Top 50 3PLs

Buoyed by the growth of the US domestic transportation management, the revenue of the 50 largest logistics companies increased 10.3 percent to $253 billion in 2017, according to Pittsburgh-based reseach and consulting firm SJ Consultng — good for a 10.2 percent growth rate. Further given the streghening global economy in late 2017/early 2018, analysts expect 2018 to be another year of substantial growth.

Buzz word / key phrase for 2018: "Adapt or else." 

Beyond that, the buzz words / key phrase for the sector is, “Adapt or else.” Consulting firm and anayst Armstrong & Associates noted that the rapid expansion of e-commerce will continue in 2018, as will the focus on supply chain visibility. Also, complete, integrated services are becoming paramount fo 3PLs, which are working to establish visibility in into all locations. “Simultaneously, from the customer side there’s is a need to be timely. They are placing much more emphasis on proper timing,” Armstrong said, as is integrating all services so that customers have one contact person. That’s the future, Armstrong noted.

 

Special Coverage

Industrial Terminals Houston.
Oaktree, primary shareholder of now-insolvent Hansa Heavy Lift, in January became a key partner with Kansas-based transportation provider Watco Companies.

News & Analysis

A Union Pacific rail yard.
23 Jan 2019
The gridlock is another example of how a small piece of equipment can cause havoc to the supply chain.
Port of Oakland.
23 Jan 2019
Shippers are starting to see the beginning of the pipeline of value-added services, but the rollout won’t make a splash like the deployment of a mega-ship.
Pecem port, Brazil.
23 Jan 2019
A new weekly container feeder service, launched by Aliança Navegação e Logistica in December, is attracting shippers in northern Brazil looking for a new connection to the port of Pecem’s international and coastal services.
Trans-Pacific shippers' 2019 outlook
23 Jan 2019
The annual survey of shipper views on the most important issues in the trans-Pacific trade.
BBC Chartering MPV/HL.
23 Jan 2019
Toepfer’s index consists of an average of six-month to 12-month time charter rates per day for 12,500 deadweight-ton multipurpose and heavy-lift F-type vessels.
A truck travels in California, United States.
23 Jan 2019
The hefty capital injection for NEXT, announced Wednesday, places it among the biggest individual raisers of capital in the most recent wave of logistics technology startups.

Commentary

Throwing more money at infrastructure, additional assets, and increasing freight rates won’t solve one of the industry’s biggest cost factors - the management of empty containers. There’s a better way.

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