Jacobson Companies is being sold by its current owner, Oak Hill Capital Partners, to Norbert Dentressangle, a publicly traded third-party logistics provider based in Lyon, France.
The terms "3PL" and "broker" are often used interchangeably, but they mean quite different things. George Abernathy, president and chief commercial officer of Transplace, explains the distinction, and offers advice on which entity to employ in various situations.
Transportation capacity is tightening up, and carriers can afford to be pickier about which shippers they favor. Ben Cubitt, senior vice president of engineering and consulting with Transplace, offers some tips on how to be that preferred customer.
Third-party logistics provider Landair has developed Guaranteed Value Acceleration (GVA), a new service feature designed to give supply-chain managers greater confidence that outsourcing to a 3PL yields measurable financial, operations or customer-service improvements.
Penske Logistics has joined CargoNet, a national database that aims to prevent cargo theft and improve recovery rates through the sharing of information among theft victims, their business partners and law-enforcement officials.
Spreadsheets and manual processes weren't sufficient to allow the global logistics provider to reconcile inventories within its FTZs. It needed a single platform to provide the necessary integration and visibility.