Reichhold picks Transplace

 
   Third-party logistics firm Transplace has been picked to handle domestic transportation management activities for Reichhold, a North Carolina-based global composites and coating industry manufacturer.
   Under the agreement, Transplace will procure and manage Reichhold’s truckload contracts with carriers and the freight audit and payment activities.
   Reichhold said it expects the agreement to reduce costs, improve visibility, and enhance existing service levels. For Transplace, the move notes a continued expansion into the chemical industry.