Following the onset of the global recession in 2008 there were relatively few large –scale acquisitions in the 3PL industry. That has changed dramatically since early 2014. Since that time there have been ten major acquisitions by 3PLs totaling $18 billion.
CEOs across North America, Asia-Pacific and Europe were also asked to project regional industry revenue growth rates for the next three years in each of their regions.
Since FedEx announced the acquisition of GENCO late last year, many supply chain managers may still be seeking answers on the cultural shift and its impact on the 3PL marketplace.
In the annual study and forecast on third-party logistics providers (3PLs) the consultancy Armstrong & Associates note that “big deals” have dominated the last year.
Supply chain quality doesn't happen by accident. It is an ongoing process that requires a comprehensive plan that is intertwined with manufacturing processes and becomes part of an organization's culture. Research from ASQ (American Society for Quality) and the U.S.…
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.
APICS and American Society of Transportation and Logistics (AST&L) announced today that the boards of directors of both organizations have approved an agreement under which AST&L will merge with APICS upon ratification by an AST&L member vote.
A new study, “Understanding Risk Assessment Practices at Manufacturing Companies,” uncovers complex business risks and disruptors facing manufacturers, and a pressing need for the industry to evolve its risk assessment capabilities.
Many Republicans and Democrats avidly support the work of Ex-Im Bank. But this time, a group of Tea Party conservatives and the Heritage Foundation are fighting against reauthorization, citing ideological concerns over government interference in a free market economy.
When the Brazilian government introduced stricter rules regarding the number of hours truck drivers can work, companies had to figure out the best way to respond to changes that added cost to freight transportation networks.
With an eye on further expansion of its e-commerce business and related reverse logistics processes, transportation and logistics bellwether FedEx this week said it has inked an agreement to acquire Pittsburgh-based GENCO, a third-party logistics (3PL) services provider…
Within the next three years, most global companies are expected to take up the massive project of centralizing their shared services and outsourcing operations within a single global business services (GBS) organization.
While the holiday season is known to bring good tidings and cheer to all, it may also come with another thing that is not so pleasant: higher rate freights.
Despite assurances that The International Longshore & Warehouse Union (ILWU) has been negotiating in good faith for a new contract, the ports of Seattle and Tacoma are reporting labor “slowdowns” in recent weeks.
Don’t miss out on the best in supply chain. Get premium
resources and in-depth, comprehensive feature articles written by the industry's top experts – delivered.
