3PL

By Jeff Berman · August 13, 2014
Revenue was up 6 percent compared to the first quarter at $1.978 million and down 4.2 percent annually, and adjusted EBITDA was up 40 percent compared to the first quarter at $60 million, and was down 25 percent annually. Quarterly EBITDA was lower annually, due to the company’s Freight Management group revenues being negatively affected by lower market rates.
By Jeff Berman · August 12, 2014
RRTS said yesterday it has entered into a definitive merger agreement to acquire Belleville, Mich.-based Active Aero Group, a provider of ground and air expedited services through its proprietary TMS, for roughly $115 million, with the acquisition expected to close by the end of September.
By Logistics Management Staff · August 1, 2014
According to Evan Armstrong, president of 3PL consulting firm Armstrong and Associates, U.S. 3PL gross revenue in 2013 saw annual gains, up 3.2 percent over 2012 at $146.4 billion. He says that while global trade and economic activity serve as the “ultimate drivers” of market growth, the maturity of competitive service offerings and the size of major players are contributing to slower growth rates.
By Jeff Berman · July 31, 2014
Lyon, France-based Norbert Dentressangle, a $5.5 billion global third-party logistics (3PL) services provider focused on global logistics, transport, ocean, and air services, said today it has acquired Des Moines, Iowa-based Jacobson Companies, a value-added warehousing (VAW) company, for $750 million from private equity firm Oak Hill Capital Partners.
By Jeff Berman · July 17, 2014
Cincinnati-based non-asset freight broker and third-party logistics (3PL) services provider Total Quality Logistics (TQL) recently announced it has opened a new sales office in Daphne, Alabama.
By Jeff Berman · July 14, 2014
Despite various factors working against it, United States 2013 third-party logistics (3PL) gross revenue again saw annual gains, up 3.2 percent over 2012 at $146.4 billion, according to data released by supply chain consultancy Armstrong & Associates.
By Patrick Burnson · July 1, 2014
The 25th Annual State of Logistics Report states that revenues for the third-party logistics provider (3PL) sector rose 3.2 percent in 2013, much lower than the 5.9 percent growth the market saw in 2012.
By Patrick Burnson · June 2, 2014
A number of powerful factors are assembling in the 3PL industry today, bringing significant incentive to improve sales strategies and practices through a Customer Relationship Management technology serving the industry.
SPECIAL REPORT
By Patrick Burnson · June 1, 2014
Finding the right third-party logistics provider (3PL) always involves considerable due diligence, contend industry experts. But it may also mean leaving an existing partner for a set of collaborators that can deliver on the promise of a seamless global network.
By Jeff Berman · May 29, 2014
UPS said that this facility is comprised of 6,500 square meters of non-bonded warehouse space and is 19 kilometers from Beijing Capital International Airport and has the capability to serve contract logistics orders with four-hour delivery in the metropolitan Beijing area and next-business-day orders for major cities in China.
By Jeff Berman · May 20, 2014
Third-party logistics (3PL) services providers weathered the harsh impact of the winter weather in the first quarter in solid fashion, according to the 1st Quarter 2014: TIA 3PL Market report released by the Transportation Intermediaries Association this week.
By Patrick Burnson · May 15, 2014
Beyond just export and freight forwarding services, third-party logistics providers (3PLs) in China are now offering pick-and-pack services for direct-to-customer shipments in the U.S. and Europe, observes Rosemary Coates, president of Blue Silk Consulting and author of Rules for Sourcing and Manufacturing in China.

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