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Market Research Report on Third Party Logistics Market Size, Share,...
2015-07-31 17:55:13| Logistics - Topix.net
The global Third Party Logistics Market is expected to reach USD 925.31 billion by 2020, according to a new study by Grand View Research, Inc. Increased convergence on core competencies by outsourcing secondary business activities such as logistics is expected to drive the 3PL market over the forecast period. Infeasibility in managing geographically dispersed supply chain operations as a result of increased globalization has led to several companies outsourcing their logistics function.
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UPS to buy Coyote Logistics for US$1.8 billion from Warburg Pincus
2015-07-31 17:17:50| Air Courier - Topix.net
REUTERS: United Parcel Service Inc , the world's largest courier company, said it would buy Coyote Logistics from private equity firm Warburg Pincus for US$1.8 billion to expand its full-truckload services. Coyote Logistics, which reported revenue of US$2.1 billion last year, connects customers with truck operators and has a network of more than 35,000 operators in North America, UPS said.
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UPS to buy Coyote Logistics for $1.8 bln from Warburg Pincus
2015-07-31 15:49:17| Trucking - Topix.net
United Parcel Service Inc said it would buy Coyote Logistics from private equity firm Warburg Pincus for $1.8 billion to expand its full-truckload services. The world's largest courier company said on Friday the deal is expected to add to its earnings in 2016.
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Allcargo Logistics Strengthens Top Deck
2015-07-31 13:45:30| Logistics - Topix.net
Allcargo Logistics Ltd, the global leader in integrated logistics listed on NSE and BSE and part of the Avvashya Group, recently announced the expansion of its senior leadership team through the addition of two industry veterans, Mr. Prakash Tulsiani and Mr. Martin Muller. This announcement is in line with Allcargo's strategy to consolidate its leadership team.
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Two Jacksonville companies named top logistics firms in national ranking
2015-07-27 22:19:16| Trucking - Topix.net
Two of Jacksonville's largest companies, Crowley Maritime Corp.'s logistics branch and Landstar System , have been named Top 100 3PL providers by Inbound Logistics magazine. Both were selected from hundreds of candidates, and made the list among 3PL staples such as XPO, J.B. Hunt and Ryder.
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