Today, announced it has successfully completed its planned acquisition of Transfreight North America, a provider of third-party logistics and supply chain solutions, from Mitsui & Co., Ltd. Financial terms were not disclosed.
βWeβre pleased to have successfully completed the acquisition,β said ΜΗΠΔ΄«Γ½ Logistics President Marc Althen. βWe look forward to working with the Transfreight team to implement a flawless integration for customers and associates. Transfreight is a customer-focused organization with excellent customer relationships. We are excited about building an even stronger business upon this foundation.β
The acquisition adds new customers and associates as well as warehousing, cross-docking, and trucking capabilities to the ΜΗΠΔ΄«Γ½ Logistics business portfolio along with 27 locations across the United States, Canada and Mexico.
By "Move Ahead" Staff