GeoLogistics hires new executives tasked with reviving Americas division or putting it down
GeoLogistics Corp. brags it delivers "logistics for the real world." Unfortunately, its Americas division's view of reality has been nothing but bleak since it was acquired two and a half years ago.
GeoLogistics is still struggling to revive the former LEP Profit domestic forwarding business into something viable. As the international business gains recognition as a true provider of third-party logistic solutions, the domestic business has fallen farther and farther behind in its fiscal goals and the competition.
GeoLogistics hired four high-powered executives in recent weeks tasked with bringing the dog of a business back to life or putting it out of its misery. "It was an issue when we bought and it's been an issue the whole time," said Luis F. Solis, executive vice president, …