Remove Logistics Remove Memphis Remove Procurement Solutions Remove Transportation
article thumbnail

This Week in Logistics News (January 8 – 14)

Logistics Viewpoints

And now on to this week’s logistics news. billion investment in electric vehicles and new software over the next four years in an effort to shift away from internal combustion engines. For FedEx and Walmart, the purchases from BrightDrop are a combination of savings and sustainability.

article thumbnail

Hub Group acquires Exel Transportation Services

Supply Chain Network

(NASDAQ: HUBG), one of the nation’s leading freight transportation management companies, announced today that it purchased Exel Transportation Services (ETS) for $83 million before post closing adjustments. ETS is now a wholly-owned subsidiary of Hub Group, operating independently under the name Mode Transportation.

Groups 84
article thumbnail

Top 25 3PL warehousing companies in 2020 (by revenue)

6 River Systems

Third-party logistics companies ( 3PLs ) specialize in distribution, warehousing and fulfillment services. The core competency of these companies is logistics , and they do it well. Even Amazon used third-party logistics companies when the company first started, until reaching sufficient scale to have a logistics arm of its own.