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3PLs born from shippers

Monday, April 23, 2012

Evan Armstrong, president of consulting firm Armstrong & Associates, said it is fairly unusual for 3PLs to grow out of shipper operations, but not unprecedented. He noted Dunavant was different in that it was growing out of a trading company and trading companies do a lot of logistics work as part of their primary business. Examples of manufacturers that have created 3PL subsidiaries include: Caterpillar Logistics, which Armstrong said has top line revenue of about...

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