According to Gartner, “Leaders rate well on the highly weighted criteria for both Ability to Execute and Completeness of Vision. This means the leading providers have extensive service offerings and infrastructure and make them available across an expansive global footprint.” Furthermore, “Leaders also have well-structured strategies and business models to continue to expand their capabilities, regional coverage, and industry specialization, and they are adept at offering services for different … [Read more...] about GEODIS recognised as a leader in Gartner’s June 2020 Magic Quadrant for Third-Party Logistics, Worldwide
third-party logistics
Third party logistics industry worth US$900 billion by 2020
According to ReportsnReports latest study: Global and China Third-party Logistics Industry Report, 2016-2020, third-party logistics can not only help companies complete cargo movement but effectively reduce logistics costs and speed up cargo turnover, fully meeting their requirements on logistics quality. Therefore, third-party logistics develops rapidly. In 2015, global third-party logistics market size hit US$721 billion, a YoY rise of 4.5 percent, occupying 8.2 percent of the logistics market … [Read more...] about Third party logistics industry worth US$900 billion by 2020
GEODIS acquires US third-party logistics provider OHL
GEODIS, the European supply chain operator owned by French rail company SNCF, has sealed the deal to buy US-based third-party logistics provider Ozburn-Hessey Logistics (OHL). OHL operates more than 120 distribution centres in North America with over 3.35 million sqm of warehouse space and has a turnover of €1.2 billion. OHL has a core competency in direct-to-consumer fulfilment, specialising in apparel, electronics, healthcare, food and beverage, and consumer packaged goods. The firm is … [Read more...] about GEODIS acquires US third-party logistics provider OHL
