Roadlink USA, a Chicago-based intermodal logistics company backed by Fenway Partners, has acquired West Coast Trucking, a Seattle-based intermodal trucking service provider. No financial terms were disclosed.
PRESS RELEASE
RoadLink, the largest private independent Intermodal Logistics service provider in
With major operations centers in
“The acquisition contributes to the strategic expansion and direction of RoadLink as we continue to look for opportunities for growth on the West Coast and across North America,” said Munro. “With this transaction, we're adding a great regional staff, expanding services into and out of Canada and building upon our established capabilities and leadership throughout the North American market. Customers will benefit from the great synergies that result from our acquisition of WCT, being able to select from either a single comprehensive, end-to-end solution or individual best-of-breed services, depending on their specific circumstances and requirements.”
WCT shares RoadLink's emphasis on technology, aimed at enhancing efficiency and customer service in all aspects of operations, and follows a solution-based business model that is similar to RoadLink's structure. These common attributes facilitate the integration of WCT's operations into RoadLink, yielding additional operating efficiencies.
The expansion of RoadLink offers further opportunity to increase market share and improve profitability in the competitive transportation and logistics market. According to WCT Owner and General Manager Dan Gatchet, the acquisition will deliver unmatched offerings to WCT customers.
“Our customers will quickly see the benefits of being served by North America's leading intermodal transportation and warehouse service provider. RoadLink's ability to take complex intermodal and materials handling challenges and turn them into customer opportunities that will help spur their business growth is unmatched,” said Gatchet. “Likewise, this strategic transaction ultimately gives our employees the opportunity to be a part of a company that is setting new standards of performance in our industry.”
Following conclusion of the transaction, Gatchet will join RoadLink as Area manager of the company's Pacific North Area and WCT will be officially rebranded as RoadLink to fully harness the power of this acquisition for customers.
About West Coast Trucking
WCT, headquartered in Seattle, Wash., is a premier provider of domestic and international intermodal trucking services in the Pacific Northwest region of the United States and Canada. With major operations centers in Seattle and Portland, Ore., the company operates under an asset-light business model, with 100 percent of WCT's 70 truck capacity provided by owner-operators under lease to the company. Visit www.wct-inc.net for further information.
About RoadLink
RoadLink is North America's largest, privately-held Intermodal Logistics provider. The company provides customers with a unique combination of value-added services, including capabilities in logistics planning, asset management, intermodal transportation, integrated transportation and distribution solutions, and warehouse/freight handling. RoadLink's resulting “IntermodaLogistics” solutions enable customers to utilize the company's more than 60 Service Centers, 50 on-site customer locations, 2,000 vehicles and more than 5,000 Associates and Independent Contractors to capitalize on market opportunities and solve market challenges. Headquartered in Atlanta, RoadLink is owned by Fenway Partners Inc., a private equity firm based in New York that partners with management to create companies with strong strategic positions and significant opportunities for growth in the Logistics and Consumer sectors. For more information about RoadLink, visit www.roadlink.com. Additional information about Fenway Partners is available at www.FenwayPartners.com.
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