Schneider Logistics Announces Pending Acquisition
published: cw 26, 2005 in Mergers & acquisitionsSchneider Logistics, Inc., an international lead logistics provider and part of the Schneider National enterprise, announced that it has signed a definitive agreement to acquire American Port Services, a U.S. provider of port transloading/deconsolidation, warehousing, and distribution services. Upon completion, Schneider will have a significant presence in major U.S. ports and will be the first national full truckload provider to offer transloading services.
Adrian Gonzalez, ARC Advisory Group, commented, “As highlighted in ARC’s recent market study on the 3PL industry, Logistics Service Providers must reexamine and redefine their role and value proposition in this global environment. There is a lot of variability and ‘visibility gaps’ in managing global supply chains, because there are many parties involved with relatively poor interoperability of processes and systems. The coming together of Schneider Logistics and APS is indicative a larger trend occurring in the 3PL industry, namely the consolidation of control over greater portions of the end-to-end global trade process. By consolidating control and resolving interoperability issues, logistics service providers like Schneider aim to provide clients with more reliable and consistent services which ultimately translate into lower costs, shorter cycle times, and improved flexibility.”
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