U.S. Multimodal Group (ARC network) Acquires TransONE

July 30, 2021

U.S. Multimodal Group, the parent company operating the ARC drayage network, has acquired 100% of the stock of TransONE, a Memphis-based intermodal drayage, container storage and equipment maintenance provider. ARC/US Multimodal partnered with ARC Industries and several unnamed minority investors to fold TransONE into its growing platform as the fourth drayage location in the network.

Buyers
U.S. Multimodal Group, Inc., ARC Industries, Inc., Unnamed significant minority investors
Targets
TransONE
Platforms
U.S. Multimodal Group, Inc.
Location
Tennessee, United States
Transaction Type
Addon

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