DOCSLIB.ORG

Seeking Zen: a Post-Pandemic 3PL Market Latest Third-Party Logistics Market Results and Predictions for 2021 Including Estimates for 190 Countries

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Seeking Zen: a Post-Pandemic 3PL Market Latest Third-Party Logistics Market Results and Predictions for 2021 Including Estimates for 190 Countries Seeking Zen: A Post-Pandemic 3PL Market Latest Third-Party Logistics Market Results and Predictions for 2021 Including Estimates for 190 Countries August 2021 Phone: +1-800-525-3915 Website: www.3PLogistics.com Email: [email protected] ABOUT ARMSTRONG & ASSOCIATES, INC. Armstrong & Associates, Inc. (A&A) was established in 1980 to meet the needs of a newly deregulated domestic transportation market. Since then, through its leading Third-Party Logistics (3PL) market research and history of helping companies outsource logistics functions, A&A has become an internationally recognized key resource for 3PL market information and consulting. A&A’s mission is to have leading proprietary supply chain knowledge and market research not available anywhere else. As proof of our continued work in supporting our mission, A&A’s 3PL market research is frequently cited in media articles, publications, and securities filings by publicly traded 3PLs. In addition, A&A’s email newsletter currently has over 88,000 subscribers globally. A&A’s market research complements its consulting activities by providing continually updated data for analysis. Based upon its unsurpassed knowledge of the 3PL market and the operations of leading 3PLs, A&A has provided strategic planning consulting services to over 30 3PLs, supported 24 closed investment transactions, and provided advice to numerous companies looking to benchmark existing 3PL operations or outsource logistics functions. All Rights Reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form by any means, electronic, mechanical, photocopied, recorded or otherwise, without the prior permission of the publisher, Armstrong & Associates, Inc. The facts of this report are believed to be correct at the time of publication but cannot be guaranteed. Please note that the findings, conclusions and recommendations that Armstrong & Associates delivers will be based on information gathered in good faith from both primary and secondary sources, whose accuracy we are not always in a position to guarantee. As such, Armstrong & Associates can accept no liability whatsoever for actions taken based on any information that may subsequently prove to be incorrect. ©2021 Armstrong & Associates, Inc. U.S. 3PL MARKET COVID, Volatility and the Reopening The volatile 2020 U.S. COVID-driven Third-Party Logistics (3PL) Market created growth opportunities for Third-Party Logistics Providers (3PLs) with strong carrier management, e-commerce, and air freight forwarding capabilities, while other 3PLs did not fare as well. After having a lackluster 2019 when we saw a year-over-year decline in transportation activity as import tariffs took hold, we awoke to a pandemic nightmare in March of 2020 with vast economic shutdowns. In May things began bouncing back as shutdowns were dialed back and the V-shaped recovery took hold. Even with its local and regional economic “spits and spurts”, inventories needed to be replenished, and PPE (Personal Protective Equipment) drove strong air freight demand. There was no time like the present for logistics expertise, and 3PL prevailed as an essential industry. Overall, strong domestic and international transportation demand has continued into 2021 further driving up domestic and international transportation rates. With inventories increasing and COVID case counts waning, demand for 3PL services seems to be becoming more stable and manageable. As we get closer to herd immunity in the COVID battle, and barring any shut downs from variants, we should continue to see increasingly strong demand as more consumers continue to leave quarantine and boost spending. 