Schenker buys Livingston truck/warehouse unit
Livingston International Inc. and Schenker of Canada Ltd. will acquire the North American domestic warehousing and ground transportation business of Livingston International Inc. operated under Livingston Integrated Logistics.
The transaction does not affect Livingston International’s international freight forwarding or vehicle transportation operations, nor its Canadian and U.S. customs brokerage, international trade consulting, event logistics or managed services businesses.
Under terms of the deal, Livingston will transition the majority of its ground transportation and domestic warehousing business to Schenker in planned, collaborative phases over the next five to six months.
Although there will be some job loss, in areas such as Livingston’s intermodal operation, which the company is exiting, and certain operational and support functions where there will be overlap when transitioned to Schenker, many Livingston employees working in its integrated logistics division will be part of the transition to Schenker.
