Schneider Acquires Port Service Company With Operations in Six Major U.S. Ports
Schneider Logistics Inc., Green Bay, Wisc., announced Friday that it has signed a definitive agreement to acquire American Port Services, a U.S. provider of port transloading/deconsolidation, warehousing, and distribution services
Schneider Logistics Inc., Green Bay, Wisc., announced Friday that it has signed a definitive agreement to acquire American Port Services, a U.S. provider of port transloading/deconsolidation, warehousing, and distribution services.
This significant presence in major U.S. ports and will make Schneider the first national full truckload provider to offer transloading services.
"Linking the inland truckload/deconsolidation, intermodal and third party capacity of Schneider National with American Port Services' transloading and port dray operation will create a unique 'port-to-door' import logistics service," said Chris Lofgren, president and chief executive officer of Schneider National.
American Port Services President George Powers will continue to lead the Savannah, Georgia-based organization once the acquisition is finalized. Closing of the purchase agreement is expected to occur within the next 60 days.
According to Tom Escott, president of Schneider Logistics, the company will retain the American Port Services name and will conduct business as a wholly-owned subsidiary of Schneider Logistics.
American Port Services has operations in six locations: Savannah, Norfolk, Charleston, Houston, Seattle and Long Beach. The company currently employs 800 people and provides services to some of the premier companies in the world.
For more information about Schneider Logistics, go to www.schneiderlogistics.com or call (800) 525-9358.
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