SHREVEPORT, LA.--(BUSINESS WIRE)--AFS, the leader in transportation cost management solutions, based in Shreveport, LA, announced the purchase of South Carolina-based Trendset Information Systems through a Section 363 transaction. Trendset is the twelfth acquisition for AFS. The acquisition was finalized on June 14, 2013.
“A day like today does not come around often. Our employees are excited and our clients will be thrilled with the additional technologies and analytical tools. As a leader in the industry, we must stay in front of the competition,” said Brian J. Barker, CEO of AFS. “Our 250+ employees clearly shows our commitment to this industry.”
Trendset will be renamed and reorganized as a subsidiary of AFS. AFS plans to add new management and operational stability to Trendset by continuing to meet the needs of the global client base while enhancing the operational model based on AFS’ proven industry track record. In 2012, Trendset managed over $10 Billion in freight spend, serving many global customers. With this acquisition, AFS, a pioneer in the industry, now becomes one of the largest freight payment companies in the US and will provide customers with significant savings opportunities in their Parcel, LTL, Truckload, and Ocean spend. AFS plans to continue operations at the former Trendset’s Greenville office and retain the valuable employees who work there.
About AFS:
With over 30 years in business, AFS is a cost management partner who increases client profitability and efficiencies through specialized consulting and analytics services. Based in Shreveport, LA, AFS has over 1,200 clients in North America and 18 operations and sales offices throughout the US. See more at www.afs.net.
About Trendset:
A recognized, global leader in freight audit & payment services, Trendset Information Systems works with some of the most well-known consumer brands to reduce shipping costs and provide business intelligence software. Learn more at www.trendset.com.
