Schneider Adds Company to Logistics Portfolio
Schneider Logistics purchased Tranzact Systems, a Homewood, Ill.-based freight payment company, and will operate the business as a stand-alone freight payment and auditing service.
The move expands Schneider’s portfolio of logistics products and services and increases cross-selling opportunities, according to Rodger Mullen, vice president of logistics for Schneider.
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The new company will be named Tranzact Payment Services.
Terms of the deal were not disclosed.
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