Company News 90 percent of Fortune 500 companies in the U.S. were working with third-party logistics providers in 20171. 3PL, 4PL, and 5PL logistics providers bring efficiency to the supply chain and to distribution channels by offering specialized combinations of technologies, equipment, relationships, expertise, and service. Often a logistics provider’s offering is developed to optimize transportation and … Continued
Please join Matlack Leasing, LLC in welcoming Dave Girard, Regional Sales Representative, to our team. Dave, a 30-year veteran of the bulk transportation industry brings to Matlack Leasing his extensive knowledge of tank equipment and the tank transportation market. Mr. Girard resides in the Chicago, IL area and was previously with Girard Equipment. His responsibilities … Continued
Businesses and their supply chains rapidly shifted as a result of the SARS-COVID-2 virus slowing the momentum previously established for sustainability initiatives. Companies with documented sustainability policies measure their progress using Key Performance Indicators (KPIs). A number of these KPI’s apply to the transportation fleet for the supply of raw materials and the distribution of … Continued
Consolidation helps chemical companies to both vertically integrate their operations and expand into new markets. The late 2019 uptick in consolidation among chemical industry companies continued into the start of 2020. The global pandemic slowed this M&A activity, but in the near future, consolidation is likely to resume and may even accelerate once pandemic fears … Continued
Digital transformation in the chemical industry has been slowly evolving. Bringing about tools such as; digital portals, remote sensors, dashboards, and e-commerce sites, which should improve the efficiency of operations and the supply chain. The companies which are ahead of this curve are able to operate more effectively and efficiently. The benefits in terms of … Continued
A 2019 report by John Dunham and Associates published on the National Association of Chemical Distributor’s (NACD’s) website outlines the direct, indirect and induced economic impacts of the chemical distribution industry at the congressional district, state, and national levels. This report clearly demonstrates that transactions involved in chemical distribution fuel a nationwide economic engine. Summarized … Continued
When transporting bulk liquids like corrosive or flammable chemicals, appropriate bulk liquid transportation equipment is necessary due to the risk these products pose to people and the environment. Since 1996, Matlack Leasing LLC has been providing durable tank trailers and chassis for bulk liquid storage and transport. Matlack’s available fleet includes standard industry models, but … Continued
Specialty freight makes up about 20% of trucking industry revenue in the United States, with bulk liquid transportation representing the majority of this 20%. Seemingly unrelated industries ranging from farming to aviation and mining to chemicals, rely on the movement of bulk liquid freight in order to conduct business. However, there is a wide variation … Continued
Bulk liquids are present in everyday life, in one form or another. From gasoline to fuel our cars, to fruit juices and cooking oils for consumption, it’s hard to imagine what life would be like without these products. Bulk liquid cargoes, which also include crude oil, liquefied natural gas, and chemicals, are not boxed, bagged … Continued
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