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 ...
European port congestion now at five-to-six days, and getting worse
Keep our news independent, by supporting The Loadstar
'Cargo collision' expected as transpacific capacity tightens and rates rise
Houthis declare blockade of port of Haifa – 'vessels calling will be targets'
Another CMA CGM vessel heading for Suez Canal – 'to mitigate schedule delay'
Ocean rates rise after tariff pause acts as 'starting gun' for more front-loading
Navigating supply chain trends in 2025: efficiency, visibility, and adaptability
News in Brief Podcast | Week 20 | 90-day countdown, India and Pakistan
Demand for transpac airfreight capacity returning – but 'it's not ecommerce-driven'
ONE opts for South Korean newbuilds to avoid hefty US port fees
CMA CGM will carry on investing after 'solid' Q1, despite unclear outlook
Air cargo forwarders stick to spot rates – a long-term contract would be 'foolish'
Comment on this article