M&A © Diane Picard
© Diane Picard

PRESS RELEASE

SEATTLE–(BUSINESS WIRE)–Expeditors International of Washington, Inc. (NASDAQ: EXPD) a leading provider of global logistics solutions, announced today that it has acquired Fleet Logistics’ Digital Platform. The purchase will support Expeditors’ online LTL shipping platform, Koho (gokoho.com), and aligns with Expeditors’ strategy and focus on Digital Solutions. Terms of the agreement were not disclosed.

“As we have said, we will continue to invest in technology and people,” said Jeffrey Musser, President and CEO. “This acquisition extends the services within our Digital Solutions division and evidences our commitment to making investments in our business. We are also excited to extend our system capabilities and welcome new talent.”

To read the full release, please click here.

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