Portsmouth, NH and Fernandina, FL: TMSi Logistics 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."