complete their merger
Feb 14, 2013 9:56 AM
Greatwide Logistics Services LLC and Cardinal Logistics Management Inc announced the successful completion of a merger of the two companies, creating a logistics organization offering a service platform with annual revenues in excess of $1 billion.
This combined company’s dedicated contract carriage and delivery division will have one of the largest, most diverse dedicated fleet operations in the nation. It will be positioned to provide industry-leading capabilities with more than $850 million in annual revenue, 5,000 drivers, 125 operating locations and expertise across multiple industries, including grocery, bulk food, retail, metals, and building products.
The combined company will continue to offer highly customized, value-added irregular route truckload, less-than-truckload, full-service freight brokerage, managed transportation, and warehousing services across the United States and Canada.
John Tague, chairman and chief executive officer of the combined company, said, “We are excited that this transaction creates an industry-leading logistics company that is supported by a strong customer base, experienced management team, best-in-class company drivers and owner-operators, and a differentiated technology platform that enables creative, low-cost solutions for our customers.”
Greatwide Logistics Services is a Dallas TX- based privately held third-party logistics provider serving the United States and Canada. It offers an integrated service platform including dedicated, irregular route truckload, less than-truckload services, full-service truckload brokerage, warehouse-based logistics, and managed transportation services. Greatwide is the largest for-hire provider of dedicated refrigerated transportation in the United States.
Headquartered in Concord NC, Cardinal Logistics Management is one of the nation’s leading dedicated transportation system providers. Its logistics experts work directly with clients to optimize their supply chains by developing and implementing customized transportation systems including specialized equipment and handling, and integrated technology. Cardinal’s services include dedicated contract carriage, home and job site delivery, life sciences logistics, bulk transport, transportation management, supply chain consulting, SaaS solutions, warehousing, and distribution.
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