B&G Foods Announces Strategic Partnership with DSC Logistics

B&G Foods, Inc. (NYSE: BGS) announced today that it has entered into a five-year logistics services agreement with DSC Logistics, a leading logistics and supply chain management company. Pursuant to the agreement, DSC will provide all warehousing and distribution management services at B&G Foods' three primary distribution centers after the distribution centers are transitioned over the next three to nine months. Robert C. Cantwell, President and Chief Executive Officer of B&G Foods, stated, "We are excited to partner with DSC Logistics. DSC's capabilities and experience providing logistics services in the food industry make them an excellent choice to help us improve customer service and ensure that our warehousing and distribution systems are well-equipped to support our acquisition strategy and expected future growth. In addition, we expect to begin realizing cost benefits from this arrangement during the second half of 2016." "B&G Foods has awarded DSC Logistics the logistics management of its distribution centers because of DSC's track record of excellent service, our collaborative approach and B&G Foods' confidence in our ability to execute," remarked Ann Drake, Chief Executive Officer of DSC Logistics. "We look forward to working with B&G Foods, and are committed to helping B&G Foods achieve its business goals and future growth objectives."