Redwood expands into global forwarding with Rockfarm acquisition
Redwood Logistics is broadening its service capabilities with the takeover of Rockfarm Supply Chain Solutions ...
US supply chain consultant Jim Tompkins has unveiled plans to launch a fourth-party logistics provider in a project that will see it “managing a group of prominent companies that will pool their services in an unconventional approach to capturing a share of the fast-growing e-commerce fulfilment market”, initially aiming its services at apparel and footwear e-tailers. The MonarchFX Alliance will see Tompkins bring together US 3PLs Kenco, NFI and an unnamed third, along with technology provider JDA and an undisclosed delivery firm. “By building a network of local fulfilment facilities, Monarch hopes to disrupt the traditional hub-and-spoke strategy of DCs performing last-mile delivery from massive, centralised sites.” There are further plans to introduce the concept for other verticals, including cold chain, bricks and mortar retailers, industrial business-to business flows and project cargo.
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