Total Transportation Services (TTSI), a provider of drayage and over-the-road trucking services, recently acquired Tri Pak, a transloading, warehousing and logistics company that has been servicing clients around the Port of Tacoma for more than three decades.
The acquisition expands TTSI’s geographic footprint from Southern California, Stockton and Virginia to the Pacific Northwest. Tri Pak provides transloading, value-added warehousing, drayage, long-haul and brokerage trucking services. With Tri Pak servicing clients from six facilities in the state of Washington, this expands TTSI’s services and capabilities in one of the most important logistics markets in North America.
TTSI said Tri Pak will operate as its subsidiary, and existing management will remain in place.
“Since late 2018, TTSI has been focused on consolidation opportunities, where we can partner with good companies with strong management teams allowing us to either diversify our service offerings or expand our geographic footprint to better serve our existing customers,” said Vic La Rosa, TTSI’s chief executive officer.
“Tri Pak represents the first strategic acquisition we have made in 2019, and we continue to actively review and pursue other strategic acquisition opportunities. We are very excited to welcome Tri Pak to the TTSI family.
“This acquisition expands our presence into the Washington market where we can now service TTSI’s existing clients out of the Ports of Seattle and Tacoma.”