Topic: 3PL

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

Non asset-based third-party logistics services provider Road Runner Transportation Services (RRTS) continued its aggressive rate of acquisitions this week, announcing it has entered into a definitive merger agreement to acquire the outstanding stock of Prime Logistics Corporation for roughly $97.5 million.

Third-party logistics (3PL) services provider Saddle Creek Corp. recently announced it has opened new facilities in Chicago and Jacksonville, Fla. as part of its strategic plan to grow organically and through new business.

Global third-party logistics (3PL) services provider MIQ Logistics announced earlier this month that it has acquired The Logistics Corporation Ltd. (TLC) to augment its service offerings in the United Kingdom and Europe.

Company officials said that Vault unites several existing ODFL business units into an independent operating division comprised of warehousing, business solutions, fleet and warehouse dedicated services and truckload brokerage units.

Global supply chain and logistics services provider CEVA Logistics recently held its first global Supplier Awards ceremony. CEVA said these awards were launched as “part of its relentless quest for excellence” and are designed to recognize “impeccable execution, commitment, and strategic alignment among” its supplier base. LM Group News Editor Jeff Berman interviewed CEVA CEO John Pattullo about these awards and current trends and issues in the global 3PL market.

Non-asset based third party logistics (3PL) and transportation services provider Greatwide Logistics Services recently announced that John P. Tague has been named to succeed Leo Suggs as CEO. Suggs will remain in his role as Greatwide chairman, according to company officials. Tague comes to Greatwide from United Airlines, where he served as president and was responsible for all airline management functions. In eight years at United, he served in various roles, including chief operating officer and chief revenue officer.

According to the report, total dollars billed in the first quarter for all study participants—at roughly $1.8 billion—was up 17.1 percent compared to the first quarter of 2010.

Last week, I told you I was heading to Atlanta soon for the eyefortransport 3PL Summit. Well, I am back now and I can tell you this: it was worth the trip.

Given the uncertain economic environment raising its head in the last few weeks, it looks like now may be a good time to hit the road. And that is exactly what I am doing tomorrow, when I push off to Atlanta for the 9th annual eyefortransport 3PL Summit.

Less than three months after acquiring World Warehouse and Distribution, Cherry Hill, New Jersey-based NFI, an asset-based third-party logistics (3PL) services provider said this week it has brought Maersk subsidiary the Gilbert Company into the fold.

According to all reports, the third-party logistics industry is surging again, but experts agree that growth will reach a plateau in the coming years due to a number of looming economic uncertainties. Here’s an overview of how the market is currently shaping up.

Third-party logistics providers are growing at multiples of Gross Domestic Product, and should be able to sustain this pace through 2011, said a prominent industry analyst.

Global third-party logistics (3PL) services provider CEVA is continuing to increase its presence in the United States. The company announced this week it has relocated its cross-dock operations to a new facility in Otay Mesa, California, which is less than three miles from its previous location.

Supply chain consultancy Armstrong & Associates has introduced a new product designed to provide shippers with a way to share customer relationship experiences about their third-party logistics (3PL) providers.

Global third-party logistics (3PL) services provider Jacobson Companies recently announced it has established a strategic partnership with Rhenus Logistics, a European 3PL.

Menlo Worldwide Logistics LLC, a third-party logistics (3PL) subsidiary of freight transportation services provider Con-way Inc. announced this week it has expanded its relationship with Dana Holding Corporation, a provider of driveline products, power technologies, and genuine service parts for light and heavy manufacturers.

A new report from supply chain consultancy Armstrong & Associates Inc. states that United States-based commercial warehousing revenue will hit $50 billion in 2010. The report notes that combined contract and public warehousing revenues are expected to top 2008 levels by 2 percent after a 2009 decline. And it added that the contract and public warehousing market now represents 45 percent of the entire U.S. warehousing market.

Transplace, a non asset-based, third-party logistics (3PL) provider of transportation management, truck brokerage, and technology-related logistics services, said this week it has expanded its relationship with packaging company Intertape Polymer Group by expanding operations in Mexico and opening a new distribution center in Monterrey, Mexico.