Transportation Insight Ascends Armstrong & Associates’ Ranking of Top 50 3PLs
Enterprise Logistics Provider’s Comprehensive Service Platform Drives Climb in Global, Domestic Lists
HICKORY, NC (June 6, 2018) – Transportation Insight, a multi-modal Enterprise Logistics Provider recognized for excellence in supply chain and business process improvements, advances its ranking in Armstrong & Associates’ annual list of leading third-party logistics providers. According to the consulting and market research firm’s 2018 list of largest Global 3PLs, Transportation Insight climbed to No. 37. The company’s position improved to No. 20 on the A&A list of Top 50 Domestic 3PLs. Key components of Transportation Insight’s growth to $1.9 billion in gross revenue include service expansion and client retention coupled with strategic acquisitions and organic growth.
“The digital transformation of the supply chain is expanding around the globe. Our team of logistics industry experts continues to be at the forefront of this shift by engineering end-to-end supply chain solutions that help more than 1,500 valued Transportation Insight clients align their supply chains to long-term strategic goals while meeting evolving customer demands,” says Transportation Insight President and CEO Chris Baltz. “While mitigating financial, operational and strategic risk across their enterprises, our clients leverage transportation management solutions, innovative technology and advanced analytics to create competitive advantage and outpace their competition.”
Transportation Insight’s expanding services in e-commerce shipping and global trade compliance consultation richly complement the core and value-added supply chain solutions that propelled the performance improvement catalyst to a market leading position in logistics. As analysts predict e-commerce logistics costs to increase during the years ahead, Transportation Insight’s specialization in all modes, including Parcel, Less-Than-Truckload (LTL) and Truckload (TL), enables shippers to develop cohesive strategies for a seamless view of the customer and a predictable delivery experience. Further, the company’s ability to gather, manage and analyze supply chain data to provide actionable business insight underscores its critical service to the marketplace, Baltz and company Founder and Chairman Paul Thompson shared during a recent interview.
With a service offering that addresses the end-to-end supply chain within one operational ecoscape, Transportation Insight provides shippers with strategic carrier sourcing across all domestic transportation modes, parcel advanced analytics, parcel audit and optimization, freight invoice audit and payment, e-commerce shipping solutions, warehousing, supply chain and network optimization, international logistics management, LEAN consulting and client training, and supply chain sourcing of secondary packaging and other indirect materials.
Transportation Insight Executive Vice President of Enterprise Business Solutions Ken Wacker says the needs for flexible supply chain solutions and proven strategies to manage process change are integral drivers of continuous improvements in the company’s client service offering.
“Our clients rely on their partnership with Transportation Insight to keep an edge, whether it’s through innovative and time-saving technology solutions, deep industry expertise, next-level analytics, customer-focused continuous improvement strategies or all of the above,” says Wacker. “The customer is already king. As e-commerce continues to be a dominant force, companies must adapt to meet growing customer demands for flexible omni-channel solutions while tempering costs and alleviating risks to ensure they can remain competitive.”
Adapting to increased levels of risk emerging in international trade lanes, particularly among cross-border e-commerce shippers facing enhanced scrutiny, Transportation Insight applies its recognized expertise to assess gaps in clients’ import/export compliance. Transportation Insight Vice President of Client Solutions Rick Brumett and Head of Global Trade Compliance Rennie Alston will present “Mitigating Risk at the Border,” during the Mastering International Learning Pod on Sept. 26 at Parcel Forum 2018, an event for supply chain professionals dedicated to parcel fulfillment.
Transportation Insight’s proprietary Co-managed Logistics® approach allows the 3PL to come alongside clients as a strategic partner. The approach enables clients’ functional leaders to choose their level of control with existing carrier relationships, while accessing Transportation Insight’s marketplace insight, technology tools and analysts who act as an extension of the clients’ business. Leveraging Extended LEAN® continuous improvement methodology combined with supply chain analytics, the business performance consultant helps companies evaluate complex business scenarios and engineer strategies to improve working capital, streamline operations and sustain bottom-line profitability.
Armstrong & Associates’ 2018 lists of Top 3PLs appear in the June edition of Logistics Management.
About Transportation Insight, LLC
Transportation Insight is a multi-modal, lead logistics provider with $3.9 billion in logistics spend under management. For nearly 20 years, the Enterprise Logistics Solutions Provider has partnered with manufacturers, retailers and distributors to achieve significant cost savings, reduce cycle times and improve customer satisfaction rates by providing customized supply chain solutions. Transportation Insight offers a Co-managed Logistics® form of 3PL, carrier sourcing, freight bill audit and payment services, state-of-the-art transportation management system (TMS) applications, parcel technology platform (audit, engineering, advanced analytics) and business intelligence. Serving over 1,500 clients, its logistics services portfolio includes domestic transportation, e-commerce solutions, supply chain analytics, international transportation, warehouse sourcing, LEAN consulting and supply chain sourcing of indirect materials including secondary packaging. Headquartered in Hickory, NC, Transportation Insight has secondary operating centers in Atlanta, GA, Bentonville, AR, Boston, MA, Charlotte, NC, Omaha, NE, Overland Park, KS and Salt Lake City, UT; service centers in Chicago, IL, Canton, OH, Charlotte, NC and St. Louis, MO; and more than 50 client support offices across North America. For more about Transportation Insight, visit www.transportationinsight.com, email or call 877-226-9950.