Fleet Management

3PL

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December 1, 2014 - Industry News

C.H. Robinson Purchasing Freightquote.com for $365 Million

Photo: C.H. Robinson Worldwide Facebook page.

The third-party logistics provider C.H. Robinson Worldwide Inc. has reached an agreement to acquire Freightquote.com Inc. for $365 million in cash.

Tags: Intermodal, LTL, Truckload, C.H. Robinson, 3PL, Freightquote.com, Fleets, Mergers & Acquisitions, Brokers

September 23, 2014 - Industry News

Brokers Feel Pinch of Labor Shortage

Robert Voltmann, president and CEO of the Transportation Intermediaries Association, details changes and challenges in the third party logistics and freight brokerage business during TMW Systems’ user conference. Photo: Jim Beach

Brokers and third-party logistics providers are feeling the labor squeeze along with the trucking industry, according to Robert Voltmann, president and CEO of the Transportation Intermediaries Association.

Tags: 3PL, Brokers, Logistics, TMW Systems, Capacity

September 23, 2014 - Industry News

Survey Finds 3PL CEOs Confident About Future Growth in the Industry

The chief executives of third-party logistics providers are confident about the current state and future revenue growth of their companies and regional 3PL industries, according to an annual survey.

Tags: Penske Logistics, Survey, Manufacturing, 3PL, Global

August 19, 2014 - Industry News

Trimble Invests in Shipping Software Provider 3GTMS

A strategic alliance between Trimble Navigation Limited and 3GTMS Inc. will help TMW customers manage complex 3PL challenges.

Tags: Fleet Management, Information Technology, Trimble, 3PL, TMW Systems

July 11, 2014 - Industry News

U.S. 3PL Market Set to Grow 5.2% This Year

U.S. 3PL Market 1996-2014 gross revenues, estimated, in billions of dollars. Credit: Armstrong & Associates

The U.S. third-party logistics market gross revenue grew 3.2% from 2012-2013 and growth will be 5.2% for 2014 as the U.S. economy continues to expand.

Tags: Research, 3PL, Logistics

June 16, 2014 - Industry News

Celadon Logistics to Manage Commercial Vehicle Group’s Supply Chain

Third-party logistics provider, Celadon Logistics, will provide transportation management services to North American operations of the Commercial Vehicle, a supplier of cab related products and systems for the commercial vehicle market, including the heavy-duty trucks.

Tags: 3PL, Commercial Vehicle Group, Celadon Group, Fleets

February 6, 2014 - Industry News

C.H. Robinson to Focus Less on Truckload

Third party logistics provider and freight brokerage operation C. H. Robinson Worldwide says it plans to change its focus following its release of fourth quarter earnings.

Tags: 3PL, Intermodal, Fleets, Earnings, C.H. Robinson

December 11, 2013 - Industry News

Landstar Selling Supply Chain Business to XPO Logistics

Logistics and freight brokerage services provider XPO Logistics will buy the Michigan-based supply chain business of Florida-based Landstar System, including NLM, a provider of web-based expedited transportation management in North America, for $87 million.

Tags: Landstar, Fleets, Logistics, 3PL, Information Technology

December 2, 2013 - Industry News

LTL Freight Source Rebrands to Global Freight Source

Fueled by a growth rate of 665% over the past three years, LTL Freight Services, Milwaukee, is rebranding itself as Global Freight Source as it focuses on becoming a single-source provider of shipping logistics.

Tags: 3PL, Logistics, Fleets

October 22, 2013 - Industry News

RedStone Logistics Launches Logistics Resource Group Subsidiary

ORLANDO -- RedStone Logistics, a third-party logistics company specializing in logistics management services, announced the public launch of a wholly owned subsidiary, Logistics Resource Group.

Tags: 3PL, ATA2013, LRG, RedStone Logistics

October 21, 2013 - Industry News

Survey Finds Third-Party Logistics CEOs Project Growth Amidst Slow Economy

The 20th Annual Survey of Third-Party Logistics Provider CEOs, sponsored by Penske Logistics, revealed that despite a slow economy, North American CEOs have their sights set on growth, expecting their companies to increase revenues by an average of 14.6% over the next three years.

Tags: Leadership, 3PL, Nearshoring

July 15, 2013 - Industry News

XPO Logistics to Acquire Logistics Provider 3PD

Connecticut-based XPO Logistics has entered into an agreement to acquire 3PD in a transaction valued at approximately $365 million.

Tags: Fleets, 3PL, Mergers & Acquisitions

June 19, 2013 - Industry News

Logistics Report: Get Used to the ‘New Normal’ of Slow Growth

Considering the implosion that occurred in the wake of the go-go years before 2007, the current condition of slow economic growth has a certain appeal, according to the author of a new State of Logistics Report.

Tags: Economy, Logistics, 3PL

May 28, 2013 - Industry News

New Equity Partner for Transplace

Third-party logistics company Transplace has selected the New York-based private investment firm Greenbriar Equity Group as its new equity partner. Greenbriar acquired Transplace from an affiliate of CI Capital Partners, who joined with Transplace management in 2009 to buy the company from its original owners.

Tags: Transplace, 3PL, Mergers & Acquisitions

December 11, 2012 - Industry News

Access America to Add 550 Jobs in Tennessee

Access America Transport will expand its Chattanooga and Knoxville, Tenn., facilities and create 550 jobs during a five year period - 450 additional jobs at the Chattanooga facility and 100 additional jobs at the Knoxville facility

Tags: Fleets, Access America, Tennessee, 3PL

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