Direct Connect goes for Performance
It is an American marriage: Indianapolis-headquartered 3PL Direct Connect Logistix (DCL) is acquiring Utah-based company Performance Logistics. The financial terms of the transaction were not disclosed.
Performance Logistics, a third-party logistics company specialising in temperature-controlled food and beverage transportation services, was founded by Eric Riddle, Cameron George and AJ Baadsgaard in 2015.
The company’s existing management team will remain on board, and George will join DCL’s management team and serve as Performance Logistics’ regional vice president.
While DCL’s headquarters will remain in Indianapolis, the combined company views its presence in Utah as a strategic location and intends to expand its workforce there. (sh)