2021 might be the true start of our generations’ roaring 20’s. Armstrong & Associates’ (A&A’s) current estimates show U.S. 3PL Market gross revenues grew 8.8%, bringing the total U.S. 3PL Market to $231.5 billion. Most of the growth came from international and domestic transportation management which responded to COVID-related demands for PPE and to restock inventories upon economic reopenings. Overall, 2020 was a better year for 3PLs than 2019, which registered the Market’s first decline since 2009, but segment growth was uneven. Figure 1. U.S. 3PL Market 2010 - 2021E (US$ Billions) ©2021 Armstrong & Associates, Inc. 3 U.S. 3PL MARKET Total 3PL segment net revenues (gross revenues less purchased transportation) grew 2.1% to $93.5 billion reflecting gross margin compression due to a volatile carrier sourcing market and transportation management 3PLs spending more to secure hard-to-find carrier capacity. The overall gross margin for all segments declined from 44% to 41%. Table 1. U.S. 3PL Market Growth by Segment Gross Revenue 2020 vs. 2019 1995-2020 Net Revenue 3PL Segment (Turnover) Net Revenue Net Revenue (US$ Billions) (US$ Billions) YOY % CAGR DTM 91.2 13.2 -1.8% 10.5% ITM 70.0 24.6 11.4% 10.8% DCC 20.0 20.0 0.3% 7.3% VAWD 46.7 35.7 -1.1% 10.2% Total* 227.9 93.5 2.1% 9.6% *Total 2020 gross revenue (turnover) for the 3PL market in the U.S. is estimated at $231.5 billion. $3.6 billion is included for the contract logistics software segment. International Transportation Management (ITM) Leading all 3PL segments for revenue growth in 2020 was International Transportation Management (ITM) which consists of air and ocean freight forwarding, customs brokerage, and complementary value- added services. Air freight revenues swelled in 2020 with the pandemic and extraordinary demand for PPE. With commercial passenger aircraft making up approximately 40% of total air cargo capacity, the pandemic upended air freight forwarding, and rates surged albeit on lower overall volumes. While air freight volumes are now above pre-pandemic levels, even with ongoing additions to increase air carrier capacity, it is still under pre-pandemic levels. With the economic reopenings in May of 2020, ocean freight demand came on strong as shippers worked on replenishing inventories. The ongoing results have been port congestion, tight container drayage capacity, and increased rates. “Blank Sailings” where a scheduled ship is cancelled from a route, and stronger ocean carrier alliances, have also reduced ocean capacity and buoyed rates. Overall, ITM realized a 19.2% gross revenue gain in 2020 expanding to $70 billion. While having a lower growth rate than overall gross revenue, due to a tight carrier capacity market, net revenue increased a healthy 11.4% to $24.6 billion. As of July 2021, the good news is that overall capacity is trending up in most ocean and air markets, as we dig out of the critical situation earlier this year, and port conditions in the U.S. are improving. For North Asia to the U.S., ocean capacity is still very tight and spot rates are continuing to rise. The air freight situation is improving, and spot-rate pressure is declining. The South Asian market is still very strained as COVID has gripped the area. Ocean capacity is declining, and spot rates are on the rise. Shippers are having to book 2-4 weeks in advance to get capacity. Air ©2021 Armstrong & Associates, Inc. 4 U.S. 3PL MARKET freight capacity is starting to improve, and spot rates are moderating. Europe to U.S. ocean capacity is improving, but equipment shortages in Europe are affecting port operations. This is forcing some shippers to utilize air freight. Air freight capacity is improving and should improve as more passenger aircraft come online. The main challenge now is flight cancellations. We expect an improving but tight carrier capacity situation going into 2022 which will keep an upward pressure