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Meridian IQ
Overland Park, KS
NASDAQ: YRCW
877-285-9126
Jim Ritchie, President & CEO
3PL Turnover: $1b Parent: $10b
Service Area: North America, Europe, South America, Asia
3PL Assets: 2600 employees
45 warehouses
Information Systems: TMS - i2, PowerTMS
WMS - Provia, Manhattan, PowerTMS
Services: Transportation management, warehouse management, air and ocean forwarding, dedicated contract carriage, brokerage and technology
Industry Focus/Key Customers: Automotive, chemicals, metals, publishing, retailing
Key Customers: Albertson's, Arch Chemicals, Barnes & Noble, Bosch, BP Amoco, Charter Steel, Dollar Tree, Kennametal, Ryerson-Tull, Scholastic Inc.
Armstrong & Associates' Evaluation: Yellow Roadway's acquisition of USF Corp. added USF Logistics to Meridian IQ and more than doubled its size. It also added a large retail distribution network with 16 regional centers, a large dedicated contract carriage operation, the i2 technology platform and solid, big-box value-added distribution. Meridian IQ, which started as a dotcom, has grown quickly to become a leading transportation management and cross-dock 3PL. In addition, it recently purchased a Hong Kong-based 3PL to add to its Asian capabilities and has some European presence. The new combination provides solid operations in the major logistics areas and good IT coverage.