3PL Transplace does another deal

Leading third party logistics provider Transplace acquired fellow 3PL Logistics Management Solutions in a deal that extends the company’s expertise to chemical and industrial manufacturing.

“Acquiring LMS further supports our commitment and strategic plan to grow Transplace and build a competitive advantage for our company and our customers,” said Transplace CEO Tom Sanderson. “We are pleased to add LMS’s knowledgeable, experienced employees to our workforce. Bringing the LMS team on board allows Transplace to offer more services to its existing customers and to serve an entirely new set of customers, as well as continue to expand our presence in key verticals, such as the chemical industry.”

Established in 1996, LMS offers advanced technology and results-oriented services that help shippers improve their safety, service levels and financial performance, according to Transplace. LMS delivers freight management solutions and transportation savings to a diverse customer base that includes Monsanto and several other Fortune 500 companies.

Transplace is one of the top ten freight capacity brokers in the U.S. and the leading provider of 3PL Transportation Management services across North America. Owned by Greenbriar Equity Group, Transplace generates annual revenues of more than $1.4 billion.

"Joining Transplace positions us to better serve our current customers, allowing us to take advantage of Transplace’s experience and scale along with its award-winning technology and Lean Six Sigma-based processes,” said Dennis Schoemehl, CEO, Logistics Management Solutions.