Rhenus looks to expand in the US with GNL acquisition

By Damian Brett

Source: Rhenus Logistics

Rhenus Logistics Americas has continued to expand its presence in the US through the acquisition of Texas-based forwarder Global Net Logistics.

Rhenus said the move would strengthen the company’s global air and ocean network in the southwest region of the USA and complement the existing Houston branch.

Global Net Logistics provides domestic and international freight forwarding, air and ocean, full truckload, and less than truckload services.

In addition, Rhenus USA will take over the Global Net Logistics 22,500 sq ft warehouse facility located five miles away from Dallas/Fort Worth International Airport (DFW).

“The facility will strengthen the warehouse presence of Rhenus USA in the area, including land bridge and cross-border services between Mexico and the US,” Rhenus said.

Jörn Schmersahl, chief executive of Rhenus Air & Ocean Americas, said: “This is a milestone for Rhenus Logistics Americas as we continue to invest and enhance our presence in the Americas Region.

“This acquisition will provide value and growth to the Rhenus worldwide network and expand our capabilities as we meet with the fast-paced and evolving demands of the supply chain industry.

“Our presence in the southwest region in the USA ample a vast opportunity in the market for Rhenus Logistics Americas, offering a full global network and supplemented air and ocean services to our current and prospective customers.”

 The company said that the Southwest region has historically been one of the fastest-growing regions in the US and is expecting continued growth in the future.

Share this story

Related Topics

Latest acquisitions news

Atlas Air takeover moves ahead after shareholders approval

By Damian Brett

The takeover of Atlas Air Worldwide Holdings took a step forward yesterday when the firm’s shareholders voted to approve the…

Read More

Share this story

Wallenborn acquires stake in Skyroad Logistics

By Rebecca Jeffrey

Air cargo road feeder services (RFS) operator Wallenborn is acquiring a shareholding in Australian RFS firm Skyroad Logistics. The stake,…

Read More

Share this story

Frankfurt-Hahn Airport sale further “delayed”

By Rebecca Jeffrey

The sale of Frankfurt-Hahn Airport Group has been “delayed” but operations are unaffected. Currently in administration, the Group is due…

Read More

Share this story