Redwood Logistics acquires Eminent Global Logistics

Chicago-based third-party logistics (3PL) provider Redwood Logistics has acquired Horsham, Pa.-based Eminent Global Logistics, the companies said this week. Terms of the deal were not disclosed.

Eminent provides transportation management systems (TMS) implementation and integration services and is an integrator for Oracle Transportation Management (OTM), Global Trade Management (GTM), and Oracle Warehouse Management (Logfire).

The purchase bolsters Redwood's transportation technology implementation and integration services platform, adding a suite of rapid Solutions for OTM and GTM implementation that complements RedwoodConnect, the firm's connectivity platform, the company said.

"Shippers make a substantial investment in a TMS and they need help generating the best possible return on that investment," Redwood CEO Mark Yeager said in a statement announcing the acquisition. "... The acquisition of Eminent improves our position as subject matter experts for two of the most sophisticated tools in the industry and solidifies our position as a true partner with our clients."