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Latest trends and best practices in Third Party Logistics technology, software solutions and providers of supply chain planning, operations, shipping and distribution.

Armstrong: Economy ‘limping along’ until next major crisis

Posted 05/23 · 11:44 AM · MMH Editorial
2012 3PL report and predictions show modest growth, little help from Washington.

Armstrong & Associates report cites 6.6 annual gain percent in 2012 3PL revenue

Posted 05/23 · 11:09 AM · LM Editorial
Supply chain consultancy Armstrong & Associates said this week that total United States 2012 third-party logistics (3PL) gross revenue—at $141.8 billion—were up 6 percent over 2011.

CEVA reports 6 percent annual loss in the first quarter

Posted 05/22 · 01:01 PM · LM Editorial
Company officials said that CEVA’s quarterly results were impacted by various factors, including: overall soft global logistics markets; loss of airfreight volume with some business switching to ocean transport; exposure to Eurozone markets; and underperforming Contract Logistics contracts.
News3PLCEVA

With recapitalization efforts complete, CEVA CEO is confident about the future

Posted 05/10 · 06:45 AM · LM Editorial
CEVA CEO Marv Schlanger said that his company's recapitalization will make for a stronger balance sheet for CEVA, which will enable the company to grow faster and better compete in the logistics and supply chain marketplace.
News3PLGlobal LogisticsCEVA

XPO Logistics Q1 revenue is up 156 percent, company acquires Interide Logistics

Posted 05/08 · 12:46 PM · LM Editorial
Non asset-based 3PL XPO Logistics reported first quarter results yesterday and also announced that it acquired Interide Logistics, a freight brokerage business. First quarter revenue for XPO Logistics—at $114.0 million—was up 155.8 percent annually, and gross margin dollars increased 140.0 percent annually to $16.3 million, with gross margin percentage up 14.3 percent.
News3PLXPO Logistics

CEVA completes private exchange offers and recapitalization efforts

Posted 05/02 · 12:37 PM · LM Editorial
CEVA said that it will reduce its consolidated net debt by more than $1.7 billion ($1.3 billion euros) and its annual cash interest expense by more than $170 million ($130 million euros) and also receive a capital infusion of a minimum of $301 million ($230 million euros) for investment in its business plan.
News3PLGlobal LogisticsCEVA

Armstrong & Associates Enters the Executive Recruitment Arena

Posted 04/17 · 04:27 PM · SCMR Editorial
Another indication of resurgence in the third-party logistics (3PL) marketplace surfaced yesterday, as a leading industry consultancy entered the executive recruiting sector.
News3PLGlobalManagementLogistics

Armstrong & Associates enters the executive recruitment sector

Posted 04/17 · 02:29 PM · LM Editorial
Another indication of resurgence in the third-party logistics (3PL) marketplace surfaced yesterday, as a leading industry consultancy entered the executive recruiting sector.
News3PLFreightGlobalLogistics

BDP International expands presence in Colombia

Posted 04/16 · 10:02 AM · LM Editorial
Global third-party logistics (3PL) services provider BDP International recently said it has taken an equity position in Interflex S.A., a Cartategna, Colombia-based international freight forwarder that is a member of BDP’s global network.

CEVA Logistics takes steps to recapitalize balance sheet and raise new capital

Posted 04/04 · 10:19 AM · LM Editorial
CEVA said that through these efforts—and upon completion of the recapitalization—the company will reduce its consolidated net debt by more than $1.5 billion ($1.2 billion euros) and its annual cash interest expense by more than $173 million ($135 million euros) and also receive a capital infusion of a minimum of $264 million ($205 million euros) for investment in its business plan.
News3PLGlobal LogisticsCEVA


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