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Yusen Logistics Announces Strategic Acquisition Of Taylored Services To Accelerate Contract Logistics Capabilities In The U.S.

PRIVATEMar 01, 2023

Acquiring Company

Yusen Logistics

Acquired Company

Taylored Services

Supply Chain ManagementLogisticsTransportationSupply Chain ManagementLogistics

Description

Yusen Logistics, a leading global supply chain provider, announced that it has acquired ownership of Taylored Services, a U.S. multichannel 3PL fulfillment organization. The deal expands Yusen Logistics' Contract Logistics Group's warehouse network in key distribution areas of the United States and further strengthens its end-to-end supply chain portfolio with specialized services, such as omnichannel retail, wholesale, and e-Commerce fulfillment.

Quick answer

Yusen Logistics is acquiring Taylored Services, announced March 1, 2023.

How much did Yusen Logistics pay for Taylored Services?
The deal value was not disclosed.
What does Yusen Logistics do?
Yusen Logistics is a leading global supply chain company providing ocean and air freight forwarding, warehousing, distribution services, and supply chain management.

Source: Fundz verified event record.

Other recent acquisitions in Supply Chain Management and Logistics

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Company Information

Company

Yusen Logistics

About

Yusen Logistics is a leading global supply chain company providing ocean and air freight forwarding, warehousing, distribution services, and supply chain management. The company offers logistics services and consulting for optimal supply chain development, including end-to-end supply chain management, with Kaizen-based performance improvement. Utilizing a network of more than 631 offices in 47 countries and regions worldwide, more than 24,000 employees provide optimal solutions to customers' diverse and complex supply chain demands. Yusen Logistics (Americas) Inc. has 1900 employees and 40 operational sites in the United States, with over 5 million square feet of warehouse capacity. www.yusen-logistics.com

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Frequently asked

Who acquired Taylored Services?

Taylored Services was acquired by Yusen Logistics. The deal was reported on March 1, 2023. Yusen Logistics is a leading global supply chain company providing ocean and air freight forwarding, warehousing, distribution services, and supply chain management. Yusen Logistics is privately held and operates in Supply Chain Management.

When did Yusen Logistics acquire Taylored Services?

Yusen Logistics's acquisition of Taylored Services was reported on March 1, 2023. Yusen Logistics, a leading global supply chain provider, announced that it has acquired ownership of Taylored Services, a U.S. multichannel 3PL fulfillment organization. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Taylored Services do?

An Edison, New Jersey-based company founded in 1992, Taylored Services has grown to become a multichannel logistics provider offering fulfillment, warehousing, and transportation services, drayage, and transloading. It is privately held, operating in Transportation.

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