GEODIS has announced that it has received the regulatory approvals and officially completed the acquisition of OHL (Ozburn-Hessey Logistics) based in Nashville, Tennessee (USA). OHL is one of the leading 3PL companies in the US, with annual revenue in excess of €1.2 billion. This acquisition is effective from 3 November. The combined structure will generate a consolidated annual turnover of over €8 billion with more than 38,000 employees and 165,000 customers. With around 400 logistics … [Read more...] about GEODIS completes acquisition of US-based OHL
Geodis
GEODIS completes acquisition of US-based OHL
GEODIS has announced that it has received the regulatory approvals and officially completed the acquisition of OHL (Ozburn-Hessey Logistics) based in Nashville, Tennessee (USA). OHL is one of the leading 3PL companies in the US, with annual revenue in excess of €1.2 billion. This acquisition is effective from 3 November. The combined structure will generate a consolidated annual turnover of over €8 billion with more than 38,000 employees and 165,000 customers. With around 400 logistics … [Read more...] about GEODIS completes acquisition of US-based OHL
GEODIS acquires US third-party logistics provider OHL
GEODIS, the European supply chain operator owned by French rail company SNCF, has sealed the deal to buy US-based third-party logistics provider Ozburn-Hessey Logistics (OHL). OHL operates more than 120 distribution centres in North America with over 3.35 million sqm of warehouse space and has a turnover of €1.2 billion. OHL has a core competency in direct-to-consumer fulfilment, specialising in apparel, electronics, healthcare, food and beverage, and consumer packaged goods. The firm is … [Read more...] about GEODIS acquires US third-party logistics provider OHL
Geodis appoints Indian sales head
Geodis India has appointed Martijn Tasma as its national sales manager, with responsibility for sales and the market development of its freight forwarding and logistics business in the country. Tasma's main priorities in his new role will be to strengthen and increase the company's trade lane activities, particularly with a focus on Brazil, China and the USA. He brings over 14 years of experience in the industry to his new position, and has worked for Geodis since 2006. Managing director … [Read more...] about Geodis appoints Indian sales head
Geodis enjoys healthy growth
French-based logistics provider Geodis said that it had returned to strong growth in the first half of 2010. Together, recent acquisitions and organic growth drove a 37.1 per cent (€841.6 million) increase in revenue to €3,112.6 million. It also pointed to higher air and sea freight volumes, notably between Asia and Europe, which lifted revenue in the first half. The start-up of new contract logistics projects and a slight upturn in the automotive industry business also contributed … [Read more...] about Geodis enjoys healthy growth
