newsworthy
One World Direct puts shoe on other foot with Sanyo acquisition
The nascent convergence of e-commerce and logistics has
been led for the most part by traditional third-party logistics service providers (3PLs). Established 3PL firms like
Menlo Worldwide Logistics, UPS Supply Chain Solutions,
and MIQ Logistics, among others, have offered e-commerce
services as a natural extension of their service portfolios.
Thomas Unterseher, however, plans to move the needle
by reversing its direction. Unterseher, CEO of One World
Direct, spearheaded in early June the purchase of Sanyo
Logistics Corp., the former 3PL unit of the Japanese electronics giant Panasonic Corp. Under the acquisition, terms
of which were not disclosed, Mobridge, S.D.-based One
World will acquire Sanyo’s client base, its staff, and its
500,000-square-foot facility outside Los Angeles.
Unterseher sees the Sanyo acquisition as a normal pro-
gression of both his company and of e-commerce. The 19-
year-old company began in physical distribution but soon
refocused its model on direct-to-consumer fulfillment, 24/7
call center, and e-commerce services to mirror the
Internet’s growing relevance. Along the way, it dropped
“Distribution” from its name and replaced it with “Direct.”
Today, large manufacturers, some of whom are former
Sanyo Logistics customers, are struggling with the nuances
of e-commerce, according to Unterseher. They see the
potential but also the daunting economics of scale of devel-
oping in-house e-fulfillment services. The plan, he said, will
be to marry the digital and the physical worlds to give cus-
tomers the full platform without the hassle of running it
themselves.
short takes
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Equipment Trading Co., a buyer and seller of used material handling equipment, has completed the first year of
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