Werner Enterprises announced the sale of its Werner Global Logistics freight forward services to Scan Global Logistics Group. The company also entered an agreement with SGL to offer comprehensive international logistics solutions to its North American customers.
Through the agreement, WGL customers will gain SGL’s network of locations, modern transportation management technology, multi-channel service offerings and SGL’s ability to provide solutions in new trade lanes across global markets.
“After working with the SGL team and understanding their core values and capabilities, I am excited for WGL’s international customers, associates and transportation partners worldwide,” says Werner’s vice chairman, president and CEO Derek Leathers. “We are proud of the global operation WGL has built and are confident it will continue to succeed as part of the SGL family. Going forward, we remain committed to our North American logistics capabilities in truck brokerage, freight management, intermodal and final mile services.”
Per Globe Newswire:
- Werner Logistics will continue to provide North American truck brokerage, freight management, intermodal and final mile services.
- The WGL sale is expected to result in a gain of one cent per diluted share and close on February 26, 2021.