“By utilizing the strengths of both Bookbridge and Clark, we believe that we are well placed to meet the demands of shippers engaged in the transportation of books and printed matter,” said Kevin Stevens, chairman of the Woodland Group.
In May, Global Logistics Acquisition Corp. announced a deal to acquire Clark for $75 million. It expected to wrap up the deal in the third quarter of this year.
Global described Clark as the largest independent provider of domestic newsstand magazine distribution services, and the largest consolidator of U.S. magazines for export.
Clark and Woodland said they would initially focus on trade between the United Kingdom and United States, and join forces to share resources such as warehousing facilities, marketing systems, personnel and management expertise.
Clark said it would relocate some of its U.K. staff to Woodland’s Hayes facility, and Woodland would employ additional staff to process the joint import and export cargo.
“Major clients have already pledged their support to the alliance,” Woodland said. “The international magazine trade is seen as an important area of growth for Bookbridge.”
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now