on rates. Air capacity will continue to grow with increased passenger belly capacity availability. A&A’s Top 25 Global Freight Forwarders list for 2020 is provided below. This list is compiled using a combined overall average ranking which is based on each provider’s individual rankings for gross logistics revenue, ocean freight 20-foot equivalent units/containers (TEUs), and air freight metric tons handled in 2020. Averages for this year’s Top 25 Global Freight Forwarders show that although year- over-year gross logistics revenue growth was up 8.2%, ocean and air freight volumes both fell 3.2% over 2019. Table 2. Top 25 Global Freight Forwarders* Gross Revenue Air Metric Rank Provider Headquarters Ocean TEUs (US$ M) Tons 1 DHL Supply Chain & Global Forwarding Germany 28,453 2,862,000 1,667,000 1 Kuehne + Nagel Switzerland 25,787 4,529,000 1,433,000 2 DB Schenker Germany 20,761 2,052,000 1,094,000 2 DSV Panalpina Denmark 18,269 2,204,902 1,272,405 3 Sinotrans China 12,174 3,750,000 532,300 4 Expeditors United States 10,116 1,091,380 926,730 5 Nippon Express Japan 19,347 660,152 720,115 6 CEVA Logistics France 7,416 **1,081,100 363,300 7 C.H. Robinson United States 15,490 1,200,000 225,000 7 UPS Supply Chain Solutions United States 11,048 620,000 988,880 8 Kerry Logistics Hong Kong 6,867 1,019,924 493,903 9 GEODIS France 9,135 866,631 290,506 10 Bolloré Logistics France 5,265 761,000 574,000 11 Hellmann Worldwide Logistics Germany 2,740 905,100 552,640 12 Kintetsu World Express Japan 5,750 640,063 556,875 13 Agility Kuwait 4,018 771,000 372,000 14 Yusen Logistics Japan 4,248 764,000 337,000 15 CTS International Logistics China 2,160 1,021,007 398,175 16 DACHSER Germany 6,591 **492,440 310,860 17 Toll Group Australia 7,260 523,300 117,400 18 Hitachi Transport System Japan 6,346 462,000 221,000 19 Maersk Logistics Netherlands 6,963 401,369 138,086 20 Apex Logistics International Hong Kong 2,274 190,000 750,000 21 Logwin Luxembourg 1,292 698,000 167,000 22 Mainfreight New Zealand 2,467 347,638 114,736 *Revenues and volumes are company reported or Armstrong & Associates, Inc.
Load more

Recommended publications
  • Expeditors International of Washington, Inc
    2017 ANNUAL REPORT ANNUAL 2017 EXPEDITORS EXPEDITORS INTERNATIONAL OF WASHINGTON, INC. 2017 ANNUAL REPORT E X P E D I T O R S 2017 ANNUAL REPORT B O O T S O N T H E GROUND TO OUR SHAREHOLDERS Events in a single year can have an amazing impact on the We are examining various uses of artificial intelligence and supply chain and the companies that count on the supply one of its key components, machine learning. In fact, we use chain to perform mission critical tasks every day. In 2016, we machine learning in our operations today and very much faced a market of over-supply and slowing demand, whereas count on technologies such as these to drive higher levels of in 2017, the market changed rapidly with an under-supply of execution and efficiency. In 2017, we continued to invest in space and growing demand. technology and brought new services to the market, including Cargo Signal and Expeditors Carrier Allocation. Both of these In 2017, we studied the market, made appropriate plans services were developed by our core business and technology based on the detailed facts presented, and, most importantly, teams, and are powered by specialized technology that executed against our plans. By remaining resolute in our plans, incorporates best in class processes that improve the we continued to grow our business and, at the same time, we performance of our employees and that of our customers. improved our financial metrics from the first quarter through the fourth quarter of 2017. Our Chief Strategy Officer has built out our team, designed our methodology, analyzed market data and activity, and We are extremely proud to report that each of our core is now focused on proving out ideas that will add to our services grew and became more efficient in 2017.
