The new year is bringing good news to third-party logistics firms as tight capacity sends the rates they charge shippers higher and their spot market business flourishes.
December 27, 2017Business
3PLs Enjoy Solid 4Q Revenues
Third-party logistics firms saw total shipments rise in the fourth quarter of 2017, sending revenue and invoice amount-per shipment values jumping, but not enough to improve profits, according to the 3PL Market Report from the Transportation Intermediaries Association.
April 11, 2018Business
Ryder, Echo Report Record Third-Quarter Revenue
Ryder System Inc. reported record revenue but lower profits in the third quarter of 2017.
October 26, 2017Business
OTIF and FSMA: What Shippers Want and How 3PLs Can Deliver
View this webinar.
September 13, 2017Business
Equity 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, 2017Business, Technology, Equipment
E-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, 2017