DC Velocity - September 2013

24 DC VELOCITY SEPTEMBER 2013 www.dcvelocity.com newsworthy

Susan Santo has been named senior director and chief counsel of Menlo Worldwide Logistics, the global supply chain subsidiary of Con-way Inc. ... Third-party logistics company Genco has named Thomas Nightingale as the new president of the company’s Transportation Logistics group. Genco has also appointed Laurie Barkman chief operating officer of Genco Marketplace, a wholesale source for retail returns and surplus inventories. … Hytrol Conveyor Co. Inc. has hired Darren Lowitt as its new director of materials. … Peach State Integrated Technologies Inc., producer of the National Logistics & Distribution Conference (NLDC), has appointed Ralph Henderson as NLDC executive director. … Mike Schoenfeld is now senior vice president, enterprise labor solutions, for TZA, a technology and consulting company specializing in labor performance. … Terry Haber has been appointed as senior vice president for solutions design in North America for Ceva Logistics. … The board of directors of Kuehne + Nagel International AG has appointed Detlef Trefzger as the company’s new chief

newsmakers

Plastic pallet pooler Intelligent Global Pooling Systems (iGPS), which filed for bankruptcy protection in June, has finalized its sale to iGPS Logistics LLC, a joint venture formed by the private equity firm Balmoral Funds, One Equity Partners, several of their affiliates, and Jeff and Robert Liebesman of the returnable packaging company Palogix International.

The sale was announced at the same time the company declared bankruptcy but had been subject to higher and better bids as well as bankruptcy court approval.

“We are extremely excited to have completed this transaction,” said Jeff Liebesman, the new chief executive of iGPS Logistics, in a statement. “Our new capital structure, combined with the pooling experience brought by [the] existing management team, Robert and myself, will enable us to enhance our current operations and expand our product offerings in the years ahead. We look forward to providing world-class service to our customers.” ;