OIA Global Acquires U.S. Worldwide Logistics

MarineLink.com
Monday, September 30, 2013

OIA Global, a worldwide transportation, supply chain management and packaging solutions provider, announced that it has acquired U.S. Worldwide Logistics, Inc. (USWWL) a Kentucky-based provider of domestic and international freight forwarding, and warehousing and distribution services. Financial terms of the transaction were not disclosed.

“This acquisition is an important step in our overall growth strategy and confirms our commitment to continue building our U.S. client base, particularly in the Cincinnati – Northern Kentucky metropolitan area,” said Charlie Hornecker, CEO of OIA Global. “Both Pam and Steve Stapleton have built a growing and profitable company by delivering full-service, worldwide transportation and logistics services for a variety of clients. We welcome them to the OIA team and look forward to working together to achieve even more success," he added.

“We are joining one of the fastest growing companies in the transportation and logistics industry. OIA is a company with a great brand and a great culture,” said Pam Stapleton, CEO and President of U.S. Worldwide Logistics, Inc. “This new partnership will put us in a solid position to meet the growing needs of our customers, as well as enlisting a dual commitment to provide advanced supply chain solutions and superior customer service to our clients globally”, she added.

“We will continue to look for these types of acquisitions in the future,” said Hornecker, “provided they are strategic to our business, help grow our brand, expand our global network and create more value for our customers, employees, shareholders and financial partners."

oiaglobal.com
 

Maritime Reporter August 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

MN 100: Gencorp Insurance Group

The Company: Gencorp Insurance Group provides the Insurance and Surety needs of Marine Contractors, Vessel Operators and Shipyards throughout the country and Caribbean.

MN 100: Bordelon Marine

The Company: Founded in 1979, Bordelon Marine is a leading provider of Marine Transportation services operating in the Gulf of Mexico and around the world. The

MN 100: Bouchard Transportation

The Company: Bouchard Transportation’s history dates back to its incorporation in 1918 by founder, Capt. Fred Bouchard, the youngest tugboat captain in the Port of New York.

News

Man Earns Jail Time for Hoax Coast Guard Calls

A man found guilty of making numerous hoax calls to the U.K. Coastguard has been jailed for four months, the U.K. Maritime and Coastguard Agency (MCA) reported.

Panama Canal Suspends Draft Restriction

The Panama Canal Authority (ACP) has lifted scheduled vessel draft restrictions brought on by lingering draught conditions in the region.   The ACP had previously set restrictions of 11.

Med Crude-Russian Urals Edges Lower in Med, Baltic

Russian Urals crude weakened in the Mediterranean and in the Baltic on Friday, while trading activity was limited ahead of a long holiday weekend in Britain, traders said.

Intermodal

DP World H1 Earnings Jump, Mulls Iran launch

DP World may launch operations in Iran, the company's chairman said on Thursday, as the global ports operator reported a jump in half-year earnings after buying assets from its parent company.

Rolls-Royce Showcases MTU's Drive System

Winfried Hermann, Minister of Transport and Infrastructure of Germany’s federal state of Baden-Württemberg, paid a visit to Rolls-Royce Power Systems in Friedrichshafen,

Western Cape Ports Now 'smartPORTS'

The Ports of Cape Town and Saldanha became the latest to go live with Transnet National Ports Authority’s new R79 million web-based Integrated Port Management System (IPMS),

Logistics

Migrant Boat Sinks off Libya; 200 Feared Dead

A boat packed with mainly African migrants bound for Italy sank off the Libyan coast on Thursday and officials said up to 200 might have died. A security official in the western town of Zuwara,

Oil Steadies as Equities Rally

Recovering stock markets boost oil prices; U.S. crude on track for first weekly gain in nine weeks. Oil prices steadied on Friday after bouncing back from six-and-a-half-year

Dutch Green Ports to be Model for Turkey

Netherlands will be a model for Turkey’s ports within an environmentally-friendly Green Port implementation, says Daily News.   Port of Amsterdam and Dutch officials

Mergers & Acquisitions

IRS Opens Office in Abu Dhabi

Indian Register of Shipping (IRClass), a leading Classification Society, today announced it has opened offices in Abu Dhabi. Abu Dhabi is the second office

CFSAI Shifts to New Office in New Mumbai

Container Freight Station Association of India (CFSAI) has set up a full-fledged Secretariat and moved to its new office at “Anchorage Building” in Dronagiri  Node on 26th August 2015.

Hapag-Lloyd Continues on Path for Profits

Merger with CSAV is expected to deliver $100 million higher synergies than targeted, strong operating results, significant increases in transport volume and revenue

 
 
Maritime Security Maritime Standards Navigation Pipelines Pod Propulsion Port Authority Salvage Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1954 sec (5 req/sec)