    [Show full text]
  • Interim Report 2019 Corporate Information & Key Dates
    20201919 QUICK FACTS 53 countries & territories 46,000+ employees worldwide 70M ft² land & facilities 10,000+ self-owned operating vehicles CONTENTS 02 Corporate Information & Key Dates 03 Financial Highlights 05 Management Discussion and Analysis Results Overview 05 Business Review 06 Financial Review 12 Staff and Remuneration Policies 12 GLOBAL NETWORK 13 Corporate Governance and Other Information 25 Independent Auditor’s Review Report 27 Interim Financial Statements 54 Definitions CHINA FOCUS ASIA SPECIALIST 1 INTERIM REPORT 2019 CORPORATE INFORMATION & KEY DATES KERRY LOGISTICS NETWORK LIMITED COMPANY SECRETARY (Incorporated in the British Virgin Islands and continued Ms LEE Pui Nee into Bermuda as an exempted company with limited liability) AUDITOR PricewaterhouseCoopers BOARD OF DIRECTORS Executive Directors LEGAL ADVISER Mr KUOK Khoon Hua (Chairman) Davis Polk & Wardwell Mr MA Wing Kai William (Group Managing Director) Mr NG Kin Hang REGISTERED OFFICE Victoria Place, 5th Floor, 31 Victoria Street Non-executive Director Hamilton HM 10, Bermuda Ms TONG Shao Ming CORPORATE HEADQUARTERS AND Independent Non-executive Directors PRINCIPAL PLACE OF BUSINESS IN HONG KONG Ms KHOO Shulamite N K 16/F, Kerry Cargo Centre, 55 Wing Kei Road Ms WONG Yu Pok Marina Kwai Chung, New Territories, Hong Kong Mr YEO Philip Liat Kok Mr ZHANG Yi Kevin PRINCIPAL SHARE REGISTRAR AND TRANSFER AGENT AUDIT AND COMPLIANCE COMMITTEE Estera Management (Bermuda) Limited Ms WONG Yu Pok Marina (Chairman) Victoria Place, 5th Floor, 31 Victoria Street Ms TONG Shao Ming
    [Show full text]
  • Emerging Trends in Global Logistics
    Emerging Trends: Global Logistics, Transportation, & Distribution What’s going on out there! Three Key Challenges Tonight! Evolve Integrate Arrive 2 The Brewery Story 3 Three Key Challenges Tonight! Evolve – ALWAYS dive, strive, thrive Integrate Arrive 4 Think about your lifetime! Internet creation The newest “mode” of transportation? Cellular technology Internet on your cellular technology RFID – product & information Robotics advancements Social media, YouTube, Tablets, e-readers, smart phones, iPods Cloud technology Gene & DNA advancements Privatized space exploration 5 What changes have you seen? What industries and companies DON’T you see? 6 What happens absent evolution? When was the last time you saw or used a public telephone? Where’s Blockbuster? Hollywood Video? VHS/Beta to DVD to downloads Tower Records? MusicLand? Vinyl to cassette/8-track to CD to download Waldenbooks? Borders Books? Paper books to e-readers to smartphones Sports Authority, Sears, K-Mart – struggling E-fulfillment competition Evolvers – JC Penney, Target, Walmart 7 Supply Chain Implications! Most significant of our time is… Omni-channel strategies Open marketplaces E-fulfillment in concert Amazon – Ariba with brick & mortar or E-commerce replacing retail stores Electronic transactions Emerging - order on-line, pickup in store Door-to-door tracking Global sourcing & mfg. Glass pipeline Lead time management Home delivery networks Inventory investment Small package evolution Drop shipping Big box methodologies Returns
    [Show full text]
  • Annual Report 2019 Corporate Information & Key Dates
