Chicago-based third-party logistics provider Redwood Logistics has launched a parcel service to address customers' rising e-commerce business and resulting growth in parcel shipments, the company said this week.
The service complements Redwood's multimodal brokerage, freight management, warehousing and dedicated distribution services, as well as its expertise in transportation management system (TMS) implementation and integration, the company said.
Redwood's parcel service combines initial benchmarking and consulting, procurement strategy and execution, as well as ongoing analytics and reporting, the company said. Company leaders said the service is in response to customers' growing demand for parcel shipping strategies and solutions.
"E-commerce continues to emerge as a vital growth channel for many of our customers," Redwood Logistics' CEO Mark Yeager said in a statement announcing the service. "Parcel continues to grow for most shippers, but this mode is largely underserved by third-party logistics providers. Customers need help with strategy, expertise and execution in parcel. We are excited to be able to offer this solution as a key benefit to them."