Warehousing and third-party logistics provider Warehouse Services Inc. (WSI) has acquired Total Logistics Inc. (TLI).
TLI provides final-mile logistics, brokerage and value-added warehousing throughout the Midwest and mid-Atlantic. The Oakdale, Minnesota-based company serves the automotive aftermarket, retail and construction industries, operating high-touch distribution and return networks.
The deal is expected to bring $150 million in revenue to the WSI network in 2022.
Financial terms of the...
https://www.freightwaves.com/news/warehousing-3pl-provider-wsi-acquires-total-logistics