Schneider Logistics to sell off U.S. and China freight forwarding customs house brokerage businesses

Third-party logistics (3PL) services provider Schneider Logistics, a subsidiary of Schneider International, said it will sell its United States- and China-based freight forwarding and customs house brokerage businesses to Norbert Denressangle, a Lyon, Paris-based provider of transportation, logistics, and freight forwarding services.

By ·

Third-party logistics (3PL) services provider Schneider Logistics, a subsidiary of Schneider International, said it will sell its United States- and China-based freight forwarding and customs house brokerage businesses to Norbert Denressangle, a Lyon, Paris-based provider of transportation, logistics, and freight forwarding services.

The deal is expected to close by October 1. Financial terms were not made available.

Schneider officials said that this acquisition does not impact the company’s other global supply chain offerings, including transloading, warehousing, distribution, port drayage services, inland logistics management, supply chain management, brokerage, or domestic China transportation services. They added that the 56 Schneider Logistics employees will effectively become Norbert Denressangle employees and that there will be no job losses resultant from the sale.

A Schneider spokesperson told LM there were multiple drivers for the company to sell off its United States- and China-based freight forwarding and customs house brokerage businesses, which is has operated since 2006.

“Like most divestitures, for Schneider this is about focus,” said the spokesperson. “While the freight forwarding and customs house brokerage business has great potential, it is not part of our current strategic focus on our core truckload, logistics and intermodal services. This sale puts the business in the hands of a company that plans to invest in the people, technology and resources to grow the business. Schneider was approached by Norbert Dentressangle and the deal came together fairly quickly.”

The spokesperson also said that Schneider will continue to provide freight forwarding and customs house services by working with companies like Norbert Dentressangle.

Norbert Dentressangle was established in 1979 and reported 2009 revenues of $3.5 billion (U.S.). The company has 27,000 employees in 355 locations in 17 countries.

Schneider CEO and President Chris Lofgren said in a statement that the expertise of Schneider’s freight forwarding and customs house brokerage team will enable Norbert Dentressangle to grow its existing business and leverage its European customer base to generate new business in the United States for themselves as well as Schneider’s current customers.

Armstrong & Associates President Evan Armstrong told LM that this deal signals a retrenchment of sorts by Schneider.

“Earlier this year Schneider outsourced a lot of its European functions and operations to Exel, and this is a continuation of them retrenching,” said Armstong. “It is pretty surprising they are getting out of the Chinese market, considering that is one of the major growth markets globally. But it definitely looks like they are retrenching and regrouping around its core U.S. operations. It is a definite sign of weakness for its logistics operations.”


About the Author

Jeff Berman, Group News Editor
Jeff Berman is Group News Editor for Logistics Management, Modern Materials Handling, and Supply Chain Management Review. Jeff works and lives in Cape Elizabeth, Maine, where he covers all aspects of the supply chain, logistics, freight transportation, and materials handling sectors on a daily basis. Contact Jeff Berman

Subscribe to Logistics Management Magazine!

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your entire logistics operation.
Start your FREE subscription today!

Latest Whitepaper
Reduce Order Processing Costs by 80%
Sales order automation software will seamlessly transform inbound emailed and printed purchase orders into electronic sales orders that can be automatically processed into your ERP system with 100% accuracy.
Download Today!
From the June 2016 Issue
In the wildly unstable ocean cargo carrier arena, three major consortia are fighting for market share, with some players simply hanging on for survival. Meanwhile, shippers may expect deployment shifts as a consequence of the Panama Canal expansion.
WMS Update: What do we need to run a WMS?
Supply Chain Software Convergence: Synchronization Realized
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
Optimizing Global Transportation: How NVOCCs Can Use Technology to Operate More Profitably
Global transportation isn't getting any easier to manage, especially for non-vessel operating common carriers (NVOCCs). Faced with uncertainties like surcharges—but needing to remain competitive when bidding against other providers—NVOCCs need the right mix of historical data, data intelligence, and technology support to make quick and effective decisions. During this webcast you'll learn how Bolloré Transport & Logistics was able to streamline its global logistics and automate contract management.
Register Today!
EDITORS' PICKS
Details Key to Cross-border Ease
Ever-changing regulations are making it risky for U.S. companies engaged in cross-border trade...
Digital Reality Check
Just how close are we to the ideal digital supply network? Not as close as we might like to think....

Top 25 ports: West Coast continues to dominate
The Panama Canal expansion is set for late June and may soon be attracting more inbound vessel calls...
Port of Oakland launches smart phone apps for harbor truckers
Innovation uses Bluetooth, GPS to measure how long drivers wait for cargo