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FedEx acquired third party logistics company Genco, expanding the company’s portfolio to include reverse logistics which deals with the processing of returns for retailers.
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The third-party logistics provider C.H. Robinson Worldwide Inc. has reached an agreement to acquire Freightquote.com Inc. for $365 million in cash.
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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.
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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.
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A strategic alliance between Trimble Navigation Limited and 3GTMS Inc. will help TMW customers manage complex 3PL challenges.
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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.
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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.
Read More →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.
Read More →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.
Read More →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.
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