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Spiking eCommerce Growth Drives Demand for USPack Logistics Same-Day Courier ServicesSame-Day Courier, USPack Logistics Reports Company-Wide Growth; Increased Headcount, Mid-Atlantic and Mid-West Expansion USPack Logistics (www.gouspack.com), a New Spring Holdings portfolio company and leading same-day courier and transportation company, today reported company-wide growth, with significant increases in headcount, geographical footprint and operations. USPack provides transportation services to ecommerce companies and healthcare organizations whose success depends on special handling and high levels of security. As these sectors have grown in recent years, USPack has established itself as the standard bearer in the same-day courier field, with leading-edge technology, security, and service performance. In the past five years, USPack has expanded into 21 states and now operates over 800 professional drivers in the US. "Skyrocketing demand in Maryland, Washington, DC, Pennsylvania, Virginia, Michigan and Ohio necessitated investments in expanded facilities, personnel and technology across the Mid-Atlantic and Mid-Western States," said Mark Glazman, EVP, USPack. In the Mid-Atlantic region, USPack has grown from 35 delivery trucks in 2010 to a diverse fleet of more than 200 delivering everything from time-critical, temperature sensitive lab specimens to full truckloads of freight. On July 15th, 2016 USPack relocated from Laurel, MD to a new, more modern facility in Elkridge, MD -- quadrupling the space of its original location. Previous expansion in the region included the addition of facilities in Folcroft, PA in 2014, and in Alexandria, VA, in 2015. USPack entered the Michigan market in July 2015 servicing 150 zip codes and handling an average of 12,000 parcels per week. Today, it services over 300 zip codes and deliver more than 30,000 parcels per week. The increased territory and volumes, resulting from multiple shippers in the ecommerce sector, created an immediate need for a larger cross docking operation. In Ypsilanti, Michigan, USPack relocated to a more expansive unit at Airport Industrial Park, which is more than triple the size of the previously occupied facility. From this new location, USPack is able to service Detroit, Flint, Ann Arbor, Michigan, as well as Toledo, Ohio. USPack also operates another facility in Grand Rapids, from which it services western Michigan. Last month, the International Supply Chain Protection Organization (ISCPO) granted USPack Security Certification, making it the first transportation company in history to achieve the highly coveted ISCPO compliance, and reinforcing its unmatched commitment to secure package transport. The ISCPO Carrier Security Audit is a framework for collaboration between customer and service provider, to mitigate risk and provide universal controls when using regional third-party logistics carriers. ABOUT USPack USPack, founded in 1986, is based in New York, New York and provides custom transportation solutions for ecommerce and healthcare companies nationwide. Recognized as an innovator and service leader in the same-day transportation industry, US Pack operates in 21 states along the Eastern Seaboard, the Mid-West and the Pacific Northwest regions of the US. About NewSpring Holdings NewSpring Holdings, LLC, NewSpring Capital's dedicated buy and build strategy, focuses on control buyouts and platform builds, targeting profitable, growing companies seeking a financial partner to better assist them in achieving their goals. NewSpring Capital, based in Radnor, Pa., collectively manages more than $1 billion of committed capital supporting more than 100 portfolio companies across its growth equity, control buyout and mezzanine debt strategies. Combining deep operating knowledge with financial and investing expertise, NewSpring Capital provides growing companies the financial resources, advice, network of contacts and strategic partnerships necessary to be successful. To learn more about NewSpring Capital, please visit http://www.newspringcapital.com/. As a community-building service, TMCnet allows user submitted content which is not always proofed by TMCnet editors. If you feel this entry is of inferior quality or wish to report it for some reason, please forward the URL to "webedit [AT] tmcnet [DOT] com" with your comments. |