Port Logistics Group Acquires Pacific Distribution Services, Inc.

HOUSTON, Jan. 8, 2013 /PRNewswire/ -- Port Logistics Group, the nation's leading provider of gateway logistics services, today announced that it has completed the acquisition of Pacific Distribution Services, a regional warehousing and transportation provider serving the ports of Seattle and Tacoma.  The acquisition adds 600,000 square feet of multi-client warehouse space and several new national retail clients to Port Logistics Group's U.S. gateway logistics presence.

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"Pacific Distribution Services is a well-respected and well-run warehouse operator with a great client base and an experienced leadership team," said Bob Stull, CEO of Port Logistics Group.  "They've been a long-term partner of ours, and we're very pleased to add them to Port Logistics Group.  They fit our acquisition growth model of adding strong, regional providers with knowledge and experience of their local port operations."

Dale Scott, the former President and Owner of Pacific Distribution Services, will continue to lead his team as the General Manager of the Seattle/Tacoma gateway for Port Logistics Group.  "We believe this change is very positive for our customers, as we can combine the personal service and local knowledge they've come to expect with the size, scope and national footprint of Port Logistics Group."

Pacific Distribution Services provided warehousing, distribution, transportation, and value-added logistics services for over 60 years to customers in the Seattle/Tacoma port region.  Its client base of national retailers and retail manufacturers includes companies in the apparel, footwear, housewares, furniture and coffee business.

With the addition of more than 600,000 square feet of distribution space in two facilities in Sumner, WA, Port Logistics Group now operates over four million square feet of distribution space in key gateway locations around the country.

ABOUT PORT LOGISTICS GROUP:
Port Logistics Group is the nation's leading provider of gateway logistics services, including value-added warehousing and distribution, transloading and cross-docking, vendor consolidation and national transportation.  With more than four million square feet of warehouse space strategically located in and around major North American ports, Port Logistics Group provides the critical link between international transportation and the "last-mile" supply chain.  The company was formed in 2008 through the acquisition and integration of three leading regional logistics providers, and is backed by Austin Ventures, a $3.9 billion venture capital firm that provides start-up and growth capital for emerging companies.

SOURCE Port Logistics Group

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