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Extensiv’s annual 3PL Warehouse Benchmark Report finds 70% of 3PLs face higher labor costs
October 20, 2023
Report also reveals that 22% face stagnant or declining order volumes, though 3PLs are hitting record cycle times. Overall, 3PLs are balancing tightening cash flow and rising costs while maximizing available capacity.
3PLs saw strong revenue gains in 2022, finds Armstrong report
July 31, 2023
2022 was a "very good growth year" for third-party logistics (3PL) companies, Armstrong & Associates study concludes.
ShipBob adds Amazon’s VP of North America Fulfillment, Melissa Nick, as CSCO
June 27, 2023
As first chief supply chain officer for omnichannel fulfillment network provider, Nick will help steer ShipBob's next chapter of growth. Nick will manage ShipBob's partner network of 50+ fulfillment centers across the United States, Canada, Europe, and Australia.
Prologis acquiring 14 million square feet from Blackstone Industrial Portfolio in $3.1 billion deal
June 27, 2023
Agreement for DC space expands Prologis's presence in key markets including Atlanta, California, Dallas, and Las Vegas. The transaction is currently expected to close by the end of the second quarter.
Logiwa and eHub partner to improve shipping experience
February 1, 2023
Under the partnership, Logiwa’s cloud-based warehouse management platform integrates with eHub’s API to simplify the complexities of the shipping process
Pritzker Private Capital to invest in Kenco Logistics
October 6, 2022
Partnership expected to help family-owned 3PL to advance its growth strategy focused on quality service, innovation and automation, and strategic acquisitions
Demand drives 3PLs to the best growth, M&A year on record
July 14, 2022
New report on 3PL market from Armstrong & Associates (A&A) finds year-over-year 2021 saw the fastest 3PL market growth since A&A began this research 1995.
PLA announces new branding and website
July 6, 2022
Updated brand and website unify PLA family of companies and expanded service capabilities.
GEODIS partners with KNAPP on fulfillment center automation project
June 16, 2022
New collaboration will deploy more than $80 million in advanced automation into two omnichannel fulfillment centers on behalf of a leading retailer, with phase one of the implementation expected to be complete in September of next year. The combined fulfillment centers are expected to move over 270,000 units per day across its total of more than 850,000 square feet of operations.
Made4net acquires Zethcon
June 9, 2022
Zethcon offers cloud-based warehouse management (WMS) software for the third-party logistics (3PL) market, while Made4Net is a global provider of cloud-based supply chain execution and warehouse management system (WMS) software for multiple end markets.
Summit Industrial Park deploys Made4net’s WMS to manage Texas distribution facility
April 28, 2022
WMS manages reusable oil pipeline assets in 50-acre yard in West Texas to drive operational efficiency
Ryder to acquire ecommerce and omnichannel fulfillment provider Whiplash
December 13, 2021
$480 million deal will expand Ryder’s footprint to include Whiplash's 19 dedicated and multi-client warehouses totaling nearly seven million square feet providing access to key port operations and gateway markets.
CMA CGM Group to acquire most of Ingram Micro’s CLS contract logistics business
December 8, 2021
Deal valued at $3 billion touted as accelerating the group's supply chain capabilities in contract logistics and ecommerce expertise
Zethcon launches Managed Integration Services to help high-volume 3PLs scale efficiently
November 17, 2021
Turnkey integration designed to help Synapse WMS customers scale up and capitalize on growth opportunities
iDrive Logistics adds 305,000 sq. ft. to its fulfillment network in Las Vegas, and Ohio
November 15, 2021
Acquisition adds two key fulfillment nodes to iDrive's growing network.