Mergers/Acquisition Integration

Mergers and acquisitions are relationship intensive, and require a mindset of vision, commitment, and finesse. Creating exhaustive plans and receiving buy-in from all impacted parties as well as deploying discovered ideas from all stakeholders leads to a more integrated outcome.

USF Reddaway/USF Bestway Merger

We led a six-week facility consolidation effort directed to the company’s operational merger of two major regional carriers. The project’s task was to identify and direct qualified team leads that focused key project components of data/voice integration, space planning, employee migration process, site design/reconfiguration, and business process integration.

  • Acquisition caused overlapping duplicity with equipment pools and P&D drivers in eight terminals. The financial synergy required the identified eight terminals were consolidated into four terminals.
  • Project saving were captured in consolidated terminals have a projected savings of $1.4 million in lease elimination. Additional savings were in terminal expenses, and labor reduction. Overall projected savings are $30 million over five years.

USF Reddaway – OPCOS System

Data Collection Integrates Dispatch Management System that we integrated technology and streamlined data collection processes to create a paperless system. Leveraging existing phone technology from within current wireless phone providers, we were able to integrate a dispatch management system, providing real-time shipment updates entered by local drivers. Shipments were time stamped at arrival and departure. 90% of the network was online within five months.

The system improved margins, reduced labor costs, and improved driver management. Additionally, a foundation was created for self-serve websites for customers to access real-time shipment data. The total cost of implementation was $700,000, which was well below the $25 million the parent company was prepared to pay to purchase technology.