Jean-Louis Demeulenaere, chief executive officer of Geodis Group, said the company is seeking to double its freight forwarding business in the United States within five years through a combination of external and organic growth.
'Taking over One Source Logistics is a first step in the company's growth strategy in the U.S.,' said Philippe Gilbert, executive vice president at Geodis Wilson.
'This acquisition is a strategic fit to Geodis Wilson,' said John Gallahan, regional vice president Geodis Wilson Americas. 'One Source Logistics significantly strengthens our capabilities and not only accelerates the growth of our U.S. domestic product offerings, but also with cross-border trucking throughout North America.'
The company said acquiring One Source will give Geodis Wilson new access to a broader local distribution network and enhance its inland and final mile delivery services.
One Source Logistics offers specialized domestic transportation services with a focus on full truckload and less-than-truckload delivery with nationwide network of transportation, logistics and distribution services throughout the United States.
'We are also specialized in time critical deliveries and mission critical deliveries for the retail industry,' said Mike Tillges, former president of One Source Logistics who will become director of U.S. domestic supply chain for Geodis Wilson.
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