3PL

By Jeff Berman · April 3, 2018
Total third quarter invoice revenue for all TIA member study participants—at around $2.8 billion—was up 17% percent annually, and total shipments—at 1,439,237—increased 7.8%. The average invoice per shipment of $1,951 rose 8.5%, with profit margin percentage down 100 basis points to 14.6 percent. Key fourth quarter metrics by mode included:Truckload: shipments up 7% annually at 989,255, with invoice amount per load up 9.7% at $1,679, profit margin per load up 14.5% at $248, and profit margin

By Josh Bond · March 30, 2018
Chattanooga Tennessee-based 3PL Kenco recently hosted a roundtable of supply chain leaders from companies including Coca-Cola, Chevron Technologies, Georgia-Pacific, Kids II, and Sealed Air. The open-ended discussion produced four key themes, outlining a blueprint for companies looking to drive meaningful supply chain innovation.

By Josh Bond · March 28, 2018
Roundtable of industry leaders produces practical – and sometimes counterintuitive – steps to successful supply chain innovation.

By Bob Trebilcock · March 13, 2018
Here’s how one of the world’s largest 3PLs is looking to tomorrow’s innovative technologies, including heads-up display and robotics, to transform its operations today.

By Bob Trebilcock · March 12, 2018
3PL GEODIS is the latest example of how the materials handling industry is adopting robotics.

By Jeff Berman · February 27, 2018
The company said this offering enables customers to focus on exception management through track and trace data in tandem with power machine learning algorithms for its 3PL and freight broker customers to handle real-time load matching.

By Jeff Berman · February 8, 2018
The report reflects data and sentiments from more than 500 contract warehousing operations, nearly 400 contract customers, and 10 public warehousing operations.

By Jeff Berman · February 8, 2018
The report, entitled “First Wave Pick: The Business of Warehousing in North America – 2018, Market Size, Major 3PLs, Benchmarking Costs, Prices and Practices,” was based on information Armstrong collected from more than 500 contract warehousing operations, nearly 400 contract customers, and 10 public warehousing operations.

By Patrick Burnson · January 9, 2018
Managing shipment visibility, coordinating transit and delivery details, and enabling efficient management of administrative activities will be key objectives for both shippers and 3PLs this year.

By MMH Staff · January 8, 2018
4PL and 3PL partner to open the first of five locations slated to open around the United States within the next six months.

By Jeff Berman · December 18, 2017
3PL operators and facility owners are benefiting from a rapidly rising rate of product returns, as many retailers outsource reverse logistics operations to cut costs and gain maximum efficiencies.

SPECIAL REPORT
By Josh Bond · December 14, 2017
The steady growth in square footage among the top third-party logistics (3PL) warehouses belies a fundamental transformation as the market adapts to e-commerce pressures.

By MMH Staff · December 4, 2017
Lineage adds more than 20 million cubic feet of capacity to its network.

By Jeff Berman · October 11, 2017
In 2016, the global third-party logistics market reached $802 billion and is on track to exceed $1.1 trillion in 2022.

By Jeff Berman · October 5, 2017
When assessing the state of the 3PL (third-party logistics) market, it truly does go without saying there is something for everyone, especially in terms of the needed, and varied, services 3PL’s provide on behalf of their shipper customers. And it stands to reason that a premier source of these services comes in the form of the 2018 22nd Annual Third-Party Logistics Study published by Penske Logistics, Infosys Consulting, Penn State University, and Korn Ferry.