Third-party logistics providers (3PLs) took advantage of 2021’s roaring rate environment to expand their net revenue, with rapid growth among the largest forwarders further compounded by merger and acquisition activity.
Transplace news and analysis. Get the latest news about Transplace and international logistics industry.
Fourth-Quarter Trucking Report: Building Drayage Resilience
Nov 10, 2022 2:00PM EST
22 Mar 2022
Already elevated fuel prices are increasing across freight transport modes in the wake of oil market volatility related to Russia's invasion of Ukraine, shifting shippers' focus back to costs after two years in which speed of delivery has been paramount.
16 Nov 2021
Third-party logistics providers (3PLs) are diversifying, acquiring and mixing services, as supply chain disruption pushes more shippers toward aggregators of capacity and capabilities.
12 Oct 2021
The third-party logistics market is being reshaped in a crucible of ongoing supply chain disruption and technology, Transplace CEO Frank McGuigan told the JOC Inland Distribution webcast.
22 Jul 2021
The acquisition of third-party logistics provider Transplace will transform Uber Freight, providing greater access to shippers, as it builds a “fully-scaled” logistics platform.
03 Feb 2021
Fewer trucking companies are responding to shipper bids, as contract truckload pricing rises by high single-digit percentage rates, Transplace executives said Tuesday.
18 Dec 2020
A weekly service will carry 53-foot domestic intermodal containers between Tampa and Brownsville, Texas, for cross-border shipments between the United States and Mexico.
14 Oct 2020
The long run-up in spot market truckload rates and truck freight demand may be reaching its peak, but don’t expect a quick descent, speakers at the Transplace Shipper Symposium said Wednesday.
01 Sep 2020
Third-party logistics provider Transplace looks to expand its shipper customer base through the acquisition of LeanCor, a supply-chain company focused on lean manufacturing.
02 Jul 2020
Transplace has begun providing managed transportation-like services to customers that have their own transportation management system but want to be able to benchmark against the data of the $11 billion of freight the 3PL manages.
02 Jun 2020
The acquisition of ScanData gives Transplace broader supply chain reach as the COVID-19 pandemic accelerates e-commerce demand.
14 May 2019
Shippers shouldn’t be worried about large carriers shutting down, but smaller trucking firms are vulnerable as the freight market softens.
08 May 2019
The Dallas-based third-party logistics provider is looking to expand beyond North America as shippers seek a more global view of their supply chains.
08 May 2019
Truck registrations are surging, but shippers are getting better at their game, creating new capacity through efficiencies, speakers say at the Transplace Shipper Symposium.
10 Oct 2018
Transplace CEO Frank McGuigan sees more rate hikes but also more lane-specific ‘minibids’ ahead, and he urges shippers to work together and deploy this new tactic to unlock capacity.
08 Oct 2018
Transplace, with headquarters in Frisco, Texas, near Dallas, has been growing rapidly in recent years and expects to move $8 billion through its network this year.
10 May 2018
Logistics executives came to the Transplace Shipper Symposium this week hungry for solutions to what seem to be intractable problems of tight capacity and rising prices. They received more than a few from Transplace CEO Frank McGuigan.
27 Dec 2017
If the word for the 1960s was “plastic,” the phrase for the current era may very well turn out to be “third-party logistics provider.”
21 Aug 2017
US and Mexican Customs officials at a KCS-built facility will work to speed growing cross-border rail traffic at Laredo.
14 Aug 2017
Private equity firm Transplace management to buy company as shippers increasingly demand not just technology, but also realizing the value of that technology.
25 Apr 2017
More shippers are putting freight lanes up for bid, Covenant Transportation Group executives say.
03 Mar 2017
USAT Logistics, the non-asset arm of USA Truck, opens a Mexican subsidiary.
13 Feb 2017
The economic impact of a challenge to Mexican trucking in the United States is small, but the debate could fuel a growing trade dispute.
28 Nov 2016
Third-party logistics provider Transplace is making further inroads into Canada after acquiring Lakeside Logistics.
27 May 2016
An increase in Asian freight shipped straight to Mexico means fewer trucks heading south from the U.S., tighter capacity for northbound shipments.
10 Nov 2015
Logistics operators at the U.S.-Mexican border are handling more transloaded truck freight, as rising volumes clash with the weak peso and imbalanced capacity.
17 Sep 2015
The third-party logistics provider Transplace has acquired M33 Integrated for an undisclosed sum, the latest acquisition taking the industry by storm and one that will beef up the Texas-based company’s chemical handling capabilities.
01 Sep 2015
Transplace has appointed Brian Kenney, a long-time logistics industry executive, as senior vice president of Transplace Capacity Services.
13 Jan 2015
Giving Mexican carriers U.S. authority may not solve the chronic equipment imbalance and capacity problems at the U.S.-Mexican border, a logistics official says.
08 Dec 2014
Transplace is expanding in Western Canada and Quebec as U.S.-Canada cross-border traffic speeds up, along with the U.S. and Canadian economies.
17 Nov 2014
Transplace is deploying technology that helps shippers get goods across the U.S.-Mexican border more quickly, cutting truck transit times by improving the customs process.
06 Nov 2014
Logistics provider Transplace is building up its chemical business by acquiring Logistics Management Solutions, a 3PL with a strong chemicals customer base.
21 Oct 2014
The book is closed on a three-year cross-border trucking pilot project, but the debate over cross-border trucking with Mexico is far from finished.
16 Oct 2014
Truck capacity is tightening along the U.S.-Mexican border, forcing cross-border shippers to become more innovative, says Sonney Jones, a former shipper and now director of sales in Mexico for Transplace.
24 Jul 2014
As trucking companies strive to improve efficiency and streamline operations, shippers that actively help motor carriers improve productivity and profitability are the most desirable business partners, according to a new survey by Transplace.
02 Jun 2014
The normal excess of northbound versus southbound truck freight between Mexico and the U.S. is being exacerbated this year because of a high volume of northbound Mexican agricultural goods that is replacing produce normally shipped from California but lost due to the massive drought.
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