Two, long-standing family-run enterprises unite for greater opportunities and to offer customers more end-to-end supply chain solutions.
Burris Logistics, provider of end-to-end supply chain solutions, announced today that it has acquired Trinity Logistics.
"We are pleased to welcome the team members, agents, customers and carriers of Trinity Logistics to the Burris family," shared Donnie Burris, President/CEO of Burris Logistics. "As a $3 billion-dollar organization with 1,700 Team Members, 16 locations throughout the United States and multiple Business Units in the transportation and supply chain industry, Burris Logistics was poised to be the partner that would create more opportunities for the well-established Trinity Logistics. The strong Trinity brand will remain in place, and their successful team will continue to focus on providing high-quality logistics, with the additional resources of our transportation assets and supply chain solutions."
Trinity Logistics, with headquarters in Seaford, DE, is a leading Third Party Logistics (3PL) Provider, specializing in freight arrangement and supply chain solutions with annual revenues of $550 million. Established in 1979 by the Banning family, Trinity Logistics has over 275 Team Members in five regional service center locations, 100 agent offices throughout North America and a network of more than 40,000 carriers arranging over 350,000 shipments each year. Known for a people-centric approach to logistics services, Team Trinity is celebrating 40 years of building relationships by offering creative logistics solutions. Trinity is partially owned by its Team Member ESOP.
"The path to today's announcement began with a conversation between two CEOs and good friends," shared Jeff Banning, President/CEO of Trinity Logistics, referencing early dialogs between himself and Donnie Burris. "We talked about mutual goals, strengths, challenges, and our desire to be good stewards of family-focused, family-run companies. As we discussed our future and common visions, it became clear that we could become a stronger, more competitive organization by joining forces."
The acquisition of Trinity Logistics will be completed sometime in April through a process that will be seamless for team members, customers, carriers and the large network of agents for both organizations. "All aspects of the Trinity community will find that familiar team members and procedures will remain in place," outlined Billy Banning, President of Trinity Logistics. "Burris is an asset-based 3PL, offering everyone greater credibility and flexibility in closing new prospects. We are excited to have found the right partner in Burris. While our corporate offices are only 23 miles apart, there is no distance between our core values, servant leadership and guiding principles." please visit trinitylogistics.com
About Burris Logistics
Established in 1925, Burris Logistics operates an expanding network of temperature-controlled warehousing and distribution centers from Maine to Florida and as far west as Oklahoma. This fifth-generation, family- owned enterprise provides leading-edge logistics, transportation, and supply chain solutions, coast to coast, through four distinct Business Units: Burris Custom Distribution, Burris PRW Plus (Public Refrigerated Warehousing), Burris Freight Management and Honor Foods (a redistributor of frozen, refrigerated and dry food service products). For more information about our trend-setting logistics and deep-rooted values® please visit www.burrislogistics.com
Trinity Logistics is a leading 3PL (third-party logistics) company specializing in freight arrangement and supply chain solutions. With 40 years of experience and a relationship-driven team, Trinity has Regional Service Centers and Agent Offices throughout the United States serving customers, large and small.
In the weeks ahead, both organizations will benefit from increased buying power, scale and advancements in supply chain technology. "Both providers have dedicated technology teams which will allow us to grow technology platforms to attract new customers, carriers and agents," explained Nick Falk, President of Burris Freight. "It is our intent that the Burris Freight Management brand will be replaced with Trinity Logistics as the transportation business unit of Burris. When you consider the resulting combination of experienced teams, technology, networks and the ability to offer end-to-end supply chain solutions, without a doubt Trinity Logistics and Burris Logistics will be stronger together."
The companies expect the transaction to close sometime in April, 2019, subject to customary closing conditions and regulatory approvals.