Enthusiasts: Logistics: Geodis is strengthening in road freight in the United States

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  Logistique: Geodis se renforce dans le fret routier aux Etats-Unis provided by Tribune

Geodis will acquire the American Express Transport Need It Now Delivers to strengthen its offer in the United States, the logistics subsidiary announced on Tuesday SNCF. Based in New Jersey, Need It Now Deliverse operates a domestic network of road freight, especially in the east of the United States. It employs around 2,000 people for a turnover estimated at $ 750 million in 2022.

A global and integrated freight network

This acquisition "is a key step that will allow us to strengthen and diversify our offers to the states- United, by offering our customers a global and integrated freight network, ranging from international transport to delivery of the last kilometer, ”said Marie-Christine Lombard, Chairman of the Management Board of Geodis.

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Geodis has signed an agreement aimed at the acquisition of the company, the value of which has not been communicated, and which remains subject to the approval of the regulatory authorities. This should intervene "by the end of 2022", according to Geodis.

Founded in 1987, Need It Now Delivers is partly owned by its management as well as by the private investment fund Palm Beach Capital. The company carries out messaging activities, delivery of the last kilometer and multichannel contractual logistics for "different sectors with high growth".

This is not Geodis' first acquisition in the United States. In 2015, the group acquired an important American logistics operator, OHL, and had announced its intention to acquire another American freight network. Recently, he was interested in Pilot Freight Services, finally acquired for $ 1.7 billion by the Danish owner Maersk, who had outbid.

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15,000 people on more than 200 sites in the United States

"strategic" SNCF according to its CEO, Geodis also wishes to strengthen in Germany , in Benelux, the United Kingdom and Southeast Asia, said Marie-Christine Lombard in May in an interview with AFP. Once the transaction has been completed, Geodis will employ around 15,000 people on more than 200 sites in the United States.

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