jeff Berman · May 5, 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.
By Jeff Berman · 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.
By Bridget McCrea · April 1, 2015
Initially focused on the transportation component of the supply chain, the modern day 3PL offers a range of services to support warehousing and distribution.
By Patrick Burnson · 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).
By Jeff Berman · 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.
By Jeff Berman · February 9, 2015
LinkEx was established in 2002. It has 50 employees and generated $36 million in 2014 revenue.
By Jeff Berman · February 4, 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.
By Jeff Berman · January 9, 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.
By Jeff Berman · 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.

Page 3 of 24 pages  < 1 2 3 4 5 >  Last ›
Latest Whitepaper
Reduce Order Processing Costs by 80%
Sales order automation software will seamlessly transform inbound emailed and printed purchase orders into electronic sales orders that can be automatically processed into your ERP system with 100% accuracy.
Download Today!
From the June 2016 Issue
In the wildly unstable ocean cargo carrier arena, three major consortia are fighting for market share, with some players simply hanging on for survival. Meanwhile, shippers may expect deployment shifts as a consequence of the Panama Canal expansion.
WMS Update: What do we need to run a WMS?
Supply Chain Software Convergence: Synchronization Realized
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
Optimizing Global Transportation: How NVOCCs Can Use Technology to Operate More Profitably
Global transportation isn't getting any easier to manage, especially for non-vessel operating common carriers (NVOCCs). Faced with uncertainties like surcharges—but needing to remain competitive when bidding against other providers—NVOCCs need the right mix of historical data, data intelligence, and technology support to make quick and effective decisions. During this webcast you'll learn how Bolloré Transport & Logistics was able to streamline its global logistics and automate contract management.
Register Today!

EDITORS' PICKS
Details Key to Cross-border Ease
Ever-changing regulations are making it risky for U.S. companies engaged in cross-border trade...
Digital Reality Check
Just how close are we to the ideal digital supply network? Not as close as we might like to think....

Top 25 ports: West Coast continues to dominate
The Panama Canal expansion is set for late June and may soon be attracting more inbound vessel calls...
Port of Oakland launches smart phone apps for harbor truckers
Innovation uses Bluetooth, GPS to measure how long drivers wait for cargo