3pls

Business

Quarterly Profits Decline for 3PLs as Competition Puts Pressure on Rates

C.H. Robinson Worldwide

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.

Jonathan S. Reiskin and Ari Ashe | Staff Reporters
May 1, 2017
Business

SmartWay Seeks to Involve Additional Shippers, 3PLs

Roger W. Gilroy/TT

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.

Roger Gilroy | Staff Reporter
April 17, 2017
Business

3PL Execs Pleased With Market Conditions, But Economist Warns of Possible Recession

Ari Ashe/TT

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.

Ari Ashe | Staff Reporter
April 17, 2017