SALT LAKE CITY, UT (November 2, 2007)
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Salt Lake City based England
Logistics, a wholly owned subsidiary of C.R. England, acquired Trans-Man
Logistics, Inc., based in Taylor, MI.
Trans-Man is a global third party logistics company specializing in
supply chain services and transportation management.
"This is an ideal company to help expand our traffic
management service," said Steven Gadd, England Logistics Vice President.
"Trans-Man's 150 years of combined industry knowledge, strong client
relationships and solid financial history are core strengths we looked for in a
company."
While England Logistics will end
2007 as one of the top 50 logistics companies, it only recently began offering
supply chain consulting and traffic management services. The company only just announced the
acquisition of TMS, Inc., based in nearby Alma,
MI. "England is dedicated to becoming a
leader in third party logistics services and this acquisition will help us
reach that goal," added Gadd.
C.R. England acquired the assets of Trans-Man, Inc., though
terms of the sale were not disclosed. Founded by William Barrett in 1997,
Trans-Man has become known as "the discoverer of hidden profitability". Trans-Man offers a wide range of web-based,
transportation management deliverables in assisting their clients reduce
freight expenses. Trans-Man is unique in
the industry in the fact that they guarantee results: The savings they secure for their clients
will always be greater than the Trans-Man fees - if not, the difference is paid
to the client.
Barrett feels the timing of this acquisition is ideal for a
combination of reasons.
"The recent
acquisition activity taking place in the market makes it more difficult to
compete with those companies offering a larger menu of opportunities for
customers," Barrett said. "Our goal is to be the best, and England's size
helps us achieve that goal. It makes us
more efficient and provides a larger menu of services to our customers".
C.R. England is a family-owned
refrigerated transportation business headquartered in Salt Lake City, UT. Besides the truckload service currently
provided by their 3400 trucks and 5400 reefers, they also specialize in full
truckload brokerage, traffic management, refrigerated intermodal, international
distribution, container hauling, and dedicated contract carriage. Call 866.917.7594 or visit www.crengland.com
for more information.