Worldwide Express

A trio of well-known logistics services providers—Worldwide Express, GlobalTranz, and Unishippers—announced they are collaborating on what they called a new corporate identity entitled WWEX Group, that will ensure customers have access to whatever part of the market they need.

A trio of well-known logistics services providers, Dallas-based privately held freight brokerage and authorized UPS reseller Worldwide Express, Phoenix-based GlobalTranz, a full-service 3PL focused on freight brokerage and technology, GlobalTranz, and Dallas-based Unishippers, the second-largest privately held freight brokerage in the country, announced today they are collaborating on what they called a new “corporate identity,” entitled WWEX Group.

Logistics Management Group News Editor Jeff Berman and Tom Madine, CEO of Worldwide Express, a Dallas-based privately held freight brokerage and authorized UPS reseller, spoke about various industry topics at the “Industry Keynote” at the SMC3 Connections ’22 conference in San Diego in late June.

Following the announcement late last week that Phoenix-based GlobalTranz, a full-service 3PL focused on freight brokerage and technology, and Dallas-based Worldwide Express, a full-service non-asset-based 3PL focused on small package, truckload and less-than-truckload services (LTL) will join forces to become a merged entity, the top executive for GlobalTranz, CEO Bob Farrell provided with some additional detail on the merger.

The companies said that this initiative, which is expected to be made official during the third quarter of this year, was sponsored by a consortium under the leadership of CVC Capital Partners and leaf GlobalTranz investors Providence Equity Partners and PSG, with current Worldwide Express lead investor Ridgemont Equity Partners, as well as Worldwide Express and GlobalTranz management also retaining major stakes in the combined company.

Tom Madine, CEO of Worldwide Express, a leading small package, truckload, and less-than-truckload shipping solutions company, discusses how his company is coping with the significant changes and challenges in the supply chain and logistics industry.

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