Transplace has announced that it has acquired Yusen Logistics (Americas) Inc.’s intermodal marketing company/over-the-road freight brokerage group.
A subsidiary of Nippon Yusen Kaisha, Yusen Logistics (Americas) Inc. is a global logistics and transportation provider with offices in 44 countries and regions. This acquisition expands Transplace’s geographic footprint and intermodal network as well as complements the company’s mission to deliver outstanding transportation management, intermodal, brokerage, and cross-border trade management services to shippers.
“Acquiring Yusen Logistics’ North American intermodal operations further supports Transplace’s commitment to strategic growth in order to build a competitive advantage for our company and our customers,” said Frank McGuigan, CEO, Transplace.
Owned by TPG Capital, Transplace is a North American non-asset based logistics services provider offering manufacturers, retailers, chemical and consumer packaged goods companies the optimal blend of logistics technology and transportation management services. As the largest managed transportation service provider in North America, Transplace generates gross revenue in excess of $3.0 billion from more than 1,000 customers.