OPTZ to Purchase Light Express

Optimized Transportation Management (OPTZ), a supply chain logistics firm, has signed a definitive agreement to purchase transportation firm Light Express. Both the firms are based in the US.

According to POTZ, the completion of this transaction will add a fleet to OPTZ's logistics and brokerage operation. OPTZ will be able to provide an asset-based service to its existing customers' operations. OPTZ will also be expanding its logistics business.

Larry Berry, COO of OPTZ, said: “The addition of Light Express equipment to our operation will allow us to expand and enhance our services to current customers and expand our customer base. When the transaction is completed we anticipate that the additional equipment will increase our gross revenues and profit margin.”

Will this purchase benefit OPTZ?

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