Brambles Buys Logistics Firm
By MaterialsHandling.Net Staff
Date Posted: 3/14/2008
Looking to cut some fat out of global supply chains, Brambles, the parent company of CHEP, recently acquired LeanLogistics (www.leanlogistics.com), a technology-based transport and supply chain solutions firm. The acquisition will enable CHEP to provide new and value-enhanced services to U.S. customers.
Kevin Shuba, Group President, CHEP Americas said, “We will now be able to offer customers the ability to optimize transport routes and reduce empty transport miles by using the most efficient transport provider available. This will be possible through the leveraging of CHEP’s extensive database of supply chain movements and the innovative technology of LeanLogistics.”
LeanLogistics, which was bought for $45 million, will operate as a division of CHEP. LeanLogistics provides on-demand network optimization solutions to more than 40 major corporations including: Procter & Gamble, Unilever, Pepsi Americas, Chiquita, Johnsonville Foods, Meijer, Pinnacle Foods, Otis Spunkmeyer and the Kellogg Company.
The Chief Executive Officer of Brambles, Mike Ihlein, said, “Combining CHEP’s extensive customer and information base with LeanLogistics’ customer network and innovative technology will enable us to offer a service that reduces transportation costs and optimizes supply chain efficiency.”
LeanLogistics supports over 40 major corporations with 20,000 users interacting with more than 4,000 transporters. Its key services are a Web-based transportation network software and best practices consulting that enables customers to outsource transportation related activities while retaining strategic relationships and contracts.
