Neovia Logistics announced it has entered into a five-year agreement with BMW of North America to provide labour services for the automaker’s US regional parts distribution centres in Stockton, CA and Minooka, IL. Beginning on January 1, 2016, Neovia commenced working with the company’s aftermarket parts and dealer services business segment.
Steve Larson, Interim CEO and member of the executive board said of the deal, “Neovia is excited to be awarded this contract and to work with a world-class company like BMW,” adding “We intend to deliver exceptional services to BMW, leveraging our in depth industry knowledge and expertise.”
Neovia was founded as Caterpillar Logistics in 1987, a wholly owned subsidiary of Caterpillar Inc., and spun out from Caterpillar in 2012 to become a stand-alone contract logistics provider.
