Geodis Wilson has strengthened its position in the US market by taking over domestic transport firm One Source Logistics.
The acquisition is the first step in a strategy of growth in the US.
Jean-Louis Demeulenaere, chief executive officer, said: “Our aim is to, at least, double our freight forwarding business in the US within the coming 5 years, based on external and organic growth.”
The group recently established a 4PL product, employs 1,400 people, and reported revenue of some 750 million euro in its Americas’ region over 2010.
One Source Logistics, based in Minneapolis, has a network of transport, logistics and distribution services throughout the United States, which is now connected to Geodis Wilson’s global freight services.