Geodis expands drayage offering with acquisition of Southern Companies in US

Geodis trucks Credit Geodis

Credit Geodis

By LoadstarEditorial

24/05/2023

PRESS RELEASE

GEODIS, a world leader in transport and logistics, announced today it has acquired Southern Companies, a leading drayage provider based in the U.S. that handles all phases of the import and export process. The acquisition enhances GEODIS’ end-to-end supply chain capabilities across the U.S., further strengthening its position as one of the world’s leading providers of logistics services.

Southern Companies is a family-owned business founded in Miami in 1965 and has moved more than 1 million containers. ...

Comment on this article

You must be logged in to post a comment.

Topics

Geodis M&A

Most read news

Freightmate 'a product of theft, not ingenuity' says Flexport

China hits out at Hutchison plan to sell Panama port holdings to MSC

Liners plan more rate hikes to halt renewed container spot rates decline

TPM: Forwarders need 'clout' to survive as the ocean carriers move in

Resumption of Suez transits in doubt after return of Red Sea hostilities

Maersk vessel forced to omit Cape Town as congestion mounts

Maersk in firing line over 'abandoned container' in Africa

Gemini carriers cut back loading allocations on challenging southern India trade

US CBP sees 90% fall in revenue last month; airfreight sees ecomm slide

Gemini schedule reliability falls below 90% target for the first time

Cyber-attacks a bigger threat to cargo owners than cargo ships

Hutchison megadeal reveals dark side of container shipping

'Supply Chain Wayne' tells the tale of Connor the Container

Nuclear-powered box ships the aim for US/SKorea partnership

Forever 21 blames bankruptcy on de minimis exemption

SF Airlines expands, while sister Kerry Logistics is set to lose its name