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Filed in 3PL

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.

Friday, March 29, 2013

Annual growth for the third-party logistics (3PL) market in 2013 is expected to be north of 6 percent, with much of current market activity centered around mergers and acquisitions, with many of the same underlying market fundamentals of 2012 still intact, according to Evan Armstrong, president of Armstrong & Associates.
Posted on 03/29 at 08:41 AM
News3PLArmstrong & AssociatesLogisticsPermalink


Thursday, March 21, 2013

Established in 2010, Open Mile is a non-asset based transportation service provider, focusing on truckload brokerage, that provides high-tech automation with freight management expertise, according to Echo officials.
Posted on 03/21 at 09:27 AM
News3PLTruckloadEcho Global LogisticsbrokeragesPermalink


Monday, March 18, 2013

Global third-party logistics (3PL) services provider MIQ Logistics announced earlier this month that it has opened a Laredo, Texas-based facility which it said will focus on serving shippers’ cross-border supply chain needs.
Posted on 03/18 at 10:20 AM
News3PLMIQ Logisticscross-borderPermalink


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
News3PLLTLVitran CorporationPermalink


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
News3PLXPO LogisticsPermalink


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.
Posted on 02/12 at 12:03 PM
News3PLAir FreightAir CargoXPO LogisticsExpeditedPermalink



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