Transport Industries Holdings has changed its name to
Greatwide Logistics Services. The newly relaunched company will position itself as a non-asset-based provider of transportation, third-party logistics, warehouse/distribution and truckload brokerage services.
The company was formed in 2000 when private equity firm Fenway Partners acquired Transport Industries, a dedicated contract trucking carrier. Based in Irving, Texas, the company has continued to grow both organically and through a series of acquisitions. Greatwide is on track to post 2005 revenues of $1 billion.
The company currently operates in four primary business lines:
- Dedicated transport — outsourced, closed loop transportation services to major retail clients through a large fleet of owner-operator drivers.
- Truckload management — Freight distribution services in a 32-state national territory.
- Truckload brokerage — A full-service truckload brokerage operation with 18 U.S. offices.
- Distribution logistics — A full-service warehouse and distribution logistics operation with 3.6 million square feet of warehouse space.