3PL Wagner Logistics acquires contract logistics unit [Yahoo! Finance]
Heartland Express, Inc. (HTLD)
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Source: Yahoo! Finance
The deal adds four warehouses and one million square feet to Wagner's network. “This acquisition is a big leap forward on our path toward expanding our national footprint and contract logistics capabilities,” said Brian Smith, president and CEO of Wagner Logistics, in a news release. Danville, Illinois-based Dawson Logistics is a full-service 3PL providing services like warehousing, fulfillment and reverse logistics. It also provides full truckload and less-than-truckload transportation through a network of carriers. The deal only includes the contract logistics operations of Dawon, which has 90 employees and warehouses in Danville, Cincinnati and Nashville, Tennessee. The unit now operates under the Wagner Logistics brand. North Kansas City, Missouri-based Wagner Logistics provides distribution center, fulfillment and transportation services for sectors like energy, food and beverage, automotive and consumer products, among others. The acquisition pushes its warehouse footpri
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