US 3PL AIT Worldwide Logistics has continued on its acquisition spree with the purchase of UK freight forwarder ConneXion World Cargo for an undisclosed amount.
According to AIT president and chief executive Vaughn Moore, the acquisition of ConneXion fulfils the long-term goal of establishing a greater presence in the UK market.
“AIT has many customers in the UK with consistently high cargo volume and the company’s aspiration to expand there has intensified …

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Source: The Loadstar