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Transplace Acquires Yusen Logistics Intermodal & Freight Brokerage 

| October 9, 2018

truck being loaded at port

Transplace, a provider of transportation management services and logistics technology, has acquired Yusen Logistics (Americas) Inc.’s intermodal marketing company/over-the-road freight brokerage group. 

This acquisition expands Transplace’s North American intermodal capabilities and is designed to further support the company’s commitment to strategic growth in order to meet the supply chain needs of its growing customer base. Terms of the transaction were not disclosed.

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.

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.

The newly acquired intermodal operations, with locations in Jacksonville, FL, Cincinnati, OH, Memphis, TN, Chicago, IL and Dallas, TX, will operate as part of Transplace’s intermodal division – Celtic Intermodal, which is led by President Doug Punzel.

Category: Featured, General Update, News

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