Topic: 3PL

Logistics Management Group News Editor recently caught up 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, at last week’s eyefortransport 3PL Summit in Chicago.

Now, more than ever in the transportation and logistics sectors, a healthy amount of merger & acquisition deal activity is taking place. Companies are making acquisitions based on need or getting into a segment of the business they may not already have a presence in through acquisition.

A flurry of major service provider deals captured mainstream headlines in recent months, but the consequence of this activity has yet to be measured by domestic and international shippers. Meanwhile, the EU flounders, Asia remains strong, and emerging nations may represent the next great opportunity for the major 3PL players.

A developing market like China requires an approach that differs from mature markets like Europe and the U.S

Data from supply chain consultancy Armstrong & Associates showed that total global third-party logistics (3PL) gross revenue in 2011 at $133.8 billion in 2011 was up 5.2 percent over 2010.

Logistics Management spoke with CEVA CEO John Pattullo and CFO Reuben McDougall about the company’s quarterly results and industry market trends in the global 3PL sector.

The solar panel maker is reliant on efficient manufacturing practices, but when it came to inbound shipping and distribution across borders, those operations began to suffer as the company grew. Here’s how this progressive shipper partnered with its 3PL to re-engineer its logistics model to save 25 percent on its inbound costs.

Company officials said this $2.2 million facility will be used to fuel the company’s fleet of CNG-powered trucks.

In an ongoing effort to expand its global presence, Dachser USA, a subsidiary of Global 3PL Dachser, said this week that Dachser has begun construction on a new branch office in Zevenaar, the Netherlands.

Global third-party logistics (3PL) services provider MIQ Logistics recently announced that it has bolstered its EMEA (Europe, the Middle East and Africa) presence through an initiative centered on providing less-than-container (LCL) consolidation services from Istanbul, Turkey to New York.

Dachser USA has expanded its global network with the addition of branch offices in South Africa located in Johannesburg, Cape Town and Durban.

Global third-party logistics (3PL) services provider MIQ Logistics said earlier this month that it has opened a new logistics center in Tannersville, Pa.

LM Group News Editor Jeff Berman recently spoke with CEVA CEO John Pattullo about the company’s quarterly performance and other industry-related items.

Opening a new facility there makes good business sense because it provides an opportunity to build and expand relationships with customers, and enables Con-way Multimodal to enter the growing southern market

As shippers supply chain needs continue to evolve over time, so do the capabilities of those providing third-party logistics (3javascript:promptTag("link");PL) services. This was a major takeaway of the recently released 2012 Third-Party Logistics Study: The State of Logistics Outsourcing.

Saddle Creek Corp. said this week it has invested in alternative fuel vehicles. These vehicles are comprised of 40 Freightliner natural gas trucks and will be in Saddle Creek’s for-hire fleet, and the company plans to add 40 more early next year.

Third party logistics transportation services provider Exel, a wholly-owned entity Deutsche Post DHL, recently announced it plans to begin construction on a 250,000 square-foot distribution facility in Laredo, Texas.

Entitled the Kerry (Hung Yen) Logistics Center, company officials said this facility, which is located between Hanoi and the port city of Haiphong and provide direct ocean access to international markets, will begin operations in November.

Non asset-based third-party logistics services provider Road Runner Transportation Services (RRTS) said it has officially closed its acquisition of the outstanding stock of Prime Logistics Corporation for roughly $97.5 million.

By continually working to expand its 3PL relationship, this fast-growing manufacturer has been able to concentrate on the bigger picture—expanding into new markets, launching new products, gaining efficiencies in its operations, and reducing manufacturing and labor costs.