3PL

By Jeff Berman · August 11, 2015
Over the last several months, there has been a spate of merger and acquisition (M&A) activity centered around deals with an emphasis on large truckload brokerages. On the surface deals like these makes sense for more than a few reasons, given the vast carrier reach that the large brokerages have, coupled with strong technology platforms, and shipper relationships across a wide swath of industries.
By Jeff Berman · August 6, 2015
A white paper takes a deep dive into exploring the dynamics of shipper-3PL relationships, with an eye on limiting the "commoditization" of 3PL services.
By Jeff Berman · July 22, 2015
Non asset-based third-party logistics (3PL) services provider Transplace said this week it has officially rolled out Transplace Supply Chain Consulting, its new consulting practice, which it said will focus on improving end-to-end (e-2-e) supply chain performance through an experienced team with what it described as deep functional expertise in transportation and logistics.
By Jeff Berman · July 2, 2015
This is the 26th edition of this report, which is based on monthly data from TIA member companies who submit real operating data and respond to questions on business conditions impacting the 3PL sector.
By John D. Schulz · July 1, 2015
In the best year for the freight transportation industry since the Great Recession, logistics managers chalk up efficiencies that drive further U.S. economic growth. However, capacity issues persist, causing shippers to worry about rate hikes as carriers continue to be meticulous in their partnerships.
By Jeff Berman · June 25, 2015
At last week's eyefortransport 3PL Summit in Chicago, LM Group News Editor Jeff Berman caught up with Echo Global Logistics Chairman and CEO Doug Waggoner. The pair covered a wide range of subjects, including market conditions, capacity, and Echo's recent $420 million acquisition of Command Transportation.
By Jeff Berman · June 12, 2015
In the report, Armstrong said that United States 2013 3PL gross revenue increased 7.4 percent, or by $10.8 billion, to $157.2 billion.
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.

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