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Geodis acquires Miami drayage firm

Acquisition of Southern Companies adds to Geodis’ presence in Southeast

Geodis acquires Southern Companies (Image: Geodis)

French transport and logistics company Geodis said Tuesday that it has acquired U.S. drayage provider Southern Companies, a Miami-based company that serves seven Southeast ports.

The acquisition, terms of which were not disclosed, beefs up Geodis’ operations in the region. More than 80 Southern employees are expected to join Geodis.

Geodis currently operates 150 warehouses in the Americas, with 50 million square feet in the U.S. alone.

The acquisition “represents an important addition to Geodis as we continue to strengthen and grow our capabilities, our team and our client roster throughout the U.S.,” said Mike Honious, president and CEO of Geodis’ Americas operation. “Southern has been a leader in drayage services, from warehousing to trucking, for nearly six decades and operates in ports that are critical to our clients.”

Last August, Geodis bolstered its U.S. e-commerce last-mile capabilities by acquiring Need It Now Delivers, a provider of final-mile delivery and omnichannel logistics. 

Mark Solomon

Formerly the Executive Editor at DC Velocity, Mark Solomon joined FreightWaves as Managing Editor of Freight Markets. Solomon began his journalistic career in 1982 at Traffic World magazine, ran his own public relations firm (Media Based Solutions) from 1994 to 2008, and has been at DC Velocity since then. Over the course of his career, Solomon has covered nearly the whole gamut of the transportation and logistics industry, including trucking, railroads, maritime, 3PLs, and regulatory issues. Solomon witnessed and narrated the rise of Amazon and XPO Logistics and the shift of the U.S. Postal Service from a mail-focused service to parcel, as well as the exponential, e-commerce-driven growth of warehouse square footage and omnichannel fulfillment.