As part of its strategy to focus on its core parcel offering, GLS Group is selling GLS US Freight Inc and GLS US Business Solutions Inc, its US freight divisions, to DC Logistics.
The sale of the freight divisions will close on September 1, 2024, subject to customary closing conditions, and both companies have said they will collaborate to ensure a seamless transition for US freight clients and employees.
Saadi Al-Soudani, chief international officer, GLS Group, explained, “This sale marks an exciting milestone for GLS as we focus on expanding our core US domestic and international parcel offerings. The GLS commitment remains to provide its parcel customers with exceptional quality and service as well as grow GLS US as a leading parcel delivery service provider in the American market.”
Judas Castro, CEO, DC Logistics, added, “We are thrilled to welcome GLS US Freight and GLS US Solutions into our team. This is a significant step to accelerate our journey to become a top 20 less-than-truckload carrier in the United States and it will enhance our value proposition to our customers while positioning our company and our employees for new levels of success. We intend to revive the Mountain Valley Express brand known for its history of excellence in customer service.”