businesswire | May 31, 2023
Emergent Cold Latin America (Emergent Cold LatAm or the Company), the fastest-growing refrigerated storage and logistics service provider in Latin America, announced today its recognition by the leading industry association as the largest refrigerated warehousing and logistics provider in Latin America and the Caribbean, and the sixth largest provider in the world. These designations by the Global Cold Chain Alliance (GCCA) were determined by total capacity of temperature-controlled space operated by GCCA members as of December 31, 2022.
This achievement represents an important milestone in the company’s short history. Emergent Cold LatAm was founded in August 2021 with a vision to reshape the food chain logistics across Latin America. Less than two years later, the Company now operates in 11 countries with more than 60 warehouses and more than 4 million cubic meters of storage capacity. Emergent Cold LatAm accomplished this scale through the completion of 14 acquisitions and 7 new development projects that are now under construction.
“When David and I launched this venture in 2021, I could envision the extraordinary growth that we would enjoy, but not necessarily over such a short period of time,” said Neal Rider, CEO and Co-Founder of Emergent Cold LatAm. “This is a testament to the quality and commitment of our leadership team, and the thousands of Emergent Cold LatAm associates working across the region. I am extremely proud of what we’ve accomplished together, and grateful to our Board and investors for their support.”
“We never set our sights on being the largest in Latin America, but we purposefully intended to offer differentiated services to our customers wherever they might be located,” said David Palfenier, President and Co-Founder of Emergent Cold LatAm. “It turns out we shared this goal with the founders whose companies are now part of our network. Together, we have assembled a collection of world-class assets and provide strategic solutions for our customers. So much yet to do, but this is a great first milestone for Emergent Cold LatAm.”
As the region’s largest and most international cold storage and logistics platform, Emergent Cold LatAm is uniquely positioned to offer integrated solutions for customers across the food supply chain. The Company continues to invest in systems and people to provide a full range of value-added services including transportation and processing. In addition, the Company’s strategic alliance with Lineage Logistics – the world’s largest cold storage operator – creates additional opportunities to enhance customer service.
About Emergent Cold LatAm
Emergent Cold Latin Americais the largest refrigerated warehousing and logistics provider in Latin America and the Caribbean, building the highest-quality cold chain network to provide end-to-end temperature-controlled logistics solutions to their customers across the region. The company was founded in August 2021 to cover the need for modern cold chain solutions in the market and to meet the increasing demand from domestic and global customers. Emergent Cold LatAm currently operates more than 500 trucks and more than 60 cold storage facilities, including seven new facilities now under construction, to complete a total of 11 countries across Latin America.
SOFTWARE AND TECHNOLOGY
prnewswire | May 29, 2023
GEODIS, a world leader in transport and logistics, announced today it has acquired Southern Companies, a leading drayage provider based in the U.S. that handles all phases of the import and export process. The acquisition enhances GEODIS' end-to-end supply chain capabilities across the U.S., further strengthening its position as one of the world's leading providers of logistics services.
Southern Companies is a family-owned business founded in Miami in 1965 and has moved more than 1 million containers. The company runs operating terminals serving seven key ports: Port of Miami, Port of Everglades, Port of Houston, Port of Jacksonville, Port of Tampa, Port of Savannah and Port of Charleston. Southern Companies provides a range of import and export services, including warehousing and trucking, to ensure customer goods are moving swiftly through the supply chain.
"The acquisition of Southern Companies represents an important addition to GEODIS as we continue to strengthen and grow our capabilities, our team and our client roster throughout the U.S.," said Mike Honious, GEODIS in Americas President & CEO. "Southern Companies has been a leader in drayage services, from warehousing to trucking, for nearly six decades and operates in ports that are critical to our clients. From their people and culture to their expertise and capabilities, Southern Companies is an ideal fit for GEODIS and aligns perfectly with our Americas growth strategy."
