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Published: 9 January 2018      

ContainerPort Group & ASF Merge

Trucking merger creates a stronger network of intermodal depots and larger fleet of trucks serving the central and eastern US.

The Cleveland, Ohio-based ContainerPort Group, Inc (CPG) and ASF Transportation Group, LLC (ASF) from Mobile, Alabama, have announced they have merged effective 1 January 2018. Together the companies will operate under the CPG brand and form an “intermodal powerhouse with over 1,300 power units in most key markets east of the Rockies”, CPG said in a statement.  

Michael Smith, founder and president of ASF Transportation, will now be President of ContainerPort Group, Inc. “We began a search process nearly two years ago to retire the late Russ Graef, who was a veteran of our company for 45 years,” said Fred Hunger, CPG’s Chairman. “Michael brings exactly the type of hands-on, genuine, and no-ego type of management style which we were patiently looking to bring to the organization. His executive leadership from the transportation space, combined with his entrepreneurial spirit is a perfect combination to lead our now 1,300 plus strong fleet, and our Midwest intermodal depot locations.”

ASF Transportation consists of ASF Intermodal, ASF Truckload, ASF Brokerage, and Middle Bay Transportation - with a fleet of nearly 600 independent contractors plus management and support services. “We are very excited to join the CPG team in blending our respective strengths into a dominant force in the intermodal drayage space,” said Michael Smith. “Our strengths as a South, mid-Atlantic, and US Gulf operator are a great strategic fit to CPG’s strengths in the Midwest, mid and North Atlantic markets.” The new larger company will operate 25 intermodal terminals and have a staff of over 400. 

The merger excludes the forwarding and ocean divisions of ASF Group, trading as ASF Logistics and ASF Global, which will remain independent and under the existing management structure.

 



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