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GXO Logistics Acquires PFSweb for $181 Million

| Mike O'Brien

GXO Logistics, which calls itself the world’s largest pure-play contract logistics provider, is acquiring Irving, TX-based 3PL PFSweb for $181 million in an all-stock deal, the companies said, increasing GXO’s presence in apparel, footwear and health and beauty categories. The transaction is expected to be completed in the fourth quarter, and GXI paid a 50% premium to the Sept. 13 close.

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Key Factors in Choosing the Right 3PL For Your Business

| Carl Wasinger

While business success for retailers depends in large part on their supply chains, they are extremely difficult and complicated to manage. Handling shipping, distribution and other aspects of logistics on your own can easily occupy an outsized percentage of your attention. This is why many opt to hand off all or part of their fulfillment operations to a 3PL. Here’s how to find the right one for you.

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Three Ways a Data-Driven 3PL Impacts Retail Fulfillment

| Chris Jarvis

Third-party logistics (3PL) providers play a pivotal role in guiding brands through the continuing evolution of retail and ecommerce. Brands aiming to adapt and excel need 3PL partners that leverage industry expertise, data and technology. This helps them enhance efficiency, promote collaboration and drive fulfillment innovation. Here’s how innovative 3PLs are spearheading this change. 

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Demand Down for Mega Warehouses, Up for Smaller Facilities

| Mike O'Brien

There are fewer mega warehouses of 1 million square-feet-plus going up, tracking with reduced demand in retail and ecommerce and the challenged economy, according to CBRE, while smaller facilities in strategic locations near population centers are in short supply. Ecommerce companies accounted for seven of the top 100 deals from January through June, down 50% from 14 in 2022.

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LTL: A True Shipping Advantage

| Dustin Kreigh

Less-than-truckload or LTL shipping has become increasingly popular in recent years, and for good reason. When shipping LTL freight, the shipper pays for the portion of a standard truck trailer their freight occupies, with the rest of the space shared by other companies. This provides many benefits to shippers and carriers, from cost to speed to environmental efficiency.

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MyFBAPrep Sees Major Expansion in 3PL Brokering

| Mike O'Brien

MyFBAPrep, one of several companies brokering warehouse space and fulfillment services between shippers and 3PLs, has expanded its network from 15 million to 85 million square feet in the past four years to meet demand, increasing coverage in the UK, Germany, Canada and Mexico as well as the U.S. Expansion to Australia is on the company’s roadmap as well.

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Geodis Acquisition Adds Drayage in Southern, Gulf Ports

| Mike O'Brien

Geodis, a provider of freight forwarding and logistics, has added drayage at southern and gulf ports with the acquisition of Southern Companies, following its 2022 purchase of Need It Now Delivers. Southern Companies provides drayage, container deconsolidation and consolidation, trucking and warehousing services at ports in Miami, Tampa, the Everglades, Houston, Charleston and Savannah.

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Amware Fulfillment Acquired by French Logistics Firm Staci

| Mike O'Brien

Amware Fulfillment, a 3PL focused on direct-to-customer commerce, has been acquired by French logistics provider Staci Group in a marriage that provides customers of both firms with entrance into markets in Europe and the U.S., respectively. The companies will also cross-pollinate their respective technology strengths.

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American Eagle, Gap B2B Units Sign Partners

| Mike O'Brien

American Eagle Outfitters and Gap, who both launched B2B outsourcing units in 2022 to monetize their large shipping and fulfillment networks, have been adding partners lately to expand their capabilities, providing SMB and omnichannel retailers access to capacity and optimization they wouldn’t have otherwise.

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AxleHire Handling Next-Day Delivery from Seko Facilities

| Mike O'Brien

AxleHire, a startup last-mile logistics provider, has partnered with major 3PL and freight forwarder Seko Logistics to enable next-day deliveries directly from Seko facilities, eliminating middle-mile linehauls between hubs, saving time and money for shippers.