Transplace Acquires Logistics Management Solutions

Transplace, a leading provider of transportation management services and logistics technology, has acquired Logistics Management Solutions, a non-asset-based third party logistics provider focusing on the chemical and industrial manufacturing sectors.

Established in 1996, LMS earned a spot on Inc. magazine’s ranking of the 500 fastest-growing private companies in the country.

Noted Transplace CEO Tom Sanderson. “Bringing the LMS team on board allows Transplace to offer more services to its existing customers and to serve an entirely new set of customers, as well as continue to expand our presence in key verticals, such as the chemical industry.”

As one of the top ten freight capacity brokers in the U.S. and the leading provider of 3PL Transportation Management services across North America.

Transplace generates revenue in excess of $1.4 billion.

Category: General Update