3PL

3PL 2020 Trends: The Year of Tech & Services to Move Shippers Forward

Recently, 3PL Central had the honor of sponsoring the annual state of third-party logistics (3PL) report. The report identified key trends and movements within the industry, and the top 3PL 2020 trends include 3PLs leveraging technology and software as a service (SaaS) models to enable continuous growth. The top 3PL 2020 trends include a major…read …

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Biesterfeld: C.H. Robinson leveraging technology to lean into SMB accounts

On Nov. 13, C.H. Robinson (NASDAQ: CHRW ) unveiled Freightquote by C.H. Robinson, a new web portal offering multimodal transportation solutions to small and medium-sized businesses (SMBs) so they can easily source reliable capacity at a reasonable cost. Freightquote by C.H. Robinson is based on Freightquote, a technology company Robinson acquired in 2015; the product …

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Global logistics company Agility reports over $1.32 billion third quarter revenues

Sulaibiya, Kuwait-based global logistics company Agility (DFM: AGLTY ) has reported 400.70 million Kuwaiti dinars ($1.32 billion) in third quarter revenues for the three months through September. That’s an increase of 1.6% on the corresponding period in 2018. Earnings before interest, tax, depreciation and amortization, or EBITDA, stood at 47.40 million dinars ($155.78 million), a …

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Radiant Logistics’ report ahead of expectations, but peak season likely to disappoint

Third-party logistics and multimodal transportation services provider Radiant Logistics Inc. (NYSE: RLGT ), reported $0.13 in adjusted earnings per share for its fiscal first quarter ended Sept. 30, 2019.  The result was $0.02 per share ahead of consensus expectations and the same period in 2018. However, the Bellevue, Washington-based company cautioned that a normal peak …

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Today’s pickup: Logistics and analytics: A perfect marriage; central casting takes its lumps at UPS.

Good day, Data analytics is made to order for a complex, interdependent industry like logistics, according to a story in CIO Applications. Citing a report, the story said 93% of shippers and 98% of third-party logistics (3PL) firms consider data analytics a critical tool to enable intelligent decisions. Analytics “is one of the most effective …

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Transplace announces payment processing enhancements

Transplace announced on October 8 further improvements in its payment processing platform through its ongoing collaboration with TriumphPay and Bank of America. The Dallas-based transportation management services and logistics technology solutions provider said that continued progress is being made in improving speed, security and accuracy of payment processing on its platform. From the press release, …

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Sunset Transportation expands with new cross-border facilities in Laredo

Sunset Transportation, a St. Louis-based third-party logistics (3PL) provider, recently opened a new customs brokerage office and warehouse facility at the U.S.-Mexico border in Laredo, Texas. The new Laredo branch office will service the Mexico market with cross-border logistics solutions, Mexico and U.S. customs clearance, warehousing and transloading access. “We now have the capability to …

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Mike Meier joins BlueGrace Logistics as SVP of Strategy

Last week Mike Meier, a 17-year veteran of C.H. Robinson (NASDAQ: CHRW ) and financial consultant with experience in third-party logistics industry joined Tampa-based BlueGrace Logistics as its new senior vice president of strategy. Meier will be working directly with chief executive officer Bobby Harris to build out a team of analytics professionals with a …

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Redwood Games raise $130,000 for juvenile diabetes research

Last Thursday, August 8, Redwood Logistics held its seventh annual Redwood Games, a competition between teams of Redwood employees, at Montrose Beach just north of Chicago. Redwood Logistics is a large freight brokerage and managed transportation provider based in Chicago with over $1 billion in freight under management. Each year, a different charity is selected …

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eBay partners with third-party logistics on fulfillment

E-commerce retailer eBay (NASDAQ: EBAY ) announced on July 24 that it would launch an end-to-end fulfillment service called Managed Delivery in 2020. The move is intended to drive uniformity and improvements in service levels across eBay’s network of third-party sellers and bring it into closer competition with Amazon (NASDAQ: AMZN ), which has made …

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