RIVERVIEW, Fla., Sept. 20, 2013 (GLOBE NEWSWIRE) -- BlueGrace Group, the parent company of BlueGrace Logistics®, announced today that it has acquired one of the nation's oldest and most trusted shipping and transportation companies, United States Transportation Consultants (USTC) of Baltimore, MD.
BlueGrace plans to leverage multiple synergies seeing no loss of jobs in Baltimore. In fact, the company is planning to hire 38 people at its Tampa headquarters over the next four months due to the acquisition and rapid growth and expansion of the franchise system.
"Acquiring USTC, which has a tremendous, long-standing reputation in the shipping and transportation industry, is a big step in the next phase of our company's growth. This allows us to increase corporate support and expand resources for our customers and franchises. Ultimately, the acquisition helps everyone thrive as we continue meeting the high demand for our services," said Bobby Harris, president and CEO of BlueGrace Logistics.
BlueGrace Logistics was recently named the nation's fastest growing, privately held company in the transportation and shipping industry. Prior to the acquisition, the company had reported a current count of 145 employees to its roster. In addition to the acquisition, the company announced that it would officially release its latest technology, BlueShip 3.0 Transportation Management System on September 30.
Driven by increasing demand from small- to mid-size businesses for third-party shipping providers, the company's growth shows no signs of slowing. BlueGrace has opened 34 locations since launching its franchise program in 2011 and company development plans call for an additional 32 locations to open through the end of next year.
About BlueGrace Logistics
Founded in 2009, BlueGrace Logistics offers complete, customized transportation management solutions to customers throughout the United States. Headquartered in Tampa, Fla. with satellite offices in Salt Lake City and Chicago. The company ranked #1 in the Transportation & Logistics industry on the 2012 Inc. 500 list. BlueGrace Logistics launched its franchise program in early 2011 as part of its strategic growth plan and currently has 34 franchisees in 36 franchise locations established across the U.S. The company offers best-in class shipping and freight services and support including Less Than Truckload (LTL); Truckload Services (TL); International and Domestic Air Freight; Ocean Freight; Logistics & Supply Chain Management; State-of-the-Art Technology (BlueShip® 3.0 TMS); Service Desk Support; and Auditing Services. For more information, visit www.mybluegrace.com.
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Source: BlueGrace Logistics