Schneider Unit Buys Freight Payment Firm

Schneider Logistics purchased Tranzact Systems, a Homewood, Ill.-based freight payment company, and will operate the business as a stand-alone freight payment and auditing service.

The new company will be named Tranzact Payment Services.

Terms of the deal were not disclosed.

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The move expands Schneider’s portfolio of logistics products and services and increases cross-selling opportunities, according to Rodger Mullen, vice president of logistics for Schneider.



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