CHICAGO--(BUSINESS WIRE)--St. George Logistics (“STG”), North America’s largest provider of outsourced container freight station (“CFS”) services and a leading provider of value-added warehousing and distribution solutions, announces that its Executive Chairman, Chris Jamroz, will be speaking today on February 22nd 2017 at the “Baird 2017 Private Company Technology and Services Conference” in New York.
Jamroz will explain the STG’s strategy and value creation plan. “The US CFS industry has suffered from neglect and underinvestment over the last decade and is now in need of massive rationalization, modernization and consolidation,” said Jamroz. “Increased operating costs and the complexity of the supply chain challenges are further amplified by excess capacity and cyclicality of global LCL freight volumes. Outsourcing is the only path forward and STG is uniquely positioned to capitalize on these global trends.”
Last July 2016, St. George was acquired by Wind Point Partners in partnership with Chris Jamroz and Hessel Verhage. Prior to STG, Jamroz served as the President & Chief Operating Officer of Garda Cash Logistics, a C$1.1 billion division of GardaWorld Security Corporation. In October 2016, St. George acquired and merged with AZ CFS, North America’s second largest provider of CFS services with leading share in export-oriented CFS. Wind Point is an active investor in logistics, transportation and route-based businesses with previous investments including Dicom Transportation Group, RailWorks Corporation and AIR-serv Group.
About St. George Logistics
St. George offers a wide range of value-added logistics services encompassing ocean and air CFS, contract warehousing, distribution, e-commerce fulfillment and transportation services. St. George operates the largest network of independent CFS facilities in North America and has very close proximity to all major ports and metropolitan areas for ocean or air cargo. The company is also a leading provider of additional logistics services, including distribution, warehousing and transportation within the US. Additional information is available at www.stgusa.com.
About Wind Point Partners
Wind Point Partners is a private equity investment firm that has raised over $3 billion in commitments since 1984. Wind Point focuses on partnering with top caliber management teams to acquire middle market businesses where it can establish a clear path to value creation. Additional information about Wind Point is available at www.windpointpartners.com.