World Group provides set of Washington-based corporations to portfolio – Crain's Cleveland Enterprise
World Group, a Rocky River-based transportation and logistics firm, lately acquired Pacific Cascade, made up of Pacific Cascade Distribution LLC and Pacific Cascade Trucking LLC. Each corporations are primarily based in Sumner, Washington.
Monetary phrases are usually not being disclosed for the acquisition.
In a news release, World Group CEO Fred Starvation stated the acquisition would assist the corporate “broaden the breadth and scale of our present choices.”
Starvation famous that utilizing the Pacific Northwest as a transportation hall utilizing all of World Group’s corporations is a part of its “strategic imaginative and prescient.” Pacific Cascade affords companies from drayage to warehousing.
“Housed inside our portfolio, we now have the proper trifecta of capability for our clients within the PNW — ocean, warehouse and distribution, and trucking,” Starvation continued within the launch.