AIT Worldwide expands UK footprint with acquisition of Panther Logistics
AIT Worldwide Logistics is strengthening its position in the UK market with the acquisition of ...
Logistics firm AIT is keeping up its rapid pace of acquisitions with the takeover of Intelligent Logistics, an Austin-based firm that provides forwarding, cartage, warehousing and truckload brokerage.
It is AIT’s second acquisition this year and the seventh since the start of 2018.
The deal adds 70 staff and two facilities pf 13,300 sq metres of warehousing in two facilities in Austin and San Antonio to AIT’s profile. Intelligent serves verticals including technology, food and beverages, automotive, manufacturing and e-commerce reverse logistics.
“Intelligent’s ...
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