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Joe Lynch and Chris Pickett discuss what’s next for the freight market. Chris is the Chief Operating Officer at Flock Freight , a technology company that is on a mission to solve the US trucking industry’s wasted capacity problem. in Industrial & Systems Engineering from Virginia Tech, an M.Eng.
Chris Pickett is the Lead Market Analyst and Founder of Pickett Research, LLC – an independent market research firm focused exclusively on the dynamics that drive US truckload freight rates. He earned a B.S. in Industrial & Systems Engineering from Virginia Tech, an M.Eng. in Logistics from MIT, and an MBA from Georgia Tech.
bans exports by Oregon freight-forwarder in warning shot to industry Container losses fall to record low Warehouse wages rise to average of $18.99 An Oregon freight-forwarder was hit with an export ban in what officials said was a warning to companies to heed restrictions on the shipment of sensitive technologies to countries the U.S.
Today, there are many top 3PL warehousing companies that handle warehousing, fulfillment, logistics and distribution services for companies of all sizes. Many metrics can be used to determine the top 3PL warehousing companies, such as company revenue, the number of warehouses, total warehouse square footage , etc. Kuehne + Nagel Inc.
These highly adaptable organisations were more likely to say they could share data and decisions efficiently and use analytics to cut lead times (+13%) and identify disruptions rapidly (+14%). Further analysis can be found in the free-to-download report, ‘The state of European Supply Chains in 2025 here.
Fewer trucks are going to be available for full truckload, and excess freight will be consolidated into LTL loads. Unfortunately, the continuing uncertainty regarding the economy will push most carriers to continue increasing freight rates , especially spot freight rates.
UPS Broadens Multimodal Express Portfolio with China-Europe Rail Offering. Moving on to other news, UPS announced the addition of a Full Container Load (FCL) rail solution to its China-to-Europe transportation lineup. Combining the rail movement with a truck network, UPS can provide service to customers throughout China and Europe.
Cleo’s solutions empower teams to drive business agility, accelerate onboarding, facilitate the modernization of key business processes, and capture new revenue streams by reimagining and remastering their digital ecosystem through robust application, B2B, and data integration technologies.
The 3PL industry is currently at a juncture where stakeholders are being forced to reconsider the way they do business. The coming few years are likely to be decisive for the future of 3PL. This bodes well for the 3PL industry as a sound economy means higher volumes of shipment. But the picture is not all that bad.
May 2014 Freight Transportation Services Index (TSI). Cass Freight Index June 2014. HighJump WMS provides large and upper mid-market companies including 3PL companies one of the most scalable and adaptable WMS platforms in the market. Turnover at For-Hire Carriers Largely Unchanged During the First Quarter.
October 2014 Freight Transportation Services Index (TSI). Moving on to 3PL news, C.H. Robinson has built a network of more than 50 offices with over 1,000 employees throughout Europe to become one of the leading transportation and logistics companies in the region. Robinson Expands Focus in Dutch Market.
Chuck Intrieri is currently a operations and management consultant focused on third party logistics (3PL) management. His international and strategic sourcing experience includes both Europe and Asia and has garnered him the respect of peers and suppliers alike. Chuck Intrieri Professional Experience. Chuck Intrieri Education.
Europe has seen plenty of activity in terms of mergers and acquisitions, including the take-over of the major French family-owned company Norbert Dentressangle by America’s XPO Logistics. SCM 3PL Subway 2015. The logistics business in Europe is finally improving again. Shipper-3PL relationships. Choose country.
Goods flow to consolidation centers where their 3PL partners scan the parts into a container. SupplyOn is the defacto industry standard for Tier 1 automotive suppliers in Europe. Which ship are the components being shipped on. Which carrier is going to pick up the container and when is that scheduled to happen? The Path Forward.
billion to take on rivals in Europe (Reuters). February 2015 Freight Transportation Services Index (TSI). 3PL Cloud/SaaS Mergers/Acquisitions This Week in News cloud Con-way Truckload FedEx Oracle Pitney Bowes TNT' FedEx to buy TNT for $4.8 Oracle Announces Oracle Retail Cloud Services. Have a happy weekend!
14 | 3PL Subway Map Europe 2015. Europe has seen plenty of activity in terms of mergers and acquisitions, including the take-over of the major French family-owned company Norbert Dentressangle by America’s XPO Logistics. In charge of the new strategy in Europe is Henri-Xavier Benoist. Distribution in China takes a detour.
(Eagan, MN) – North American third-party logistics (3PL) company, Cerasis, in partnership with Pierbridge , a leading transportation management software development company, announces the addition of multi-parcel carrier shipping management to the Cerasis Rater, a web-based transportation management system (TMS). About Pierbridge, Inc.
Chris Pickett is the Lead Market Analyst and Founder of Pickett Research, LLC – an independent market research firm focused exclusively on the dynamics that drive US truckload freight rates. He earned a B.S. in Industrial & Systems Engineering from Virginia Tech, an M.Eng. in Logistics from MIT, and an MBA from Georgia Tech.
During a recent “Logistics New Tomorrow” Blue Yonder Live, I spoke with Roy Bridgland, Senior Industry Strategy Director, and Brad Revell, VP of Logistics Service Providers (LSPs) Industry for Europe, Middle East and Africa (EMEA). Roy: LSP and 3PL are very broad terms. Terence: Roy, please share other relevant topics.
The people on the ground–my contacts in the 3PL, freight forwarding and transportation industry–know that the labor strife is only a part of the larger story. On March 16th-18th, I will be on a book tour in Europe discussing the concepts of Supply Chain Metrics That Matter. It takes 2 to 3 days to unload a ship.
