GEODIS acquires Velocity Freight Transport

Stattimes07 Jul, 2021News

GEODIS, a global supply chain operator, has reached an agreement to acquire substantially all of the assets of Velocity Freight Transport, a leading freight brokerage company based in Plano, Texas, from McLane Company, a subsidiary of Berkshire Hathaway. ?With the acquisition of Velocity, we are welcoming an exceptionally talented team of freight brokerage experts who have a deep understanding of the challenges and opportunities of today?s dynamic logistics and supply chain environment,? said Mike Honious, president and CEO of GEODIS in Americas.