PWC acquiet Geologistics, et Estes Ewpress acquiert GI trucking

Estes Express a acheté California-based G.I. Trucking ( Los Angeles-based carrier G.I. Trucking, effectively expanding Estes’ U.S. territory to provide service to 46 states, coast to coast.)

Voir : http://www.estes-express.com/
(Données Estes avant acquisition
Total Number of Employees :10,027
Total Number of Drivers: : 5,093
Fleet Information (Straight Trucks, Line-Haul Tractors, Sleepers, etc.):
Power Equipment Total: : 4,589
Trailers (28'-57'): : 14,637
Estes Express Revenue (2003): $864,800,000
Total Number of Estes Terminal Facilities: : 111
Total Number of States Served by Estes Express :33)
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PWC Logistics to acquire GeoLogistics
PWC Logistics and GeoLogistics have entered into a definitive agreement under which PWC Logistics will acquire GeoLogistics for approximately US$454 million.

(7/18/2005)

GeoLogistics’ senior management team will remain in place under PWC Logistics’ ownership, and no material organisational changes are expected as a result of the acquisition.

With over 10,000 employees in more than 100 countries worldwide, the combined group will generate revenues in excess of US$3 billion.

Voir : http://www.pwclogistics.com/
et : www.geo-logistics.com

About PWC Logistics
PWC Logistics is a global provider of end-to-end supply chain solutions. Through its network of warehousing facilities and transportation and freight management services, PWC Logistics provides its customers with flexible solutions tailored to meet their business needs. PWC Logistics’ customers span a wide range of industries, including apparel and footwear; automotive; consumer and industrial electronics; consumer packaged goods; engineering and construction; exhibits and entertainment; food and grocery; governmental and military organizations; and oil and petrochemicals.

PWC Logistics is traded on the Kuwait Stock Exchange, ticker symbol WARE. For more information about PWC Logistics, please visit www.pwclogistics.com.

About GeoLogistics
GeoLogistics Corporation is a global leader in non-asset based logistics, with an extensive network of operations in nearly 100 countries around the world. GeoLogistics offers its customers a broad range of freight management and customized solutions backed by a single, company-wide IT system. With experienced and dedicated people, GeoLogistics meets customers’ specific local logistics needs on a truly global basis. GeoLogistics combines more than 150 years of history with the latest technology and practices. More information may be obtained at the Company’s website at www.geo-logistics.com.
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