°®¶¹´«Ã½

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.

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.

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.

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.

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.