Business, Logistics

Retailers Balance Post-Holiday Returns Between In-Store and 3PL Options

Returns Gunnar Rathbun/AP Images

In November and December, online shoppers surfed their favorite websites and sent holiday gifts to the front doors of homes nationwide. In January, the last-mile supply chain shifts in reverse as Americans return the items they don’t like.

Ari Ashe | Staff Reporter
December 26, 2017
Business, Logistics

Revenues Rise in 3Q for 3PLs as Shipments Jump

The third quarter saw a rise in freight shipments and revenues for logistics brokers compared with the same period a year ago, but profit margins fell 40 basis points due to cost increases in the spot market for trucks, according to the Transportation Intermediaries Association’s quarterly 3PL Market Report.

Burney Simpson | Staff Reporter
December 6, 2017
Business, Logistics

Becker Logistics Buys Savage Logistics

Third-party logistics firm Becker Logistics purchased Savage Logistics, the freight brokerage division of Savage Cos., with the goal of expanding Becker’s geographic reach, building its core product services, and growing annual revenue.

Transport Topics
November 27, 2017
Business, Technology, Logistics, Autonomous, Opinion

Opinion: Emerging Evolution of Freight Brokerage

Freight and logistics always have depended on the human touch, but technology is getting smarter and many brokers wonder if their efforts will become unnecessary.

Brent Hollingsead | Marketing Director, Aljex Software Inc.
November 3, 2017
Business, Logistics

Surveys Continue to Find Gaps in Logistics Technology and Service Capabilities

TT File Photo

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.

Daniel P. Bearth | Transport Topics Senior Features Writer
September 27, 2017
Business, Logistics

Brokers Move More Truckload Freight in Second Quarter

Cowan Logistics brokerage office Cowan Logistics brokerage office (Ari Ashe/Transport Topics)

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.

Ari Ashe | Staff Reporter
September 20, 2017
Business, Logistics

LTL Sector Enjoys Fruitful 2017

Stifel John Larkin Stifel analyst Larkin (Roger W. Gilroy/Ttransport Topics)

Indications are that the truckload market is bouncing back from some rough conditions earlier this year, according to industry analysts at Stifel, Nicolaus & Co.

Ari Ashe | Staff Reporter
September 12, 2017

Two Equity Firms Close to Deal for 3PL Transplace

Transplace HQ TT File Photo

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.

Jonathan S. Reiskin | Associate News Editor
August 16, 2017
Business, Logistics

TPG 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.

Laurie Wiegler | Staff Reporter
August 14, 2017

Kuehne + Nagel Purchases Commodity Forwarders

Truck Kuehne + Nagel International AG

Kuehne + Nagel Inc. has purchased Commodity Forwarders Inc., an airfreight forwarder of perishable goods in the United States.

Transport Topics
July 21, 2017