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.
- Targets
- TransONE
- Platforms
- U.S. Multimodal Group, Inc.
- Industry
- Logistics & Distribution
- Location
- Tennessee, United States
- Transaction Type
- Addon
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