Dallas—Nov. 29, 2011—Transplace, a provider of transportation management services and logistics technology, announced that global composite and coating industry manufacturer Reichhold, Inc. has selected the third party logistics (3PL) provider to handle certain domestic transportation management activities. With Transplace’s logistics services and technology, Reichhold expects to achieve ongoing cost savings, enhanced service levels and improved visibility. The announcement marks continued expansion of the 3PL’s position in the chemical industry.
Reichhold is one of the world's largest suppliers of unsaturated polyester resins for composites and a leading supplier of coating resins for a wide variety of markets and applications. With its world headquarters in Research Triangle Park, N.C., and 20 manufacturing sites and 5 technology centers located around the world, Reichhold has the widest global reach of any resin supplier.
“After looking for a North American 3PL partner for full truckload shipments, we selected Transplace as a good fit to help Reichhold streamline and simplify our supply chain operations, thereby allowing us to better serve our customers,” said Reichhold’s Manager of Purchasing, Logistics & Quality, Don Brandt. “With its combination of transportation industry experience, people and technology, Transplace plays an important role in our transportation network.”
Transplace will leverage its technology to improve daily operations of Reichhold’s domestic trucking flows in North America. The 3PL will procure and manage Reichhold’s truckload contracts with the carrier community as well as manage the freight audit and payment process.
“Our partnership with Reichhold is further evidence of Transplace’s growth as a provider to the chemical industry,” said Frank McGuigan, senior vice president, Transplace. “We worked closely with Reichhold to understand its business needs and to develop a solution configured to the company’s requirements. By leveraging our chemical industry experience, logistics expertise and scale, Lean Six Sigma-based processes and award-winning technology, we have already delivered both financial and service value.”