NewSpring Holdings has invested in USPack Logistics, a privately-held logistics company, focused on providing same-day and next-day delivery services in several key markets in the US.
“Together, we’re evolving USPack’s business model to enhance our competitive advantage and accelerate growth. Our entire team is energised and excited about the opportunities this partnership with NewSpring will provide.”
Founded in 1986, USPack has grown steadily and serves a growing number of national and international Fortune 500 Corporations. With the joint contributions of founders, Peter and Mark Glazman, the Company has maintained a strong commitment to customer service and satisfaction by providing personalised, hands-on courier services to today’s most demanding, time-sensitive industries, including E-commerce, Pharmaceutical, and Healthcare.
"USPack is proud to take this important step with NewSpring, in both ensuring long-term stability for our customers and employees and positioning our organisation for future growth," ays Peter Glazman, CEO of USPack. “Together, we’re evolving USPack’s business model to enhance our competitive advantage and accelerate growth. Our entire team is energised and excited about the opportunities this partnership with NewSpring will provide.”
“We’re thrilled with the opportunity to partner with the Glazmans and the rest of the USPack team,” says Jim Ashton, NewSpring General Partner. “Under Peter and Mark’s leadership, we look forward to USPack’s continued expansion, leveraging the Company’s heritage and market-leading position within the logistics industry. As today’s consumer has come to increasingly expect ‘on-demand’ service models in their professional and personal lives, USPack’s customer service excellence makes the company a standout and will enable them to continually grow and expand.”
USPack will continue to operate under the leadership of Peter and Mark Glazman. The team, together with the resources of NewSpring, plans to further geographic growth and expand its customer base through continued technological innovation, premiere customer service focus and strategic M&A activities.