UPS Freight Adds LNG Tractors. Mergers and acquisitions (M&A) activity in the 3PL industry remains hot, with another large deal announced this week: XPO Logistics is acquiring Norbert Dentressangle SA for €3.24 XPO intends to use the acquired operations as a platform to grow its business in Europe. Con-way Inc. billion ($3.53
The report reveals that the majority of shippers worldwide are increasing their use of 3PL services, with 64 percent of respondents reporting a rise. providers in North America, Europe, Asia-Pacific and Latin America, as well as other locations throughout the. The report shows relationships between shippers and 3PLs continue.
DB Schenker Signs on With uShip Online Freight Platform (WSJ – sub. project44 Achieves Groundbreaking Level of Connectivity with 1000+ Freight APIs. Trucker Path Joins AscendTMS™ to Offer Free Transportation Management Software (TMS) to Carriers and Freight Brokers.
The real-time freight visibility space was particularly hot this year, with two major acquisitions completed in recent months ( Descartes acquired MacroPoint and Trimble acquired 10-4 Systems ). Just a few weeks ago, for example, project44 acquired GateHouse Logistics , which expanded the company’s presence in Europe.
Freight Operators Dismiss Threat of Digital Startups (WSJ – sub. Robinson Launches Rail Service, Connecting China and Europe. Robinson launching a trans-Eurasian rail freight service between China and Europe. Walmart’s grocery delivery partnerships with Uber, Lyft fail to take off (Reuters).
warehouses from Chinese merchants selling on its site—taking on a role it previously left to global freight-transportation companies.” The site says it offers end-to-end one-stop ocean freight services. Europe and Japan. Primary delivery destinations include the U.S.,
Providers of real-time freight visibility solutions. Here’s an excerpt from the post I wrote: “The reason real-time freight visibility is a hot topic now is that with today’s technology it’s no longer accepted as a black hole,” said Adelson. “The Simply put, OTIF spells OPPORTUNITY for transportation technology providers.
Contract logistics is a specialized service offered by third-party logistics (3PL) providers to manage supply chain operations on behalf of a company. By doing so, businesses can concentrate on their core competencies while benefiting from the expertise and infrastructure of the 3PL provider.
A new report from the industry association E-commerce Europe found that there was a 15% growth in 2016 and the industry is predicted to be worth €602 billion by the end of 2017. According to Ecommerce Europe, “Western Europe is, by far, the strongest region in terms of B2C e-commerce turnover, holding 63% of the total turnover for 2021.
Transervice Announces Launch of Tech-Based Freight Management Company. Let’s hope the company has better luck in Europe delivering packages on-time next holiday season. INTTRA Collaborates with JDA Software for Streamlined Transportation Management. LoJack SCI and TransVoyant Partner to Deliver Supply Chain Risk Alerting.
August 2015 Freight Transportation Services Index (TSI). More large mergers and acquisitions were announced this week: AB InBev and SABMiller reach $100 billion deal , Dell is buying EMC for $67 billion , and in the 3PL industry, the convergence continues with DSV acquiring UTi Worldwide for $1.35 UPS Sets 2016 Rates.
The comment caught my attention because later that morning I was going to moderate a discussion with Dan Dershem , General Partner at Supply Chain Ventures, about emerging technologies such as blockchain, artificial intelligence and machine learning, autonomous trucks, and digital freight. Digital Freight. Blockchain.
Cargobase Launches World’s First Curated Multi-Freight Mode Marketplace. One of my supply chain and logistics predictions for this year was that software vendors and third-party logistics providers (3PLs) will make it easier for customers to innovate. WiseTech Global acquires US parcel shipping TMS provider, Pierbridge.
DAT Solutions Launches Freight Market Analytics Service. It’s only been a couple of weeks since I wrote that convergence in the 3PL industry is accelerating , pointing to the number of large M&A deals announced in recent weeks, including UPS buying Coyote Logistics and Geodis Group acquiring Ozburn-Hessey Logistics. .
First, understand the difference between 3PL and 4PL in logistics. 3PL and 4PL have been commonly used terms in the industry for a long time, but it is always a good idea to revise the difference between the two. 3PLs focus on various logistical areas and topographical locations. A 4PL often handles the 3PL. What is 4PL?
What palletized freight shippers in Ohio are dealing with on a day-to-day basis is very, very different from shippers in Europe who are shipping pan-Europe across all modes (intermodal, short sea, and across borders), and that’s different from shippers who are dealing with freight movements in places like Brazil where you have to worry about freight (..)
Often shippers that have the most issues in this area serve customers in rural locations or have highly volatile freight volumes. His leadership responsibilities include marketing strategy, execution, and operations oversight for North America, South America, Europe, Asia, India and Australia. www.linkedin.com/in/markderks/.
Winmore is bid and tender collaboration software for freight forwarders and brokers, providing visibility, efficiency, and process automation that helps our LSP customers lower costs and win more of the right bids. [01:26] RFP is the term used in the US, while tender is used in Europe. I am a John Golob, Founder and CMO of Winmore.
CDN simply means consolidation or pooling of competitive freight into one trans ocean container or domestic truckload, so that all members get the benefit of the full container or truckload rate. Chuck specializes in Supply Chain Optimization, Third Party Logistics (3PL) and International Purchasing and Importing Consulting.
His detailed written record paved the way for future traders and merchants traveling between Europe and China. The third-party logistics (3PL) industry — those that help businesses efficiently manage logistics across their supply chains (from 3PLs to truckers to warehouse managers) — represents an $800 billion industry on its own.”
What is 3PL? 3PL is simply short form for third-party logistics. This includes any logistics activities outsourced to another business: warehousing, transportation, cross-docking, inventory management, packaging, and freight forwarding. It might be helpful to think of a 3PL provider as a manager of many 2PL players.
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