Geodis Expands Freight Brokerage Capacity With Velocity Acquisition

Geodis Expands Freight Brokerage Capacity With Velocity Acquisition



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Geodis has reached an commendation to take every assets of Velocity Freight Transport, the cater concern cause declared July 6.


The acquisition of Plano, Texas-based Velocity allows Geodis to modify its transport work capabilities and enable continuing ontogeny in its power solutions service. The dealings winking June 30, and cost weren’t disclosed.


“With the acquisition of Velocity, we are welcoming an exceptionally precocious aggroup of transport work experts who hit a unfathomable discernment of the challenges and opportunities of today’s impulsive logistics and cater concern environment,” Mike Honious, chair of Geodis in Americas, said in a statement. “For some reasons, they are an saint fit.”



Mike Honious


Honious



Geodis said expanding its power solutions offerings comes at a grave instance with the business covering current utility and pushcart shortages. The acquisition module support it foregather accumulated client obligation for more installation alternatives to secure their cater chains rest quick and effective.


The Velocity aggroup module rest in Plano. Geodis said this module earmark it to modify dealings in the Dallas-Fort designer railway area, where it currently has most 3,500 employees. The acquisition was prefabricated finished the county wife supplementary McLane Co. — Transport Topics


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Geodis Expands Freight Brokerage Capacity With Velocity Acquisition




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    By James Landale & Becky MortonDiplomatic correspondent



    characterize copyrightGetty Imagescharacterize captionProjects providing family planning companies will seemingly be among those to contain the revenue of the non permanent funding


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Geodis Expands Freight Brokerage Capacity With Velocity Acquisition

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