• Imperial Logistics Gets New Owners

    Toronto-based New Cinema Partners is the new owner of Quebec-based Imperial Logistics, a specialist in freight management outsourcing and logistics analysis. Imperial Logistics has developed a client list of over 150 companies such as MHD International, Via Sat Satellite Services, Hagen Industries, Cellular Solutions, Komatsu International, etc. James Moore, founder of Imperial Logistics, will be
    June 19, 2001
    Toronto-based New Cinema Partners is the new owner of Quebec-based Imperial Logistics, a specialist in freight management outsourcing and logistics analysis.

    Imperial Logistics has developed a client list of over 150 companies such as MHD International, Via Sat Satellite Services, Hagen Industries, Cellular Solutions, Komatsu International, etc. James Moore, founder of Imperial Logistics, will be president of the company after the acquisition is completed.

    New Cinema, which will shed its name and adopt the Imperial Logistics moniker, said it hopes to tap into what it estimates is a $602-billion North American freight transportation business. The company cited a recent logistics study by UBS Warburg that indicated that, at present, a leading logistics provider can typically reduce a client’s distribution costs by 20% in the first year by re-engineering their supply chain – with Internet-based logistics systems expected to reduce supply chain costs another 40%.

    About the Author

    Sean Kilcarr

    Editor in Chief

    Sean Kilcarr is a former longtime FleetOwner senior editor who wrote for the publication from 2000 to 2018. He served as editor-in-chief from 2017 to 2018.

     

    Sign up for our free eNewsletters

    Voice Your Opinion!

    To join the conversation, and become an exclusive member of FleetOwner, create an account today!