Menlo Logistics, a logistics and supply chain technology provider based in Redwood City, CA, said it has booked logistics services agreements with six new customers – contracts that Menlo expects will generate $100 million annually.
The six new customers are Dr Pepper/Seven Up, HALO Branded Solutions, Nortel Networks, Ricoh Family Group, Takata and a global leader in networking technology that was not disclosed by Menlo.
Menlo said its typical logistics role for customers frequently involves developing supply chain strategies and consulting, as well as transportation, storage, distribution, shipment tracking and invoicing throughout the supply chain. Menlo added that its annual revenues now approach $1 billion.
