New studies show that while progress is being made by third-party logistics providers to meet shippers’ desire for increased visibility of shipments, greater automation and faster response to supply chain disruptions, major gaps still exist in how technology is used and the extent to which shippers and 3PLs collaborate with transportation service providers to extract benefits from data analysis.
September 27, 20173PL News Updates
Explore the latest third-party logistics news with Transport Topics, your trusted source for in-depth coverage of the 3PL industry. From emerging technologies to market shifts and regulatory updates, our reporting helps logistics professionals stay ahead of the curve. Whether you're managing supply chains or evaluating partners, we deliver timely, actionable insights to support smarter business decisions in a rapidly evolving logistics landscape.
Brokers Move More Truckload Freight in Second Quarter
Freight revenue and volume grew single digits year-over-year in the second quarter, but margins shrunk during the same period because spot market rates were higher than mid-2016, according to the Transportation Intermediaries Association’s quarterly 3PL Market Report.
September 20, 2017OTIF and FSMA: What Shippers Want and How 3PLs Can Deliver
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September 13, 2017LTL 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, 2017Equity Group Buys Majority Stake in Chemical Hauler Odyssey
A private equity group has reached a deal to become the majority owner of Odyssey Logistics & Technology, a third-party logistics company specializing in chemical transportation.
August 30, 2017Two 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, 2017TPG 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, 2017Kuehne + Nagel Purchases Commodity Forwarders
Kuehne + Nagel Inc. has purchased Commodity Forwarders Inc., an airfreight forwarder of perishable goods in the United States.
July 21, 2017Coyote 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, 2017E-Commerce Boom a Boon for 3PLs
While the e-commerce boom has been a disruptor to the traditional brick-and-mortar retail sector, it also has benefited third-party logistics companies that assist online retailers uninterested in holding inventory at their own distribution centers.
July 13, 2017Trending
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