Transplace and Celtic International merge businesses

Transplace and Celtic International have combined businesses. The combined company has revenue in excess of $1bn and a presence in transportation management, logistics technology, intermodal services and truck brokerage.

Tom Sanderson, Transplace CEO said: "We are excited about this strategic combination of our businesses. We see enormous growth opportunities in intermodal transportation as truckload capacity tightens and fuel prices remain high. We also expect to find opportunities for the current Transplace customers with Celtic offerings as well as offering Transplace’s logistics solutions to certain Celtic customers."

Richard Hyland will remain President of Celtic, which will become a stand-alone division of Transplace. Tom Sanderson will lead the combined entity as CEO.

All of the Celtic senior management team are joining and investing in the combined entity, and Richard Hyland will join the Transplace board of directors.

Quelle: eyefortransport
Portal: www.logistik-express.com

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