3PL News Updates

Business, Logistics

LTL Sector Enjoys Fruitful 2017

Indications are that the truckload market is bouncing back from some rough conditions earlier this year, according to industry analysts at Stifel, Nicolaus & Co.

September 12, 2017
Business

Two Equity Firms Close to Deal for 3PL Transplace

Two private equity firms are close to a deal that will transfer ownership of third-party logistics provider Transplace, probably by the end of September.

August 16, 2017
Business, Logistics

TPG Capital to Acquire 3PL Firm Transplace

TPG Capital, a global private equity platform, has agreed to acquire Transplace, a provider of transportation management and other third-party logistics services.

August 14, 2017
Business

Kuehne + Nagel Purchases Commodity Forwarders

Kuehne + Nagel Inc. has purchased Commodity Forwarders Inc., an airfreight forwarder of perishable goods in the United States.

July 21, 2017
Business, Logistics

Coyote Logistics to Open Atlanta Office, Add 325 Jobs

Coyote Logistics will open a 48,000-square-foot office in northeast Atlanta and create 325 jobs, spending more than $6 million.

July 21, 2017
Business

Quarterly Profits Decline for 3PLs as Competition Puts Pressure on Rates

Third-party logistics providers reported profits that either fell or vanished in the first quarter even though revenue was on the rise, the companies said.

May 1, 2017
Business

SmartWay Seeks to Involve Additional Shippers, 3PLs

ORLANDO, Fla. — Greater involvement from shippers and third-party logistics providers is an important next step for realizing the freight efficiency goals at the heart of the Environmental Protection Agency’s SmartWay Program, an agency representative said. And some are taking a look at the program.

April 17, 2017
Business

3PL Execs Pleased With Market Conditions, But Economist Warns of Possible Recession

LAS VEGAS — Third-party logistics companies generally were positive about business conditions despite tighter margins. However, FTR economist Noël Perry warned executives here at the Transportation Intermediaries Association Capital Ideas Conference & Exhibition that this year won’t be as fruitful as earlier in the decade and that a recession could be looming behind it.

April 17, 2017
Business

Shippers, 3PLs Tout Technology as Key to Better Performance

LAS VEGAS — Technology can save shippers, carriers and third-party logistics companies money and time and improve the relationship between the three critical cogs in the supply chain, according to a panel at the 2017 Transportation Intermediaries Association conference.

April 7, 2017
Business, Technology

How the 3PL Market is Positioned to Meet Shipper's Visibility Demands

View this webinar.

December 7, 2016