DALLAS – Transplace, a provider of transportation management services and logistics technology, has acquired Yusen Logistics (Americas) Inc.’s intermodal marketing company/over-the-road freight brokerage group. This acquisition expands Transplace’s North American intermodal capabilities. Terms of the transaction were not disclosed.
A subsidiary of Nippon Yusen Kaisha, Yusen Logistics (Americas) Inc. is a global logistics and transportation provider with offices in 44 countries and regions.
Owned by TPG Capital, Transplace is the largest managed transportation service provider in North America, and generates gross revenue in excess of $3.0 billion from more than 1,000 customers.
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.