    QUICK FACTS 55 countries & territories 47,000+ employees worldwide 75M ft² land & facilities 10,000+ self-owned operating vehicles Cover Photo: A 33,000-kg air drum transported from Italy to a refinery in Russia by sea & road freight in 60 days. (computer-processed image) CONTENTS 02 Corporate Information & Key Dates 03 Financial Highlights 05 2015-2019 Financial Summary 06 Logistics Facilities GLOBAL NETWORK 13 Chairman’s Statement 14 Management Discussion and Analysis 14 Results Overview 15 Business Review 19 Financial Review 20 Staff and Remuneration Policies 21 Environmental, Social and Governance Report 34 Awards and Citations CHINA FOCUS 40 Corporate Governance Report 60 Directors and Senior Management 73 Report of Directors 99 Independent Auditor’s Report 108 Statement of Accounts 203 Definitions ASIA SPECIALIST 1 ANNUAL REPORT 2019 CORPORATE INFORMATION & KEY DATES BOARD OF DIRECTORS AUDITOR Executive Directors PricewaterhouseCoopers Mr KUOK Khoon Hua (Chairman) Certified Public Accountants and Registered PIE Auditor Mr MA Wing Kai William (Group Managing Director) Mr CHEUNG Ping Chuen Vicky LEGAL ADVISER Mr NG Kin Hang Davis Polk & Wardwell Non-executive Director REGISTERED OFFICE Ms TONG Shao Ming Victoria Place, 5th Floor, 31 Victoria Street Hamilton HM 10, Bermuda Independent Non-executive Directors Ms KHOO Shulamite N K CORPORATE HEADQUARTERS AND Ms WONG Yu Pok Marina PRINCIPAL PLACE OF BUSINESS IN HONG KONG Mr YEO Philip Liat Kok 16/F, Kerry Cargo Centre, 55 Wing Kei Road Mr ZHANG Yi Kevin Kwai Chung, New Territories, Hong
    [Show full text]
  • Location of North American 3PL Headquarters
    Location of North American 3PL Headquarters California - 18 HQs New Jersey - 14 HQs Agility Logistics - Irvine* Alliance Shippers - Englewood Cliffs Aspen Logistics - Temecula Damco USA - Madison* CaseStack - Santa Monica Flash Global Logistics - Montville D.W. Morgan Company - Pleasanton Geodis Wilson - Iselin* Number of HQs Dependable Distribution Centers - Kuehne + Nagel - Jersey City* Los Angeles National Retail Systems - North Ingram Micro Logistics - Santa Ana Bergen 1 Johanson Transportation Service NFI Industries - Cherry Hill - Fresno Panalpina - Morristown* Megatrux Companies - Rancho Port Jersey Logistics - Monroe 2-4 Cucamonga Township Menlo Worldwide Logistics - San Priority Solutions International - Mateo Swedesboro 5-9 Nexus Distribution - Oakland The Gilbert Company - Keasbey OOCL Logistics (USA) - Fountain Tucker Company Worldwide - Valley* Cherry Hill 10+ Pantos Logistics - Rancho Wallenius Wilhelmsen - Woodcliff Dominguez* Lake* Performance Team - Santa Fe Yusen Logistics - Secaucus* Springs Serec of California - Industry Source Logistics - Montebello Illinois - 13 HQs The RK Logistics Group - Fremont UTi Worldwide - Long Beach A&R Logistics - Morris Weber Logistics - Santa Fe Springs AFN - Niles AIT Worldwide - Itasca ArrowStream - Chicago Caterpillar Logistics Services - Morton DSC Logistics - Des Plaines Echo Global Logistics - Chicago Fidelitone Logistics - Wauconda Hub Group - Downers Grove LeSaint Logistics - Romeoville RR Donnelley - Chicago Sankyu USA - Wood Dale* * Denotes regional headquarters. SEKO Logistics
    [Show full text]
  • The BGSA Supply Chain Index
    The BGSA Supply Chain Index February 2021 Copyright © 2021 by BG Strategic Advisors No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means — electronic, mechanical, photocopying, recording, or otherwise — without the permission of BG Strategic Advisors. BG Strategic Advisors Introduction to BG Strategic Advisors (“BGSA”) ▪ BGSA is the leader in supply chain investment banking with a unique set of unmatched capabilities The BGSA Supply Chain Index ▪ Due to our unique approach to strategy-led investment banking, BGSA has become the leading advisor on premium sell-side deals, the first call for buy- The BGSA Supply Chain Index tracks nine side acquisition strategy and execution, and a true thought leader with over 30 segments within our core coverage area of completed transactions in the supply chain sector supply chain and logistics: ▪ BGSA completed over 50 transactions within supply chain, logistics, and ▪ Logistics transportation ▪ Global Parcel / Logistics Recent Performance and Key Takeaways ▪ Truckload ▪ The BGSA Supply Chain Index as a whole is currently trading at an average EV / EBITDA ▪ Less Than Truckload multiple of 15.3x, up from 14.9x in December ▪ Railroads / Rail Services - Supply Chain Technology, Global Parcel and Logistics are currently outperforming the broader index, trading at 39.1x, 17.4x and 16.2x respectively ▪ Supply Chain Technology and Software ▪ The BGSA Supply Chain Index ended the month of January down 2.5%, while the S&P ▪ Technology Distribution
