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Cross-Border 3PL Inks Warehouse Deal In Laredo
Tuesday, January 7, 2020 - 11:22am | 340Third-party logistics provider Source Logistics recently signed a pre-lease agreement to rent the new 423,280-square-foot building No. 2 at the Port Grande logistics facility in Laredo, Texas. The new facility is 10 miles from the U.S.-Mexico border and features a 32-foot ceiling clearance, 120...
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Four Months Comes Down To One Day As Black Friday Tests 3PLs
Tuesday, November 26, 2019 - 2:32pm | 1378This article is brought to you courtesy of NEXT Trucking The holiday shopping season is well underway even before Black Friday, as stores roll out promotions and shoppers look to get a head start on deals. For the logistics industry, this means a shorter period than ever to meet the challenge of...
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TIA President Expects Growth In 3PL Industry
Friday, September 13, 2019 - 4:27pm | 655Transportation Intermediaries Association (TIA) President and CEO Robert Voltmann expects to see technology play a role in the continued growth of the third-party logistics industry (3PL). Voltmann recently sat down with FreightWaves CEO Craig Fuller to discuss the current trends of the $200...
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DHL Supply Chain Becomes First 3PL To Partner With Convoy
Thursday, September 12, 2019 - 9:18am | 192Contract logistics giant DHL Supply Chain said Sept. 11 it has partnered with truck load-matching platform Convoy to access carriers and rates, making it the first third-party logistics provider to collaborate with Convoy. Under the agreement, DHL Supply Chain, a unit of German conglomerate...
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"Fuller Speed Ahead" Spotlights Colombian Nearshoring Benefits
Thursday, September 12, 2019 - 9:07am | 589David Bell, co-founder of Lean Staffing Solutions (LSS) and CEO of Lean Tech IO, believes American companies can benefit from nearshore staffing in Colombia. Bell and Adam Bilzerian, director and investor of LSS and Lean Tech, recently sat down with Craig Fuller to discuss Colombian outsourcing...
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FreightWaves Radio This Week: Parking, Technology And 3PLs
Friday, August 9, 2019 - 10:26am | 262Parking and technology will both be featured on this weekend's edition of FreightWaves Radio on SiriusXM Road Dog Trucking. Co-hosts John Kingston and Timothy Dooner will be joined by Sarah Hernandez, an assistant professor in the engineering school of the University of Arkansas who just...
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Global 3PL Market Size Estimates
Friday, June 14, 2019 - 12:40pm | 55Armstrong & Associates has been calculating these Global Third-Party Logistics (3PL) Market estimates for over a decade. Image sourced from Pixabay
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Key Takeaways From Stifel's 3PL Call With Armstrong & Associates
Monday, June 10, 2019 - 5:37pm | 935The good news is that Evan Armstrong of Armstrong & Associates thinks that U.S. third-party logistics providers' (3PLs) revenues will grow at a 7.7 percent compound annual growth rate (CAGR) over the next five years, and brokers will become more productive as artificial intelligence automates...
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CMA CGM Reshuffles Ceva's Top Management As It Nears Full Control Of 3PL
Monday, April 29, 2019 - 5:28pm | 680French liner giant CMA CGM asserted near-full control over Swiss third-party logistics provider Ceva Logistics today by installing Chairman and CEO Rodolph Saade as CEVA's new chairman and naming Nicholas Sartini, Ceva's chief operating officer and deputy CEO, as its new chief executive,...
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In A Seller's Market For LTL, Shippers And 3PLs Need To Play Nice With Carriers
Wednesday, April 24, 2019 - 3:09pm | 1220Recent shipping trends reflect a slowdown in user demand across the air, rail, maritime and truckload modes of transport. Those trends seem to have passed by the $42 billion per year less-than-truckload (LTL) segment. Carriers have been in control of the market for two years, demand remains...
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Wintrust Bank: The Financiers Of Chicago's High-Growth 3PLs
Thursday, April 18, 2019 - 5:04pm | 813One of the more fascinating aspects of the Transportation Intermediaries Association conference is meeting the wide variety of ancillary service providers who work with third-party logistics providers and freight brokerages and help them unlock high growth. Last week in Orlando, FreightWaves met...
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Transplace's New CTO To Increase Transaction-Processing Bandwidth
Monday, January 28, 2019 - 12:20pm | 1276A leading provider of transportation management and logistics technology is bringing on a new chief technology officer (CTO) to build more transaction-processing bandwidth and capacity on the company's highly automated platform. Transplace announced that Jim French joined the company as its new...
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Redwood Logistics Gains Foothold In Southeast With LTX Solutions Acquisition
Wednesday, January 23, 2019 - 1:24pm | 807Redwood Logistics announced its acquisition of Atlanta-based LTX Solutions today, which will allow the growing logistics company to strengthen its core less-than-truckload business and increase its presence across the Southeast. Redwood, a leading Chicago-based brokerage and third-party logistics...
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Rapid-Fire Pitch: Project44 And The Art Of The Possible
Wednesday, January 2, 2019 - 11:29am | 632Photo: FreightWaves Staff Project44's goal to move the transportation industry off of legacy freight tracking systems gained the attention of one of the world's largest software companies in November when it announced a partnership with Oracle Corporation (NYSE: ORCL). Project44 aims...
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Rapid-Fire Pitch: Digital 3PL Startup Opus9 Looks To Automate Shipping Experience
Sunday, December 30, 2018 - 3:24pm | 719For quite a while now, the trucking industry has been struggling to automate its highly commoditized operations for reducing costs incurred due to redundant human effort. Enter Opus9, a digital 3PL startup that provides automated and digital transportation services for small and medium companies...