|September 5, 2018|
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MercuryGate is being acquired by Boston-based alternative investment firm Summit Partners.
As part of the deal, it’s getting a new CEO in Joe Juliano, a serial technology executive who takes over for co-founder Monica Wooden. Wooden will transition to a customer-facing role as chief revenue officer, while her cofounder, company president Steve Blough, will stay on as chief product officer.
Freight transportation services provider Hub Group announced late last week it entered into a definitive agreement to sell Mode Transportation, a subsidiary company, to an affiliate of global private investment firm, York Capital Management, for roughly $238.5 million.
If you have news you would like to share with other TIA members, send it to us, and we'll place it in the next issue of Logistics Weekly.
3PL Technovations is a new meeting laser-focused on the rapid changes in technology affecting the 3PL industry. This highly energized event will feature rapid presentations by technology providers discussing the latest industry trends and issues as well as presentations and information sessions led by thought leaders. 3PL Technovations is designed to keep leading 3PLs operating at the top of their game.
For more information and to register, visit the 3PL Technovations site.
Industry News and Advocacy
Please take a few minutes to review the list of TIA Member Candidates for the month of September. If you have any information on why a Candidate should not be accepted into membership, please contact TIA immediately. Opposition or inquiries must be submitted in writing. A copy of the inquiry will be sent to the Candidate.
Local ingredients are trendy among upscale restaurants. Now, with surging shipping costs, sandwich and salad shops are following along.
A labor crunch in the trucking industry is making it more expensive to deliver everything from apples to zucchini. U.S. shipping rates jumped 14 percent in the year ended June 30, sending truck use to nearly 100 percent capacity, according to Freight Transportation Research Associates. Restaurants are facing higher prices, and to avoid passing them along to customers, they’re shopping closer to home.
TIA's innovative member-only video production service is designed to assist and enhance your company’s commercial outreach efforts.
Succession planning is the most important milestone a family business will undergo. Trying to pass the family business from one generation to the next is fraught with risk. Who will run the business? How will the current generation phase out? Can the next generation work well together? Successful family businesses are those that recognize there is risk, put forth effort, instill good communication habits, and begin working early on a plan for succession.
Sometimes the best teachers in life aren’t found in the classroom. That’s why TIA created the Mentorship Program. This exciting opportunity allows you to learn from the best resources in the 3PL industry – experienced and successful volunteer TIA members.
TIA has negotiated a special 15 percent discount from CIFFA’s non-member prices for TIA members to attend the CIFFA 70th Anniversary Conference, Global Supply Chains in a Digital Future: Innovation and Inspiration, to be held October 16 – 17, 2018 at the Metro Toronto Convention Centre in Toronto, ON.
Don’t delay and loose that spot you want in the 2019 Exhibit Hall at the 2019 TIA Capital Ideas Conference & Exhibition, the only show designed for 3PLs. The deadline for the first round of booth assignments is Friday, Sept. 14, 2018. After that, booth space will be assigned on a first-come, first-served basis. Reserve your space now to ensure you have a spot.
All booth applications will be accepted online for 2019 with payments via credit card. Please be sure to apply early. We anticipate booth space to sell out quickly.
Register for your 2019 TIA Conference Booth/Kiosk, view the Floor Plan and review other pertinent information at www.tianet.org/2019exhibit
Join speaker TJ Hoisington for a three-part webinar series focused on enhancing and improving your company's customer service. TJ will cover a host of topics focused on the "nuts and bolts" of effective communication, ingredients to build rapport, and best practices of organizations with high-level customer service.
Tuesday, Sept. 25 - Thursday, Sept. 27, 2018
If you missed this presentation at the TIA 2018 Capital Ideas & Conference, you are in for a treat. Learn the ins and outs of the tactics cargo thieves utilize today so you can arm your company with the latest security to prevent cargo theft.
There is no charge for this webinar.
Thursday, Sept. 20, 2018
Geared to individuals who need to understand the critical issues and concepts involved in moving perishable loads, the Temperature Control Course covers important topics such as industry characteristics, heat, trailer conditions, the impact of packaging and loading on perishable products, and inspections. If your company moves perishable products, or you’re looking to expand your business, you need this course!
TIA Services - Discounted Business Solutions
TIA's Compensation Report provides invaluable information about logistics firms’ salaries and compensation, their organization, and job descriptions. More than 80 companies participate in the survey, providing data on more than 30 different job positions. The 2017 paper version of the Measure Up survey is available for $295 per TIA Member.
Are you taking advantage of the TIA Advantage program? As part of TIA’s commitment to help its members grow and succeed, TIA has partnered with several companies to offer its members products and services at special savings including but not limited to: