Press release

Transplace Invests in New Operations Center in Northwest Arkansas

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Sponsored by Businesswire

Transplace,
a leading provider of transportation management services and logistics
technology solutions, today announced that it is building a new
operations center in Rogers, Ark. to support company growth and
technology investment to meet the supply chain needs of its growing
customer base. The state-of-the-art center will accommodate Transplace’s
plans to add hundreds of new employees in the next several years and
strengthen its ability to deliver comprehensive technology and logistics
services to today’s supply chain.

“Transplace has a deep heritage in Northwest Arkansas and has continued
to expand its presence in the region over the past 20 years,” said Frank
McGuigan, CEO, Transplace. “Continuing to invest in this area, which has
become a global logistics hub, supports our company vision and goals,
while building value for our growing customer base and creating
attractive opportunities for employees.”

Arkansas Gov. Asa Hutchinson added, “I am pleased Transplace has found
the workforce and resources in Northwest Arkansas that will allow for
their continued success and growth. Arkansas has experience in the
transportation industry and today’s technology sector, along with a
dedicated, skilled workforce to meet this innovative company’s needs.”

As the largest managed
transportation service
provider in North America, generating gross
revenue of approximately $3.0 billion from more than 1,000 customers,
Transplace has experienced tremendous growth in recent years – both
organically and through strategic acquisition. Expanding from
approximately 80,000 square feet (sf.) to 150,000 sf. at the new
location better positions the company to support future growth and
provide greater size and scale in order for Transplace to better serve
its customers. Additionally, the expansion enables Transplace to
continue to be a leader in advancing the development and adoption of
managed services and software-as-a-service (SaaS) applications as well
as capacity services across the supply chain.

The new space will be designed with Transplace employees and customers
in mind, and will reflect the company’s culture of innovation and
collaboration. McGuigan added, “Transplace is committed to providing innovative
technology
and logistics solutions that enable global shippers to
better manage their supply chains, improve financial performance and
deliver outstanding service to their customers. To achieve this goal and
to deliver meaningful value to our customers, we need a collaborative,
high-tech work space that attracts high-potential talent and is a place
where employees can thrive. This new Transplace Center of Excellence
will be a space where shippers and Transplace employees can collaborate
towards better individual shipper solutions as well as cross-customer
network solutions.”

A groundbreaking ceremony took place at the building site, located on
Magnolia Road, this afternoon. Construction on the new facility is set
to begin immediately, and Transplace is expected to move in by early
2021.

“We are thankful for Transplace’s investment in Rogers and are excited
to watch them grow,” said Rogers Mayor Greg Hines. “The new operations
center will provide many new, high-paying jobs for the area and many
benefits to the region, now and into the future.”

Robbie Baty, Bill McClung and Marshall Saviers of Cushman & Wakefield
represented Transplace in its property search, and Betty McIntosh and
Carol Henderson, also of Cushman & Wakefield, provided business
incentives services. The firm will also help oversee construction
management, led by Kyle Bramlett.

HCH Consulting is the landlord and developer for the project, and Corgan
is handling the interior architecture.

Connect with a Transplace expert to learn more about our logistics
technology services: transplace.com/transplace-contact.

About Transplace

Transplace is the leading provider of transportation management services
and logistics technology, helping manufacturers, retailers and
distributors optimize supply chain operations and increase financial
performance. Offering a complete suite of transportation management,
strategic capacity, and cross-border & global trade services,
Transplace’s customizable logistics solutions and best-in-class
technology gives businesses greater control of their transportation
operations and enhanced visibility of shipments and overall supply chain
performance. With deep expertise in key vertical markets, including
consumer packaged goods, manufacturing, retail and chemicals, Transplace
works to strategically design and manage customer networks in the most
efficient, cost-effective manner. As North America’s largest
transportation management provider, Transplace leverages its entire
network to solve large-scale, complex supply chain problems for its
customers. From small-to-medium businesses to global brands, Transplace
delivers the optimal blend of actionable business intelligence and
operational excellence you need to manage your supply chain with
certainty. Learn more at www.transplace.com.

Follow the company on Twitter, Facebook and the Transplace Industry Blog:

http://twitter.com/transplace

http://www.facebook.com/Transplace

http://logisticallyspeaking.transplace.com/