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Latest trends and best practices in Third Party Logistics technology, software solutions and providers of supply chain planning, operations, shipping and distribution.

3PL Summit Q&A: Doug Waggoner, Chairman and CEO of Echo Global Logistics

Posted 06/25 · 10:46 AM · LM Editorial
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.

Third-Party Logistics Still Gaining Traction, Says Armstong & Associates

Posted 06/15 · 07:55 AM · SCMR Editorial
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.
News3PLSupply ChainLogistics

Armstrong & Associates report points to steady gains in 3PL sector growth

Posted 06/12 · 12:25 PM · MMH Editorial
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.

Armstrong & Associates report points to steady gains in 3PL sector growth

Posted 06/12 · 11:15 AM · LM Editorial
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.”

XPO’s completes acquisition of Norbert Dentressangle SA

Posted 06/09 · 08:34 AM · LM Editorial
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.
News3PLXPO LogisticsXPO

2015 Top 50 3PLs: The party keeps roaring along

Posted 06/01 · 04:00 PM · LM Editorial
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.

SEKO Logistics partners up with Greenbriar Equity Group LLC for future growth plans

Posted 05/13 · 12:00 PM · LM Editorial
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.

Murphy Warehouse Company achieves internationally recognized SQF Certification

Posted 05/07 · 03:48 PM · MMH Editorial
The second of three levels opens the company to new opportunities in a market where minimum requirements are often non-negotiable.

CEVA Logistics posts 4.6 percent first quarter gain in constant currency

Posted 05/06 · 10:47 AM · LM Editorial
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.
News3PLCEVAglobal logistics

XPO reports mixed Q1 earnings, adds Bridge Terminal Transport to portfolio

Posted 05/05 · 09:16 AM · LM Editorial
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.
News3PLXPO Logistics


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