IMC Companies Completes National Footprint with Acquisition of Progressive Transportation Services
Memphis-based IMC Companies is adding another top-tier company to its family of brands. Effective July 1, California-based Progressive Transportation Services (PTS) has become part of IMC Companies, a national leader in intermodal logistics. PTS will continue to serve customers throughout the entire west coast market, and will now operate as part of IMC Companies.
This brings the number of brands under the IMC Companies umbrella to nine including Atlantic Intermodal Services (AIS), DNJ Intermodal Services (DNJ), Frederick Intermodal (FI), Gulf Intermodal Services (GIS), IMC Global Solutions (IGS), Intermodal Cartage Company (IMCG), National Drayage Services (NDS), Ohio Intermodal Services (OIS), and now Progressive Transportation Services (PTS).
“A desire to expand our geographic footprint led us to do an extensive search over the past two years to find the right company to give us an established presence in California,” said Mark H George, Chairman of IMC Companies. “We vetted more than 25 companies and chose PTS above all based on their stellar performance record, service offerings and core values that are aligned with those of our organization.”
With locations in Los Angeles, Oakland and Stockton, PTS is an industry leader in California and is the largest container drayage company headquartered in Long Beach, CA. The company also provides container transloading and warehousing services. The acquisition of PTS completes IMC Companies’ national footprint as it can now handle freight in any major rail or port facility in the entire United States. With this acquisition comes the addition of all PTS facilities, rolling stock and the company’s 250 team members. This brings the employee count for IMC Companies to more than 2,000 team members across the nation dedicated to providing international supply chain solutions.
For more information on Progressive Transportation Services, visit www.progressive-transportation.com.
About IMC Companies:
IMC Companies is a national network of intermodal logistics businesses providing an array of services including container drayage, customs brokerage, truck brokerage, freight forwarding, warehousing, chassis provisioning and secured container storage. To learn more about IMC Companies family of brands, visit dev.imccompanies.com.
Posted: July 6, 2016