In September, 2011, Progressive Logistics Services (PLS) and LMS lntellibound (LMS) announced that the companies would merge to form Capstone Logistics, LLC (Capstone). With the merger, the combined organization will serve more than 235 distribution centers across the nation and be the undisputed U.S. leader in pay-for-performance workforce solutions to the warehouse, distribution and manufacturing industries.
The merger represents a natural progression of business for both companies. Together, PLS and LMS bring best of breed management at all levels of operations and industry best practices for productivity. Unlike smaller competitors, the merged company will offer a full spectrum of services including process engineering expertise, professional field management, value-added reporting, technologyintegration and support, consistent operating protocols, well-trained associates, safety expertise and track record, and a national footprint.
Initially, PLS and LMS will continue to operate under separate company names. NFH, a subsidiary of LMS, will also retain its name. Eventually we will brand as one company named Capstone Logistics, LLC.