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Home » News » Warehouse News » Large 3PL integrations require patience, processes, and planning

Large 3PL integrations require patience, processes, and planning

View original at www.logisticsmgmt.com

State of Logistics 2016: Pursue mutual benefit Large 3PL integrations require patience, processes, and planning FTR’s Trucking Conditions Index drops, but growth is expected in 2017 Holiday season sparks retail import shipments, says Port Tracker Truckers applaud move to revert to pre-2013 Hours of Service regulations More Logistics News Digital Evolution: Streamlining Logistics and Supply Chain Operations Virtual Conference | Dec 8, 2016 | 1pm ET Keynote Address: The Digital Re-imagination of Supply Chains All Resources In the 3PL sector, 2016 may be remembered as the year of big acquisitions. As for 2017, it may end up being known as the year of large-scale 3PL M&A integration. Three of the biggest 3PL deals that were consummated in 2015 and into early 2016, included XPO Logistics matching $3 billion acquisitions of Norbert Denrtressangle and Con-way; Echo Global Logistics’ $420 million acquisition of Command Transportation; and DSV’s $1.35 billion acquisition of UTi Worldwide Some of the things in common for each of these deals include the massive scale, scope, pairing and meshing of service offerings, access into different vertical markets and geographies, not to mention the massive price tags, too. In each case for these respective deals, things have moved quickly and efficiently to get through the acquisition growing pains and get out in front of customers with a bigger playbook, footprint, and service menu. What’s more it is also important not to overlook that in some cases, these large-scale deals can help to fill a niche or expand or further improve a service offering already in place. That is more of a company-by-company type of thing more often than not. But for the actual integration processes themselves, they require various views to be sure, ones that both address short-term and long-term goals to get things moving from an inked deal […]

Sue Boczenowski

About the Author

Sue Boczenowski is the Marketing Manager for Abel Womack.

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