Financial terms of the deal involving West Springfield, Mass.-based Polonez Parcel Shipping and Universal Trucking Service were not disclosed. Private equity investor Ernst Jacquet and Marion Investment Partners were part of the acquisition.
Polonez and Universal Trucking have long provided package consolidation services from around the United States to 31 European countries. Nightingale will serve as the new company’s president and chief executive officer.
“The company is a market leader in our niche and well positioned to expand in our core European market as well as other markets around the world,” said Nightingale, who until early 2016 was vice president of transportation logistics at FedEx’s GENCO and most recently an independent industry consultant.
“Through a broad network of U.S. and European agents, we serve consumer-to-consumer shippers who are price sensitive and are satisfied by the extended time-in-transit that comes with air and ocean consolidation,” he added.
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