    [Show full text]
  • Kerry Logistics Contact List - Asian Countries
    Kerry Logistics Contact List - Asian Countries Countries/Region Handling Office Department Contact Phone number Email Ms. Mandy Kwan +852 22119-308 [email protected] Air Ms. Winnie Chan (Back Up) +852 22119-306 [email protected] Hong Kong Hong Kong Ms. Peggy Chow +852 22119-387 [email protected] Sea Mr. Anthony Ip (Back Up) +852 22119-368 [email protected] Fiona Liu +86 021 31316154 [email protected] Air Yvette Yue +86 02131316157 [email protected] Shanghai Gateway CS Mr. Jacky xu 86 21-51178154 [email protected] Sea Ms. Cherry Chen (Back Up) 86 21-51178267 [email protected] Ms. Lisa Bao (Back Up) 86-21-51178111 ext.8158 [email protected] Ms.Luna xu 86-574-87093241 [email protected] Air Mr.Roy Sun (Back Up) 86-574 83868330 [email protected] Ningbo Gateway CS Ms.Vivian Xie 86-574-83868328 [email protected] Sea Ms.Selinna Mao (Back Up) 86-574-87091936 [email protected] Ms.Kattie Wang 86755 8271 5715 [email protected] Air Ms. Emily Wang 86755 8271 5529 [email protected] Shenzhen Gateway CS Mr. Sunny Liao 86 755-8271 5695 [email protected] Sea Ms Yuki Ho 86 755- 8271 5630 [email protected] Air Mr.Aaron Liu 86 22 58295588 ext. 1017 [email protected] Ms.Sally Cui 86 22 58295588 ext.6020 [email protected] Tianjin Gateway CS Sea Ms.Hera Li 86 22-58295588 Ext.6031 [email protected] Ms.Rong Rong (Back Up) 86 22 58295588 ext.
    [Show full text]
  • Transportation & Logistics
    TRANSPORTATION & LOGISTICS INDUSTRY UPDATE │ APRIL 2017 www.harriswilliams.com Investment banking services are provided by Harris Williams LLC, a registered broker-dealer and member of FINRA and SIPC, and Harris Williams & Co. Ltd, which is a private limited company incorporated under English law with its registered office at 5th Floor, 6 St. Andrew Street, London EC4A 3AE, UK, registered with the Registrar of Companies for England and Wales (registration number 7078852). Harris Williams & Co. Ltd is authorized and regulated by the Financial Conduct Authority. Harris Williams & Co. is a trade name under which Harris Williams LLC and Harris Williams & Co. Ltd conduct business. 0 TRANSPORTATION & LOGISTICS INDUSTRY UPDATE │ APRIL 2017 WHAT WE’RE READING CONTENTS LOGISTICS | BIG RETURNS IN HASSLE-FREE RETURNS . M&A TRANSACTIONS Processing of returns and excess inventory, known in the retail trade as reverse . PUBLIC MARKETS OVERVIEW logistics, is attracting interest from venture capital and strategic investors looking . STOCK PRICE PERFORMANCE for new software and services. With retail sales in the US totaling almost $4.7 trillion . OUR GROUP in 2015 and a median retail return rate of 8%, more than $375 billion of merchandise is returned on an annual basis. While that figure represents the median of returns on all retail sales, not just online, it is estimated that upwards of 30% of goods purchased online are returned annually, according to Jeff Burkett, CONTACTS director in the Transportation & Logistics Group at investment bank Harris Williams. Mergermarket UNITED STATES TRUCKING | US TRUCKLOAD SPOT RATE RAMP-UP Frank Mountcastle Managing Director After falling earlier in the year and experiencing a modest uptick in March, US spot [email protected] truckload rates have started to increase at a faster clip — a hint of things to come +1 (804) 915-0124 for the contract market, according to industry analysts.
