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Filed in 3PL

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.
Posted on 05/23 at 11:09 AM
News3PLArmstrong & AssociatesPermalink


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.
Posted on 05/22 at 01:01 PM
News3PLCEVAPermalink


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.
Posted on 05/10 at 06:45 AM
News3PLGlobal LogisticsCEVAPermalink


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.
Posted on 05/08 at 12:46 PM
News3PLXPO LogisticsPermalink


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.
Posted on 05/02 at 12:37 PM
News3PLGlobal LogisticsCEVAPermalink


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.
Posted on 04/17 at 02:29 PM
News3PLFreightGlobalLogisticsPermalink


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.
Posted on 04/16 at 10:02 AM
News3PLGlobal LogisticsBDP InternationalPermalink


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.
Posted on 04/04 at 10:19 AM
News3PLGlobal LogisticsCEVAPermalink


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.
Posted on 04/02 at 12:57 PM
News3PLGlobal LogisticsGartner GroupPermalink


Monday, April 01, 2013

Even though the term 4PL remains shrouded in mystery, a number of prominent logistics providers claim that if there is indeed a 4th dimension, they’ve got it. But can they really deliver on that promise? After defining the differentiating features, we’ll let shippers decide.


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