Transplace buys Yusen's intermodal/freight brokerage group
Transplace, a North American non-asset based logistics technology and transport management service provider owned by TPG Capital, has acquired Yusen Logistics (Americas) intermodal marketing company/over-the-road freight brokerage group.
This acquisition expands Transplace’s geographic footprint and intermodal network, as well as complements the company’s mission to deliver transport management, intermodal, brokerage, and cross-border trade management services to shippers.
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. Transplace’s customer base includes manufacturers, retailers, chemical and consumer packaged goods companies. (mw)