Dallas, Texas (September 13, 2006) Greatwide Logistics Services a Dallas-based provider of non-asset-based transportation and third party logistics announced today that the firm has acquired Gallop Logistics Corporation, a privately held freight brokerage company headquartered in Toronto, Ontario.
Gallop supplies a broad range of truckload and LTL services meeting a wide variety of temperature-controlled shipping needs for food producers, distributors and retailers. The companys business is split between
The addition of Gallop to the Greatwide family creates more win-win business opportunities for both shippers and owner-operators, said Ray Greer, president and CEO of Greatwide Logistics Services. Gallops focus on brokerage further supports the synergies that Greatwide creates between its Dedicated Transport and Truckload Brokerage units, expanding our ability to capitalize on back-haul opportunities to lower shipper costs and provide paid round-trip miles to drivers in the most efficient model possible. Beyond this strategic consideration, Gallops strong, established relationships with a diverse group of clients and carriers, their market leadership and experienced management team make the company a solid fit with our expansion plans.
Lorne Swartz founded Gallop Logistics in 1993. Under Swartzs leadership, Gallop Logistics has grown to carry more than 15,000 loads, generate gross revenues of more than $82 million in annual revenue, and has become one of
According to Swartz, becoming a part of the Greatwide organization is central to addressing the Gallop teams focus on the expanding needs and interests of the companys customers and carriers.
Greatwide provides increased corporate capabilities and business development depth that can take the organization we built to the next level, said Swartz. Becoming a part of Greatwide enables expansion of our transportation and logistics offerings, while allowing our people to remain singularly focused on deepening and expanding strong relationships with carriers and customers.
Lorne is known throughout the transportation industry for his broad business vision and deep commitment to complete customer and carrier satisfaction, added Greer. His teams deep knowledge and capabilities in
Gallops operations will be integrated into Greatwides Truckload Brokerage business unit, one of four primary lines of business in which Greatwide operates. Other Greatwide business groups include Distribution Logistics, Truckload Management and Dedicated Transport.
About Gallop Logistics Corporation
Founded in 1993, Gallop Logistics has built a reputation for best-in-class customer responsiveness, on-time pick up and delivery and guaranteed competitive rates. The company is one of the top 10 temperature-controlled North American transportation managers and the largest Canadian temperature-controlled transportation manager, based on gross revenue. Gallop moves more than $550 million of goods each year and, in less than 10 years, has transported more than 300,000 FTL loads. For more information about Gallop Logistics, visit www.galloplogistics.com.
About Greatwide Logistics Services