RIVERVIEW — BlueGrace Logistics announced plans Monday to expand into Chicago, where it will open an office on July 9 in the iconic Chicago Board of Trade skyscraper.
The transportation logistics company plans to hire 80 new sales staffers for that office over the next 12 months.
BlueGrace Logistics chief operating officer Mark Ford, who will manage the company's Chicago staff, said in a statement announcing the expansion that more companies are turning to third-party shipping providers as complexity increases.
Chicago is the epicenter of that outsourced approach to providing clients with access to different carriers, routes and modes of transport at competitive prices, he said.
Founded in 2009, BlueGrace Logistics is based in Hillsborough County, and has 11 offices nationwide, more than 500 employees and 10,000 customers. Its recent growth has been fueled by a $255 million investment by private equity firm Warburg Pincus.
"The Midwest area is rich with young, college-educated talent, and Chicago is already an elite spot for the logistics industry," BlueGrace Logistics president and CEO Bobby Harris said. "The proximity of public transportation and all of the other amenities of downtown Chicago alongside this location made this an easy and logical choice for our business growth strategy to recruit, hire, and train the best and brightest young talent available."
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