Logistics Plus Expands Portfolio with LoadDelivered Logistics Acquisition
In a significant move to bolster its North American operations, Logistics Plus, Inc. announced the acquisition of LoadDelivered Logistics, a prominent freight brokerage firm based in Chicago. This strategic acquisition will allow both companies to enhance their transportation management solutions and provide customers with a more comprehensive range of services.
Founded in 2008, LoadDelivered Logistics has consistently earned accolades for its exceptional service and innovative approach in the logistics sector. The firm had previously been recognized as one of the Top 50 Freight Brokerage Firms by Transport Topics in 2018. Its reputation for reliability and strong customer relationships made it an ideal acquisition target for Logistics Plus, a company that shares similar values in terms of customer care and service excellence.
Logistics Plus has been making strides as a leading provider of logistics solutions, with annual global sales nearing $1 billion. The acquisition of LoadDelivered Logistics aligns with its vision of offering holistic transportation management solutions that cater to the growing needs of shippers. From leveraging combined expertise to enhancing technological capabilities, this partnership aims to create a more robust platform that addresses the complexities of modern supply chains.
Yuriy Ostapyak, Chief Operating Officer of Logistics Plus, expressed his enthusiasm about the acquisition, stating, "LoadDelivered Logistics has built a strong reputation for exceptional service and customer care, a culture that resonates with our own at Logistics Plus. By merging our strengths, we can offer shippers even greater coverage, technology, and expertise while maintaining the unique characteristics that each organization brings to the table."
Moreover, Craig Warnhuis, the Director of North American Operations for Logistics Plus, emphasized the strategic importance of this acquisition in navigating complex supply chains, indicating, "This acquisition is a vital step in our commitment to providing customers with reliable and flexible transportation solutions. Together, we will enhance our offerings and ensure growth and stability for our clients."
Continuing as an independent entity, LoadDelivered Logistics will retain its established brand identity while working closely with the Logistics Plus North American Division brokerage team. This collaboration is set to create significant back-office synergies, ultimately delivering superior service to customers.
The acquisition not only expands Logistics Plus's North American footprint but also reinforces its standing in the industry. Enabling clients to overcome transportation challenges more efficiently, the company continues to strive towards its mission of saying "Yes" to every supply chain challenge.
As a top global logistics provider, Logistics Plus's dedication to operational excellence and customer satisfaction is evident. Known for its trademark Passion for Excellence™, the company has consistently garnered attention as one of the fastest-growing private logistics firms globally, with operations spanning over 50 countries.
As the logistics landscape evolves, the partnership between Logistics Plus and LoadDelivered Logistics is expected to significantly impact the industry, creating new options for shippers and enhancing overall service delivery.
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