BWT Logistics Purchases North Carolina-Based 3PL IET
BWT Logistics is set to acquire Lowell, N.C.-based third-party logistics specialist International Express Trucking for an undisclosed sum.
3PL Warehouse Services Buys Sky Transportation
Third-party logistics specialist Warehouse Services said Sept. 28 it acquired Texas-based Sky Trans Group Holdings for an undisclosed amount.
Freight Brokers Adjust as Market Power Swings to Shippers
Throughout the pandemic-influenced years of 2020 through 2022, third-party logistics providers and freight brokers assuaged shippers by simply locating a truck for their freight.
Logistics Excels in Cincinnati DMA
The Cincinnati region is growing in stature as a leading transportation and logistics hub. According to BE NKY, between 2015 and 2020, the transportation and logistics sector was responsible for more than 85% of all jobs created in the region. This is projected to grow 28% through 2025.
June 1, 2023Sector Rankings Reflect Shifting Freight Market
Freight brokerage, warehousing and dedicated carriage operations saw significant growth in 2022, while rocky international freight demand kept forwarders on the ropes.
A Year of Transition for 3PLs
Third-party logistics providers enjoyed another growth year in 2022, driven by inventory buildup from past supply chain disruptions and decreasing purchased transportation costs.
2023 Top 100 Logistics List Highlights Growth for 3PLs
The largest third-party logistics companies in North America remained in growth mode in 2022 despite an uncertain economic environment and less favorable market conditions.
How 3PLs Are Building More Collaborative Supply Chains
Third-party logistics providers have been adjusting to normalizing market conditions as supply chain disruptions, inventory shortages and surging demand have receded.
3PLs Make Debut on Global Freight 50
While the worst of the global supply chain snarls brought on by the COVID-19 pandemic now appear to be in the rearview mirror, it’s still not business as usual for international freight.
Flexibility Key to Addressing Supply Chain Delays, 3PLs Say
SAN DIEGO — Closer collaboration and a willingness to find different ways to move freight are among the ways that third-party logistics providers have been navigating the supply chain disruptions, delays and scarce capacity that have characterized the past two years.