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Allport Cargo Services (ACS) is to acquire French sea freight forwarder ECT, with an eye on increasing European service offerings.
The deal, for which no price has been announced, is expected to be complete by the end of June, ACS acquiring all ECT companies and rebranding them under its own name.
The two companies have been in a long-term partnership with ACS’s NVOCC, Far East Cargo Line. ACS group chief executive Charles McGurin said he was pleased with the deal.
“ECT will help ACS better ...
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