    [Show full text]
  • Top Freight Brokerage Firms
    Online Shopping Drives Growth in Demand For Faster, Cheaper Local Delivery Services By Daniel P. Bearth up local hubs to provide one-hour delivery in cities across Senior Features Writer the United States. In the 2016 edition of Transport Topics’ Top 50 s online sales continue to soar, so have Logistics Companies, we explore what the growth the expectations of consumers for goods of online commerce means to some of the largest to be delivered quickly and cheaply. logistics service providers in North America, including Fueling an increase in on-demand top-ranked UPS Inc., which has invested in several delivery services is Amazon.com, the delivery startups, and FedEx Corp., which last year Seattle-basedA online bookseller that has over the past acquired Genco, a distribution firm that handles order two decades morphed into a $100 billion-a-year global fulfillment and manages returned goods for Internet storehouse and potentially a provider of logistics services retailers. in its own right. While the companies have made investments to Since 2014, investors have poured more than $1 billion enhance their package delivery networks to handle into companies, such as California-based Postmates additional online commerce, they don’t yet see enough and Deliv, that use freelance drivers to provide same- demand from consumers to expand same-day or on- day pickup and delivery of merchandise and packages. demand delivery service. At the same time, Google and other high-tech firms On the other hand, the beginnings of a new and are developing driverless trucks and robotic delivery radically different transportation network appear to be vehicles in an effort to lower costs.
    [Show full text]
  • Echo Global Logistics
    SPECIAL REPORT THE FUTURE TECHNOLOGY OF SUPPLEMENT SPONSORED BY ECHO GLOBAL LOGISTICS Q&A WITH CHAIRMAN ECHO & CEO DOUG WAGGONER SPECIAL SUPPLEMENT LICENSED TO SERVE TOPP 1010 3PLS3PPL LOGISTICS SUPPLY CHAIN STATE ECHO WINS AGAIN!HIT THE BRAKES! THE VOTES ARE IN: 039-055_EchoSpotlight_0220.indd 39 February 2020 • Inbound Logistics 39 2/13/20 10:58 AM Technology at your fingertips, experts at your side. Online LTL shipping now easier than ever Cutting-edge, self-service portal Quote, book, ship, track, and pay faster than ever before Backed by intelligent pricing All load documents in one place Award-winning service and support Learn more by visiting www.echo.com/echoship Managed Transportation Intermodal ECHO.COM Truckload International Partial Truckload Small Parcel 800.354.7993 Less Than Truckload Specialized © 2019 Echo Global Logistics. All rights reserved. EchoSpotlight_0220.indd 40 2/12/20 11:37 AM EchoShip_IBL_Full-Page_8-26.indd 1 8/26/2019 3:13:10 PM [SPONSORED SUPPLEMENT] CONTENTS 2 7 READER’S CHOICE: 5 THINGS YOUR 3PL TOP TEN 3PL REP SHOULD BE EXCELLENCE AWARDS DOING FOR YOU Our audience has spoken. These To help select the best are the 3PLs that nabbed their transportation providers for votes and earned a spot on this any business, Sean Burke, Chief prestigious list. Commercial Officer, narrows down the top five services a 3PL rep 4 should perform. THE FUTURE OF LOGISTICS 8 TECHNOLOGY SPECIAL THE TOP 100 3PLS A Q&A with Echo Chairman and 3PL EDITION CEO Doug Waggoner looks at the Inbound Logistics’ annual directory future of logistics technology and highlights the best and brightest what Echo Global Logistics brings 3PL service providers.
