Top 50 Third Party Logistics (3PLs) Providers 2024: Not out of the ...
Jun 1, 2024 · Last year proved to be challenging for third-party logistics (3PLs) providers. Transportation rates plummeted, fuel prices skyrocketed, retaining and attracting talent became difficult, warehouse space tightened, rules and regulations increased, competition surged, and the supply chain faced frequent disruptions.
Welcome to Logistics Management
In its fiscal second quarter earnings announcement issued earlier today, Memphis-based global freight transportation and logistics services provider FedEx said that the company’s Board of Directors, following a review of the role of its less-than-truckload (LTL) subsidiary, FedEx Freight, in its portfolio, has elected to make a push to fully separate the …
Top 50 Trucking Companies 2023: Is this normal?
Apr 3, 2023 · This year’s annual listing of the nation’s top 50 trucking companies is a “who’s who” of the best in the industry. Ours is a compilation of the largest in both the truckload and less-than-truckload (LTL) carriers. To grow this big means they’re largely the best in service across the board—safety, service, culture, diversification, innovation, strategy and execution.
2024 Quest for Quality - Logistics Management
41st Annual Quest for Quality Awards: Service stars in the new era of collaboration Which carriers, third-party logistics providers and U.S. ports reached the pinnacle of service excellence during the most complex period in modern history?
Global Logistics: Challenges in our changing world
What a year. The COVID-19 pandemic set in and made a massive impact on global trade and amplified existing logistics challenges around the world; lockdowns triggered rapid growth in e-commerce, putting additional strain on already strained freight networks; and a last-minute Brexit deal was finally reached following a few chaotic weeks at the UK border.
2023 State of Logistics Report: Great logistics reset
Jul 10, 2023 · According to the new “State of Logistics Report,” U.S. business logistics costs soared to $2.3 trillion over the course of 2022, growing 19.6% from 2021 and now representing 9.1% of the nation’s gross domestic product (GDP).
Top 25 Freight Forwarders 2023: Bumps ahead for freight forwarders
Sep 5, 2023 · While all major forwarders benefited roughly equally from the market conditions in 2022, Armstrong & Associates, Inc.(A&A) finds in its 2022 ranking of the Top 25 Global Freight Forwarders by gross logistics revenue that 18 of these forwarders achieved revenue gains.(See chart: A&A’s Top 25 Global Freight Forwarders.)
State of Logistics 2024: Rail/Intermodal
Jul 3, 2024 · According to Ghayad, intermodal traffic spiked in May, maintaining its upward trajectory over several months. “This surge reflects both increased port activity and intensified efforts by railroads to compete in a fiercely competitive market.
2023 Logistics Salary Survey: Strong numbers, high demand
Apr 3, 2023 · Our survey says that 67% of logistics and supply chain professionals are earning more this year than they did in 2022. Here’s how the numbers break down, who’s earning what and what companies are doing to attract and retain logistics and supply chain talent.
State of Logistics 2024: Less than truckload (LTL)
The reshuffling of capacity and market share has begun in earnest in the $56 billion LTL industry. Rivals Estes Express Line, XPO and Saia—which were the leaders in purchasing vast numbers of terminals after Yellow went bankrupt last August, opened those terminals in March. Many more sites that were converted from