Top Story in Third Party Logistics
The trend set over the past few years for mergers and acquisitions has hardly subsided, and a fresh injection of equity investment is transforming the marketplace, at the same time, shippers may expect to see 3PLs continue to purchase high-tech “solutions” and hire young professionals for implementation.
Third Party Logistics Posts
By leveraging the functionalities of a feature-rich, user-friendly TMS, companies can not only reduce their freight spend, but can also improve service levels, streamline their logistics functions and gain more control over their end-to-end supply chains. (June 05, 2017)
Winners Revealed at Gartner Supply Chain Executive Conference in Phoenix, AZ, Unilever Retains the Top Spot in Rankings as Amazon Joins the "Masters." (May 30, 2017)
A new report from supply chain consultancy Armstrong & Associates stated that 90% of Domestic Fortune 500 companies rely on third-party logistics (3PL) providers for outsourced logistics and supply chain services. (May 24, 2017)
CIS said this is the company’s thirteenth U.S.-based location, adding that it will provide the company with a physical presence on the Northern U.S. border. (April 06, 2017)
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 2016 ended up in the freight transportation and logistics sectors and various related topics. (March 22, 2017)
Fourth quarter revenue headed up ten percent annually to $3.68 billion. And net income came in at $27.3 million, or $0.22 per share, which was well ahead of a net loss of $62.8 million, or a loss of $0.58 per share, for the same period a year ago. (February 23, 2017)
Last fall, I was scheduled to serve as a moderator for an industry conference. I always like playing this part, as it is a great networking tool, and I usually learn a bunch of stuff, all while getting some good branding in for Logistics Management.
(February 07, 2017)
It's common in any TMS implementation: You don't know what you need until you’re well into it. (January 12, 2017)
While many stories focused on the holiday season with a logistics slant tend to focus on things like delivery methods and the e-commerce supply chain, a recent collaboration between third-party logistics and freight transportation services provider XPO logistics and arts and crafts retail chain Michaels Stores has a bit of a different approach.
(December 15, 2016)
The public warehousing market continued to chart steady gains amid ongoing consolidation in 2016. (December 14, 2016)
Some of the things in common for large 3PL deals include the massive scale, scope, pairing and meshing of service offerings, access into different vertical markets and geographies, not to mention the massive price tags, too. (December 12, 2016)
For both the global and North American lists, combined space under management is up more than 8.1%, as compared to the previous year's 6% global growth and 4% North American increase. (December 08, 2016)
Total third quarter invoice revenue for all TIA member study participants—at around $2.19 billion—was down 11 percent annually, and total shipments—at 1,272,945—decreased 4.3 percent. The average invoice per shipment of $1,722 fell 7.4 percent, with profit margin percentage up 90 basis points to 15.8 percent. (December 05, 2016)
Taking steps to further expand its presence in Canada, non asset-based third-party logistics (3PL) services provider Transplace said this week it has acquired Oakville, Ontario-based 3PL Lakeside Logistics.
(November 29, 2016)
Technology risk has been shifting from shippers to 3PL providers in 2016, and the trend may gather speed in the coming years, says Evan Armstrong, president of Armstrong & Associates. (November 18, 2016)