Yusen Logistics acquires Transfreight Automotive Logistics Europe
Feb 02, 2017: Yusen Logistics (Europe) BV has acquired Transfreight Automotive Logistics Europe to boosts its footprint and skill base in Northern France, an area where many automotive tier one suppliers and OEMs are located.
The Transfreight business dovetails well with Yusen Logistics’ pan European automotive offering. Both companies offer industry leading 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.
Yusen Logistics’ automotive network extends from Poland to Portugal; Ukraine to UK, and currently handles in excess of 6 million cubic metres or 1.3 million tonnes of materials per annum on behalf of leading OEMS and tiered suppliers in Europe.