Third party logistics

Nearshoring conversation is shifting the role of 3PLs

Nearshoring, the process of shifting all or part of operations from one of greater distance closer to home, has been a topic of discussion over the years by many companies – particularly in the U.S. regarding Mexico. However, due to evolving circumstances and changes in the economy and other factors, this action has been frequently dismissed over time. Since the pandemic, many more companies have started this conversation again and are turning to qualified third-party logistics partners that...

https://www.freightwaves.com/news/nearshoring-conversation-is-shifting-the-role-of-3pls

Commentary: How in-house fulfillment can spell trouble for e-commerce businesses

The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.

In-house fulfillment is a natural fact of life for most startups and early e-commerce businesses. Initial sales can be packed in a garage, but one viral hit or a typical peak season can quickly lead to scale issues. Businesses can avoid surprises that lead to delayed orders and stockouts by outsourcing fulfillment to companies that guarantee speed, accuracy, and...

https://www.freightwaves.com/news/commentary-how-in-house-fulfillment-can-spell-trouble-for-e-commerce-businesses

The GXO story begins to take shape

When you are a trailblazer, it can be difficult to quantify success. But for GXO Logistics, its first quarter earnings as a standalone company represented a good first step.

But it is just that, a first step.

“There is category creation taking place. There is nothing like this in the market today,” Mark Manduca, chief investment officer for GXO, told Modern Shipper following the Q3 announcement on Nov. 1, before rattling off what GXO is trying to accomplish. He cited a business with technology at...

https://www.freightwaves.com/news/the-gxo-story-begins-to-take-shape

Advanced Handling Systems’ e-commerce, 3PL shippers have new robotic options

Advanced Handling Systems’ (AHS) third-party logistics and e-commerce warehouse customers can now choose to deploy robotic solutions from Berkshire Grey for their facilities.

AHS, which integrates fulfillment and distribution solutions and counts many Fortune 100, e-commerce and 3PL companies among its clients, said Berkshire Grey’s (NASDAQ: BGRY) artificial intelligence-enabled automation will help its clients address labor shortages and logistics challenges that are threatening the supply...

https://www.freightwaves.com/news/advanced-handling-systems-e-commerce-3pl-shippers-have-new-robotic-options

Radiant Logistics posts record FQ4 results

Radiant looking at acquisitions again

Third-party logistics provider Radiant Logistics announced record results Thursday after the market close. The Renton, Washington-based company reported adjusted earnings per share of 20 cents, 2 cents higher year-over-year but a penny light of consensus, for its fiscal fourth quarter ended June 30.

On a call with analysts, management said demand has returned in all of the verticals it serves except for the cruise line industry. Pressed about the emergence of the delta variant and a recent...

https://www.freightwaves.com/news/radiant-logistics-posts-record-fq4-results

Radiant Logistics posts record results, focuses on buybacks and M&A

Radiant Logistics sees strength across all offerings

Third-party logistics provider Radiant Logistics (NYSE: RLGT) noted strength across all of its transportation offerings on a call with analysts and investors Monday. Management said the brick-and-mortar retail segment continues to improve and that the company is even seeing some bookings for events and trade shows.

The Bellevue, Washington-based company reported record fiscal third-quarter adjusted net income of $9.1 million, or 18 cents per share, for the period ended March 31. The result was...

https://s29755.pcdn.co/news/radiant-logistics-posts-record-fq3-focuses-on-buybacks-and-ma

FreightWaves Haul of Fame: Hill Brothers shows power of family

A Hill Brothers Transportation truck then and now. (Photo: Hill Brothers Transportation)

Hill Brothers Transportation

The four Hill brothers founded Hill Brothers in Omaha, Nebraska in 1986. Pete, Al, Pat and Jim came from a family that had been in trucking and they spent their youth working on the docks, washing and hanging meat hooks, and refueling trucks. After college, the brothers took over the business from their family, and changed the name to Hill Brothers. At the time, the business had about 50 trucks, a good reputation in the meat industry and with dry goods shippers.

Today...

https://www.freightwaves.com/news/freightwaves-haul-of-fame-hill-brothers-shows-power-of-family

3PL Summit: How to differentiate logistics providers

CEO Lee Salz talks about 3PL sales differentiation.

This fireside chat recap is from FreightWaves’ 3PL Summit. 

FIRESIDE CHAT TOPIC: How 3PLs can differentiate themselves

DETAILS: Creating differentiation for your 3PL is the key to success and growth. How do you achieve differentiation when your services are almost identical to thousands of others? Most of the time it’s not what you sell but how you sell and position your services that creates the differentiation needed to thrive in freight sales.

SPEAKER: Lee Salz, author of “Sales...

https://www.freightwaves.com/news/3pl-summit-how-to-differentiate-logistics-providers

FreightWaves Haul of Fame: Longistics International, LLC

A Longistics tractor-trailer on the way to deliver a load. (Photo: Jim Allen/FreightWaves)

Longistics was founded by Duane and Pat Long in 1984, but their love affair with the industry began several years before. In May 1977, the two attended National Transportation Week. They met at the conference and fell in love with each other and the trucking industry simultaneously. 

Duane Long is the co-founder and Chairman of the company, which is a full-service provider of global logistics solutions headquartered in Raleigh, North Carolina. Longistics provides trucking, warehousing and...

https://s29755.pcdn.co/news/freightwaves-haul-of-fame-longistics-international-llc

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