BNSF Logistics LLC, a third party logistics provider and wholly owned subsidiary of Burlington Northern Santa Fe LLC, a Berkshire Hathaway company, has acquired EP-Team Inc., a privately held global logistics project cargo provider.
EP-Team is based in Flower Mound, Texas and operates multiple locations in the US and around the globe. The acquisition by BNSF Logistics comes on the heels of the Albacor Shipping acquisition as the company moves to expand its global project cargo services portfolio.
“EP-Team occupies a very specialized and exciting space in the project cargo market and it perfectly fills one of the few gaps in the BNSF Logistics portfolio. We are confident that the respective strengths of our organizations are going to create a market-leading alternative in the project cargo arena,.” said Ray Greer, BNSF Logistics President.
Integration activities are already underway, though EP-Team will continue to operate with a degree of autonomy and under the same name for an undetermined period of time.