3PL

Second quarter results for transportation and logistics services provider Con-way Inc. were a bit of a mixed bag, according to the company’s earnings announcement today.

Earlier today, ATC Corporation, a provider of logistics and remanufacturing services for the high-tech and automotive industries, said it has entered into a definitive agreement and plan of merger pursuant to be acquired by third-party logistics (3PL) services provider Genco Distribution System Inc, for $512.6 million.

While the economy shows some signs of improvement, increased volatility for 3PLs is likely to continue to present a challenge in the form of an increasing span of responsibilities and tasks for global supply chains, according to a DB Schenker executive.

Trucking tonnage saw its first decline since February, with the American Trucking Associations (ATA) reporting today that its advance seasonally adjusted (SA) For-Hire Truck Tonnage Index slipped 0.6 percent in May.

At this week’s eyefortransport 3PL Summit in Atlanta, LM Group News Editor Jeff Berman conducted an on-stage interview with Leo Suggs, Chairman of the Board and CEO of Greatwide Logistics.

Two leading supply chain consulting firms announced this week they have launched a multi-year marketing and co-branding partnership to provide third-party logistics (3PL) services providers with various benchmarking capabilities.

Cherry Hill, New Jersey-based NFI, an asset-based third-party logistics (3PL) services provider, announced this week it has acquired IPD, a global transportation and logistics services provider based in Mississauga, Canada.

Prior to the release of the 21st annual State of Logistics report by the Council of Supply Chain Management Professionals (CSCMP) at the National Press Club last week, Penske Logistics gave LM an exclusive interview on some of the details. As the principal sponsor of the report, Penske also had some industry insider intelligence to share on the impact made by the two-year recession first felt in 2007.

While the ubiquitous social networking tool Twitter has been used by myriad shippers, carriers, and industry associations, freight transportation services provider Con-way has taken an entirely different approach in terms of gaining new business via the “Twit-a-sphere.”

According to our 2010 Software User Survey, nearly half of all logistics operations using a WMS are looking to upgrade over the next 12 months. Our technology correspondent explains why and then introduces us to a shipper that’s on the brink of revolutionizing its warehouse operations.