    [Show full text]
  • First Name Last Name Job Title Company Bruce Abbe Executive
    First Name Last Name Job Title Company Bruce Abbe Executive Director Midwest Shippers Association Randy Abbott Intermodal VP of Sales XPO Logistics Mark Aberle Supply Chain Operations Eddie Bauer John Abisch RCEO Ecu Worldwide Thomas Abramowitz Sr Sales and Marketing Manager JSK Transportation Vice President, Global Sales Brian Abramowitz Division COSCO SHIPPING Lines (North America) Inc. David Adam Chairman & CEO US Maritime Alliance (USMX) Senior Consultant – Global Dustin Adams Logistics Procurement Halyard Health Theresa Adams Lopez Director of Community Relations Port of Los Angeles Frank Adcock AVP Marketing TTX Company Eric Adelstein SVP Supply Chain Bob's Discount Furniture Experiential Marketing and Brand Sandra Aderibigbe Manager Maersk Line David Adney AVP or Transportation Hobby Lobby Stores Inc. Ian Aguilar Sales Manager Shippabo Craig Akers Director of Operations Toy Shippers Association Inc Lisa Akers-Stein Vice President AFMS Global Transportation Consultant Natalie Akiyama Assistant to Division Manager Yamaha Motor Corporation Deniz Akkirman TPEB Tradelane Manager UPS Supply Chain Solutions Tony Alanis Executive Board Member ILWU LOCAL 13 Albanese- Global Forwarding Director of Stefania Monforti Sales XPO Logisitics David Albert COO Libra Director Of Logistics and Trade Alex Albertini Compliance Charlotte Russe Inc. Kenneth Albertson Vice President Sales & Marketing Progressive Transportation Services, LLC. Mark Aldridge Director of Sales NFI Global LLC Edward Aldridge Director, Head of FCL USA DB Schenker Goetz Alebrand VP Seafreight Kuehne + Nagel Raul Alfonso EVP & CCO Port Tampa Bay Stuart Allen EVP Sherwood Global Commerce Steve Alonso Director International Logistics The Home Depot TammyLy nn Alsup Manager Carhartt Beverly Altimore Executive Director USSA Ricardo Alvarez Director of Operations DP World Prince Rupert Roy Amalfitano Vice Chairman Evergreen Shipping Agency (America) Corp.
    [Show full text]
  • Kerry Logistics Network (636 HK)-Initiate at UW(V)
    Company report Industrials Air Freight & Logistics abc Equity – Hong Kong Global Research Kerry Logistics Network (636 HK) Underweight (V) Initiate at UW(V): The world’s local logistics provider Target price (HKD) 11.75 Growth driven by mainland China, profitability driven by Share price (HKD) 12.98 Forecast dividend yield (%) 0.9 Hong Kong Potential return (%) -8.6 Yet the reality is that contract logistics is a low margin Note: Potential return equals the percentage difference between the current share price and business and growth is likely to be hotly contested the target price, plus the forecast dividend yield Dec 2012 a 2013 e 2014 e Initiate with an Underweight (V) rating and multiple-based HSBC EPS 0.00 0.53 0.57 HSBC PE 24.3 22.9 HKD11.75 target price Performance 1M 3M 12M Absolute (%) 27.0 Relative^ (%) 34.3 KLN is a solid company with a good track record and strong positioning in Hong Kong Note: (V) = volatile (please see disclosure appendix) where it is the No 1 third-party logistics (3PL) provider. It is well positioned to capitalize on growth in the Chinese domestic market, and the business it conducts there, it is arguably conducting well. But we believe there is a disconnect between KLN’s valuation, market expectations and the realities of operating an asset heavy, contract logistics-led 28 January 2014 freight forwarding model. Julia Winarso* Analyst Contract logistics is a low margin, competitive business: KLN’s profitability is largely HSBC Bank plc driven by Hong Kong logistics and its warehousing business, where it acts as landlord.
    [Show full text]