Logistics Management Solutions (LMS), a non-asset-based third party logistics provider in St. Louis, announced it has acquired St. Louis-based i-Logi LLC, founded in 2003 to provide consulting, contract management and online procurement solutions to large-volume shippers throughout North America.
Jeff Brasier, a former LMS employee who founded i-Logi, will join the LMS sales management team.
Key to the acquisition is i-Logi’s proprietary technology that enables companies to efficiently conduct transportation/warehousing bid packages via the Internet. LMS clients will have the option of using this technology, which can reduce bidding cycles by an average of 66 percent and cut overall freight costs by up to 8 percent.
LMS also acquired i-Logi clients Huttig Building Products of St. Louis and QPR, A Division of Lafarge North America, based in Alpharetta, Ga. As their logistics provider of record, LMS will perform contract management, shipping optimization and dispatching services.
“We are pleased to have Huttig and QPR as clients and look forward to building upon the relationship they have with i-Logi,” says Dennis Schoemehl, president and CEO of LMS. “We also feel our new technology will offer LMS clients a substantial advantage as we continue to work with them to find quality transportation providers that offer competitive pricing and premium service.”
For further information, visit www.lmslogistics.com.