Schneider sells freight forwarding, customs brokerage

GREEN BAY, Wis. — Schneider Logistics plans to sell its freight forwarding and customs house brokerage business in the United States and China to Norbert Dentressangle, a major European transportation, logistics and freight forwarding company based in Lyon, France.

The transaction, which is expected to be final by Oct. 1, 2010, does not affect Schneider Logistics’ other international supply chain services, including transloading, warehousing, distribution, port dray services, inland logistics management, supply chain management, brokerage or domestic China transportation services.

According to the company, there will be no job losses incurred through the sale, with all Schneider freight forwarding and customs house brokerage associates in the U.S. and China becoming employees of Norbert Dentressangle.

The sale encompasses seven locations in the United States (San Diego, Los Angeles, San Francisco, Miami, Atlanta, New York and Chicago) and two locations in China (Tianjin and Shanghai).

According to Schneider CEO and president Chris Lofgren, the expertise of Schneider’s freight forwarding and customs house brokerage team will enable Norbert Dentressangle to grow its existing business and leverage its European customer base to generate new business in the United States for themselves as well as Schneider’s current customers.

Schneider Logistics, Inc. is a wholly owned subsidiary of Schneider National, a provider of truckload, intermodal and logistics services, headquartered in Green Bay, Wis. 


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