The annual update to the Armstrong and Associates Top 25 Global Freight Forwarders List has been released. Global freight forwarding companies are ranked based on a combination of 2020 gross revenue and freight forwarding volume. DHL, Khune and Nagel, DB Schenker, DSV Panalpina, Sinotrans, Expeditors and Nippon Express continue to dominate the Top 25 Global […]
3PL News and Reviews
Global 3PL Market to Break the Trillion $$ Barrier by 2022
Revenue generated by the global third party logistics (3PL) service providers is forecast to break the trillion dollar barrier by 2022 A recent report published by Armstrong and Associates estimates that the 3PL market will increase from USD 802 billion to a whopping USD 1.1 trillion by 2022. The increase in E-commerce order fulfillment activity […]
3PL Update | Toll Group to cut Jobs in Australia
According to the Herald Sun, the Toll Group, owned by Japan Post, will cut up to 200 management, support and back office staff from its Australian operations. The Australian Financial Review also reported a similar story saying and that Toll Group was targeting job cuts as a result of an earnings slump. This news come on […]
Toll launches pop-up delivery hubs
Toll Group has launched a new consumer-to-consumer parcel delivery service this week with the opening of new pop-up delivery hubs in selected Westfield shopping centres. Just in time for Christmas, this service will help shoppers skip the queues and access competitive pricing for fast domestic parcel deliveries. The pop-up delivery hubs, designed to simulate our […]
CEVA Logistics leases two new sites in Melbourne
As reported on the fullyloaded.com.au website CEVA Logistics has leased two new warehouses in the West Park Industrial Estate in Truganina, Victoria to accommodate its growing business One of the two West Park facilities will be used to manage the newly acquired Toyota contract. CEVA Logsitics is one of the world’s leading non-asset- based supply […]