George Logistics continued its strong growth through an emphasis on new customers, enhanced its reporting capabilities, instituted data-driven management controls, refined its strategy to optimize revenue across the organization rather than managing facility-by-facility, and opened a new distribution facility. Post-Transactionįollowing Long Point Capital’s investment, St.
George and working with Long Point to transition to a new management team. George through a leveraged recapitalization structure, where the owner of the Company monetized the majority of the illiquid value contained in the business, while continuing to retain a significant ownership interest in St. The Company operates 11 facilities strategically located in close proximity to the nation's largest ports and metropolitan areas including California, New Jersey, Texas, South Carolina, Georgia, New York, and Illinois. George Logistics is an asset-light third party logistics provider of Container Freight Station (“CFS”) related services and value-added warehousing and distribution services. Wind Point is an active investor in transportation, logistics and route-based businesses, with select prior investments including Dicom Transportation, A&R Logistics, American Trailer Rental Group, Valicor Environmental Services and AIR-serv.St. STG’s acquisition strategy will continue to focus on acquiring leading freight solution providers with complementary footprints and services. “We are excited to welcome them to the STG family and look forward to continuing to support API’s customers with CFS services going forward.”ĪPI’s CFS division represents the ninth acquisition for STG since partnering with Wind Point in 2016. “We have admired API’s CFS business and their team for some time,” commented Geoff Anderman, President and CFO of STG. customs bonded warehouses in North America.” API’s CFS division is an important addition to the STG platform as we continue to strengthen STG’s position as the largest network of U.S. Konrad Salaber, Managing Director at Wind Point, commented, “Growth via acquisition remains a prominent component of our strategy for expanding STG’s scope and scale. “The acquisition of API’s CFS division further expands our capacity and presence in the critical ocean freight corridor of New York and New Jersey,” commented Paul Svindland, CEO of STG. "API’s CFS division is an important addition to the STG platform as we continue to strengthen STG’s position as the largest network of U.S. STG operates the largest network of independent CFS facilities in North America, handling ocean and air cargo in close proximity to all major ports and metropolitan areas. George Logistics, AZ CFS, Extra Express, Channel Distribution, Neutralogistics, Freight Force, Summit NW and Veeco. The business has scaled meaningfully through a dedicated strategic acquisition program focused on acquiring leading logistics services companies including St. Searches: st george cfs tracking, st george warehouse tracking. in Short form, Bill of lading number also called as BOL Number or BL Number or B/L Number. STG is a market-leading asset-light provider of ocean and air CFS, contract logistics, and highly complementary customized transportation services. It’s supporting both Domestic and International St George tracking. STG Los Angeles handles approximately 30 of all consolidated cargo coming into the LA and Long Beach ports. gateways for international trade and commerce and two of the busiest ports in the world. Arrowpac’s CFS leadership, including Dennis Murphy and Robert Polanco, will join the STG team and serve in critical roles in STG’s New York/New Jersey CFS operations post-closing. STG Logistics opened a CFS in 1989 to serve the Ports of Los Angeles and Long Beach, the premier U.S. API will retain ownership of its NVOCC and related distribution and transportation businesses post-close. Status : Not Available Items in red below must be cleared prior to pickup.
St george cfs free#
Downers Grove, IL, J– STG Logistics, Inc (“STG”), a portfolio company of Wind Point Partners (“Wind Point”), today announced the acquisition of the New Jersey Container Freight Station division of Arrowpac International, Inc (“API” or the “Company”), a leading provider of ocean import container freight station (“CFS”) services in the New York and New Jersey region. Location: N/A Container Number: N/A: Master Bill of Lading: AMS HBL Number: House Bill of Lading: Customer Reference: Tracking Number: Pieces (Man/Rec/Plt) / / PLT: Weight: Lbs: Volume: CBM: Headload: No: Free Time Expires: Cargo Description: Pick Up Requirements.
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