Jorge Mora, Owner & CEO of Southern Companies, said, "We have been relentlessly focused on import and export logistics, with a special emphasis on port operations, and have witnessed tremendous organic growth since our beginnings over 55 years ago. We understand the unique needs of our clients and have proven expertise in maintaining the highest standards of excellence while meeting the ever-changing demands of a growing international market. By combining our capabilities with GEODIS' exceptional leadership, deep bench of experts and global footprint, we can expand our reach and provide an even broader range of services to our clients to help them navigate today's complex supply chain landscape."
The acquisition complements GEODIS in Americas' existing transportation and warehousing capabilities, providing customers with an efficient and reliable end-to-end logistics solution. More than 80 employees spanning Southern Companies' seven facilities throughout the Southeast will officially join GEODIS. With its Americas region headquartered in Brentwood, Tennessee, GEODIS currently operates more than 150 warehouse facilities for its clients with over 50 million square feet of warehousing space in the U.S. alone. GEODIS now has more than 17,000 employees across North America.
GEODIS is a leading global logistics provider acknowledged for its expertise across all aspects of the supply chain. As a growth partner to its clients, GEODIS specializes in five lines of business: Supply Chain Optimization, Global Freight Forwarding, Global Contract Logistics, Distribution & Express, and European Road Network. With a global network spanning nearly 170 countries and more than 49,400 employees, GEODIS is ranked no. 6 in its sector across the world. In 2022, GEODIS generated €13.7 billion in revenue. GEODIS is a company owned by SNCF group.
businesswire | May 31, 2023
AFS Logistics a non-asset based, non-asset biased third party logistics (3PL) provider, announces it has been named a top 3PL technology company by Inbound Logistics magazine, with its AFSmart suite recognized as a best-in-class solution. AFSmart Audit, one of the tools that makes up the integrated AFSmart package, is also a CIO 100 award winner, named by CIO.com to its annual list of 100 innovative IT solutions that deliver business value.
“Logistics operations face significant challenges, from constant disruptions and complicated pricing to lack of visibility and invoice overcharges,” says Nathan Johnson, Chief Information Officer, AFS Logistics. “AFSmart is the robust technology suite that logistics professionals need to handle logistics data with the level of speed required by today’s complex market.”
The technology suite offers responsive controls, clear visuals and intuitive navigation and search functions for instant access to relevant data, presented through a unified, cohesive user experience. The AFSmart platform consists of several cloud-native tools designed to help logistics professionals automate their operations and more effectively manage their logistics networks across modes of transportation.
AFSmartAudit (CIO 100 winner) – Freight audit and payment (FAP) processing solution that provides a comprehensive view of freight expenses across modes to uncover and resolve overpayments, billing errors and discrepancies, while identifying new opportunities to streamline processes.
AFSmartTMS – Transportation management system (TMS) that allows users to stop wasting time searching for critical information and instead rely on an intuitive, state-of-the-art portal that fully integrates with enterprise resource planning (ERP) systems to manage everyday freight tasks in one location, from creating quotes and bill of lading documents to confirming shipment information and filing claims.
AFSmartTrack – Provides full shipment visibility with real-time updates and analytics for all inbound and outbound freight, equipping users with the most informed perspective for critical logistics decisions. Users can get regular, daily reports with key metrics to help manage operations with greater efficiency.
AFSmartClaim – Automates the creation, tracking and management of overage, shortage and damage (OS&D) claims for faster, easier resolutions and access to additional LTL coverage. Integration with AFSmartTMS allows for easy retrieval of key documents, information, contacts and more.
AFSmartAnalytics – Provides easy access to a comprehensive range of critical metrics through standard or customized reports, including high-level aggregate data sets and transactional metrics to track lanes, carriers, accessorials, spend, service levels and more.
About AFS Logistics
AFS Logistics helps more than 1,800 companies across more than 35 countries drive sustained savings and operational improvements, while turning their logistics operations into competitive, customer-centric differentiators. As a non-asset based and non-asset biased 3PL, AFS provides a range of logistics services, featuring freight and parcel audit, parcel cost management, LTL cost management and transportation management, which includes freight brokerage and freight forwarding. Founded in 1982 and employing a team of more than 380 logistics teammates in eight major locations across the U.S. and Canada, AFS is regularly part of the Inc. 5000 list of fastest growing companies.