3PL News Updates

Business

BlueGrace Logistics Gets $225 Million in Minority Investment From Warburg Pincus

Third-party logistics provider BlueGrace Logistics announced private equity firm Warburg Pincus has agreed to a minority investment of $255 million in the firm, including committed capital and direct investment to spur growth and acquisitions.

August 10, 2016
Business

3PLs Must Utilize IT More Effectively to Manage Transportation, Study Says

Shippers that continue to rely on third-party logistics operators, or 3PLs, to manage transportation services are pressing the providers to use information technology more effectively, a new study found.

March 10, 2014