ContainerPort Group Parent Company Acquires Pacific Cascade, Bolsters Geographic Footprint
Written By: ContainerPort Group
Cleveland, Ohio - Today, ContainerPort Group’s parent company, World Group, announced the acquisition of Pacific Cascade, comprised of Pacific Cascade Distribution, LLC, and Pacific Cascade Trucking, LLC, both headquartered in Sumner, Washington.
"We are quite happy to add a company with the reputation of excellence like Pacific Cascade to our World Group family," said Fred Hunger, CEO, World Group. "Their core values, commitment to customers, and years of logistics expertise were huge factors throughout our conversations. It's an honor and privilege to welcome them now as part of World Group."
Pacific Cascade, founded in 2005 by Jeff Roulst, is an asset-light provider of 3PL services including drayage, warehousing, transloading, fulfillment and more. They operate over 50 trucks and have garnered motor carrier of the year honors from customers in 2016, 2020 and most recently in 2021. Additionally, in 2015, they were the first drayage provider servicing the ports of Tacoma and Seattle to become fully compliant with updated clean air regulations. Their 267,000 sq ft distribution facility and headquarters are in Sumner, Washington, just east of the city of Tacoma.
Pacific Cascade CEO Jeff Roulst offered the following comments: “This agreement really made sense for both organizations. World Group’s operating companies have a robust presence across the Southeast, Midwest and East Coast, and their recent significant investments in the Pacific Northwest, including a new distribution facility and an express ocean service, demonstrate a commitment to long-term growth in this region. Our leadership teams share a similar vision, and we are excited to see where this journey takes us together.”
CPG President Joey Palmer shared the following: "Historically, CPG has been known for its owner operator model and dominating drayage presence east of the Rockies. We put our customers’ needs at the center of our growth strategy and have heard loud and clear that there is a need for our services across the nation. We are particularly excited to tell our customers about the new opportunities this expanded capacity will create for them. Under the leadership of Frank Wolf, who has been with Pacific Cascade Trucking since its inception, those customers moving freight in and out of the PNW will now have access to Pacific Cascade’s long-tenured, dedicated fleet of company drivers, owner operators, and talented operational teams.”
This transaction is part of World Group’s strategy to invest in the PNW as a transportation corridor and builds on investments the organization has made in the region over the past 12 months. CPG's sister company, World Distribution Services, recently opened a 303,000 sq ft distribution facility in Tacoma, offering customers 3PL services in the region. Additionally, another World Group company, UWL, in collaboration with Swire Shipping, launched Sun Chief, a premium express service between Southeast Asia and the U.S. that calls the Port of Seattle. Adding Pacific Cascade to the roster of World Group companies in the PNW will provide additional capacity and flexibility for Sun Chief customers.
“The time is right for expanding our service footprint to every port and every rail,” added Palmer. “With Pacific Cascade in the mix, we are bringing that added capacity to our existing network and providing customers with more options when it comes to transloading, crossdocking, and port drays on the West Coast."