Third party Logistics company
Third Party Logistics Posts
Non asset-based 3PL XPO Logistics said yesterday it formally completed its acquisition of New Breed Logistics, a non asset-based 3PL focusing on contract logistics services, for roughly $615 million. (September 03, 2014)
The continued evolution of “digital supply networks” depends on just how well shippers and their third-party logistics provider partners can work together to take costs out of the system while making improvements in flexibility and speed. Our consulting team offers a high-level blueprint for making it happen. (September 01, 2014)
As third party logistics providers (3PLs) work to ramp up services for their customers, one area of focus is information management services. (September 01, 2014)
Jacobson, a leading contract logistics and transport provider in the US market, will be acquired for $750 million in cash in a deal expected to close in mid-September. (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. (August 13, 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. (August 12, 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. (July 31, 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. (July 17, 2014)
United States 2013 third-party logistics (3PL) gross revenue again saw annual gains, up 3.2% over 2012 at $146.4 billion, according to data released by supply chain consultancy Armstrong & Associates. (July 15, 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. (July 14, 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. (July 01, 2014)
Association notes impressive growth in public refrigerated warehousing and logistics industry. (June 16, 2014)
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