TMSi Logistics Announces Acquisition of Griffin Global Logistics
PORTSMOUTH, N.H. and FERNANDINA, Fla., Aug. 24, 2011 /PRNewswire/ -- TMSi Logistics, a leading distribution, technology, and integrated logistics provider, is pleased to announce the acquisition of Griffin Global Logistics, a third-party global supply chain company that offers international and domestic transportation, customs brokerage and compliance, supply chain management, multi-client warehousing and distribution, and information technology services.
This acquisition will enable TMSi Logistics to increase exposure and market share in the West Coast region, and will provide more opportunities to serve the supply chain needs of Fortune 500 companies. Griffin Global Logistics has an excellent reputation for providing customized solutions in the high-tech electronic, aftermarket automotive, industrial supplier, sporting goods, and apparel industries. Through the acquisition, TMSi Logistics will now have a greater network of resources to solve customers' tactical logistics issues. Specifically, the acquisition will enhance TMSi Logistics' multi-client warehousing services, technology solutions and add international transportation and related global services to their service portfolio.
Ron Cain, Chairman and CEO of TMSi Logistics, states "This acquisition is expected to facilitate TMSi's entry into new markets and participation in international transportation bids. Griffin shares our unwavering dedication to achieving and maintaining a values-driven, performance-based culture that delivers results, and we look forward to the success that the partnership will bring to both companies."
According to Russ Romine, President of Griffin Global Logistics, "Griffin has and continues to be a reliable and trustworthy multi-facility global third-party logistics solutions provider. The recent acquisition further demonstrates the commitment of both companies to continuing growth, including both domestic and international expansion."
About Griffin Global Logistics
Established in 1975 and based in Reno, Nevada, Griffin Global Logistics is a third-party supply chain company that provides a full range of international supply chain logistics services designed to meet the needs of companies engaged in global trade.
Griffin Global Logistics specializes in developing innovative, information-based logistics solutions to add value to its clients' business operations with a focus on reducing client costs, improving service and streamlining the entire supply chain. Griffin continues to expand its operations locally, domestically and internationally by focusing on personal service and tailored solutions with a global reach. For more information, call 800.361.5028 or visit www.logisticsgriffin.com.
About TMSi Logistics
TMSi Logistics is a leading distribution, technology, and integrated logistics provider recognized by Inbound Logistics as a Top 100 3PL Provider, by Inc. Magazine as one of the 5000 Fastest Growing Companies in America, and as a Supply & Demand Chain Executive 100 Provider.
For 25 years, TMSi Logistics has differentiated itself based upon performance, relying on its proprietary LEGACY® training and measurement program. LEGACY® drives the TMSi Logistics performance-based culture which consistently delivers sustainable, year-over-year cost savings for its customers. TMSi Logistics works with clients to design, engineer, and execute multi-dimensional organization plans and has assisted in the creation of world-wide supply chains. For more information, call 603.792.2205 or visit www.tmsilog.com.
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Ron Cain
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SOURCE TMSi Logistics
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