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Logistics Plus Buys LoadDelivered Logistics
Logistics Plus, a third-party logistics provider based in Erie, Pennsylvania, is set to acquire LoadDelivered Logistics, a freight brokerage located in Chicago. This acquisition will enable LoadDelivered to maintain its brand while integrating with Logistics Plus’ North American brokerage team. Notably, both companies share a culture of exceptional service and customer care, which is reflected in the comments of Logistics Plus COO Yuriy Ostapyak.
The merger is expected to enhance Logistics Plus’ capabilities, specifically by doubling its truckload operations. This will allow the company to offer shippers enhanced coverage, technology, and expertise. More than 100 LoadDelivered employees, including its management team, will continue with the company post-acquisition, ensuring continuity in operations and service quality.
With about 1,400 global employees and 40 warehouses covering over 10 million square feet, Logistics Plus is ranked 80th among North American logistics companies. The acquisition is poised to strengthen Logistics Plus' position in a competitive marketplace by creating a more robust platform that caters to the complexities of modern supply chains.
From a transportation industry perspective, this acquisition illustrates a significant trend where larger logistics firms seek to bolster their service offerings through strategic mergers and acquisitions. As the sector continues to evolve with increasing demand for reliable and flexible transport solutions, such consolidations enable companies to enhance their service portfolios, streamline operations, and maintain a competitive edge in the market. The move reflects an industry shift toward interconnected logistics networks that prioritize customer-centric approaches while harnessing technological advancements.
The merger is expected to enhance Logistics Plus’ capabilities, specifically by doubling its truckload operations. This will allow the company to offer shippers enhanced coverage, technology, and expertise. More than 100 LoadDelivered employees, including its management team, will continue with the company post-acquisition, ensuring continuity in operations and service quality.
With about 1,400 global employees and 40 warehouses covering over 10 million square feet, Logistics Plus is ranked 80th among North American logistics companies. The acquisition is poised to strengthen Logistics Plus' position in a competitive marketplace by creating a more robust platform that caters to the complexities of modern supply chains.
From a transportation industry perspective, this acquisition illustrates a significant trend where larger logistics firms seek to bolster their service offerings through strategic mergers and acquisitions. As the sector continues to evolve with increasing demand for reliable and flexible transport solutions, such consolidations enable companies to enhance their service portfolios, streamline operations, and maintain a competitive edge in the market. The move reflects an industry shift toward interconnected logistics networks that prioritize customer-centric approaches while harnessing technological advancements.
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