We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
  • INDUSTRY PRESS ROOM
  • ABOUT
  • CONTACT
  • MEDIA FILE
  • Create Account
  • Sign In
  • Sign Out
  • My Account
Free Newsletters
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC
    • Podcast
    • Webcasts
    • Blogs
      • One-Off Sound Off
      • Global Logistics and Risk
      • Empowering Your Performance Edge
      • Analytics & Big Data
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • Parcel Forum 2022
    • MODEX 2022
    • Upload Your Video
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC
    • Podcast
    • Webcasts
    • Blogs
      • One-Off Sound Off
      • Global Logistics and Risk
      • Empowering Your Performance Edge
      • Analytics & Big Data
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • Parcel Forum 2022
    • MODEX 2022
    • Upload Your Video
Home » Yusen Logistics acquires fellow 3PL Taylor Services

Yusen Logistics acquires fellow 3PL Taylor Services

Move adds fulfillment automation, e-commerce muscle, DCs at east and west coast ports.

Taylored2022-Chino-1919-Web.jpeg
March 2, 2023
DC Velocity Staff
No Comments

The third party logistics provider (3PL) Yusen Logistics yesterday said it had acquired Taylor Services, which provides 3PL warehouse, distribution, and fulfillment center services, in a move to boost its automation solutions to provide e-commerce and direct-to-consumer processing services.

Terms of the deal were not disclosed, but Secaucus, New Jersey-based Yusen purchased Taylored from its private equity owner, Saybrook. Jim DeVeau, the prior president & CEO of Taylored Services, will be staying on in an advisory role to support a smooth transition and provide ongoing guidance to Yusen, the firms said.

Iselin, New Jersey-based Taylored will now become part of Yusen Logistics (Americas) Inc., the U.S. operating company of Yusen Logistics Co. Ltd. and a subsidiary of NYK Group, the Japan-based maritime container carrier line. The purchase agreement includes 11 distribution centers located near the ports of Los Angeles, Long Beach, New York/New Jersey, Savannah, and Miami, as well as in Louisville, KY, totaling approximately 2.9 million square feet. Both companies’ names and brands will remain in place.

The move will allow Yusen to grow from its current footprint of more than 631 distribution centers or offices in 350 cities in 47 countries. 

"We are excited to welcome 350+ employees, who will be led by Matt Ennis, the new president and CEO of Taylored Services,” Mikhail Kholyavenko, CEO of Yusen Logistics Americas, said in a release. “Combining the strengths of Taylored fulfillment centers in U.S. port-centric gateway markets with Yusen Logistics' global and domestic capabilities in international freight forwarding, warehousing and transloading operations, and supply chain orchestration will allow us to provide a full suite of supply chain logistics solutions to our current and future customers."
 

 

Warehousing 3PL
KEYWORDS NYK Group Taylored Services Yusen Logistics
  • Related Articles

    Yusen Logistics Awarded 3PL Provider of the Year by Target Corporation

    Transplace acquires Yusen Logistics' intermodal marketing and over-the-road freight brokerage groups

    Yusen Logistics acquires Transfreight Automotive Logistics Europe

Recent Articles by DC Velocity Staff

Muratec launches four-tote carriage mini-load crane

Ideal Warehouse introduces new air filtration system

Rite-Hite rolls out new polymer safety barriers

You must login or register in order to post a comment.

Report Abusive Comment

Most Popular Articles

  • Wireless technology could help electric trucks charge more safely, efficiently

  • Thoma Bravo completes $8 billion buyout of Coupa Software

  • What’s shaping omnichannel fulfillment strategies?

  • Fast DCs require layers of automation

  • WMS feels the squeeze

Now Playing on DCV-TV

2f715622 41f7 4b52 a574 f3a223194538

What’s really going on in the freight markets?

DCV-TV 4: Viewer Contributed
There has been a lot of uncertainty about where the freight market is headed. We’re still seeing a mismatch of supply and demand in the freight market, along with conditions that call for scenario planning. Additionally, logistics and supply chain issues have continued to become a higher priority amongst...

FEATURED WHITE PAPERS

  • The Future of Fleet Management: 5 Trends and Influences That Will Drive Logistics in 2023

  • The five best applications for robotic lift trucks in warehouse environments

  • Fulfillment Facility Improved Efficiencies by 4x

  • 3PLs: Complete Orders Faster with Flexible Automation

View More

Subscribe to DC Velocity Magazine

GET YOUR FREE SUBSCRIPTION
  • SUBSCRIBE
  • NEWSLETTERS
  • ADVERTISING
  • CUSTOMER CARE
  • CONTACT
  • ABOUT
  • STAFF
  • PRIVACY POLICY

Copyright ©2023. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing