Yusen Logistics (Europe) BV has announced the acquisition of Transfreight Automotive Logistics Europe. Yusen asserts that both companies offer expertise in cross-docking, transportation and manufacturing plant logistical support and operations, but with complementary regional scope.
Ian Veitch, CRO Yusen Logistics Europe, commented: “This business offers an excellent fit for Yusen Logistics, with shared customers and service offer, but with a regional focus which complements Yusen’s infrastructure. Customers from both our companies will benefit from the combined organisation’s industry expertise and broad based supply chain solutions, as well as new team members.”
This expanded infrastructure will enhance Yusen’s existing automotive network capability by adding key network consolidation points in Western Europe, as well as multi-modal possibilities running between Northern and Southern Europe. In particular, the acquisition boosts Yusen Logistics’ footprint and skill base in Northern France, an area where many automotive tier one suppliers and OEMs are located.
Yusen Logistics’ automotive network extends across Europe, and currently handles in excess of 6m cu m or 1.3m tons of materials per year on behalf of leading OEMs and tiered suppliers in Europe.
Source: Yusen Logistics