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 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Evergreen Upgrades its Intra-Asia Service Network

Evergreen Line announced it will partner with Mariana Express in launching a joint South China- East Malaysia (SEM) Service. The new initiative will give a boost

Bureau Veritas Diversifies with MatthewsDaniel Acquisition

Bureau Veritas announced today that it has acquired MatthewsDaniel Ltd, a global provider of loss adjusting and risk assessment services for the offshore industry.

Fogal Retires from Zentech After 57 Years in O&G

Robert “Bob” “Sonny” Fogal, Jr., one of the icons in the offshore oil and gas industry, has decided to retire from front-line work as Zentech’s Director of Business Development.

News

Vard Orders Parat Electric Steam & Hot Water Boilers

During the last month, PARAT Halvorsen AS has collected four new boiler plant orders from the Vard Group and their multipurpose platform ships of Vard 1 08 design.

N-KOM Lays Keel for Qatar’s First Liftboat

Nakilat-Keppel Offshore & Marine (N-KOM) has achieved another milestone with the keel laying of its first liftboat newbuild project, awarded in July 2014 by long-time

STS Young Endeavour Prepares for World Voyage

The Royal Australian Navy operated Sail Training Ship, Young Endeavour, is undergoing maintenance work in preparation for a 12-month world circumnavigation. It

Logistics

Evergreen Upgrades its Intra-Asia Service Network

Evergreen Line announced it will partner with Mariana Express in launching a joint South China- East Malaysia (SEM) Service. The new initiative will give a boost

Logistical Scenario Analysis for Hydrodynamic Applications

To calculate the operability of the whole logistics chain, rather than only individual operations, MARIN has developed the hydrodynamic scenario analysis program ScenSim.

Algeria in Talks to Export Crude to Venezuela

Algeria is in talks to export crude oil to fellow OPEC member Venezuela, Algerian Energy Minister Youcef Yousfi said on Tuesday, confirming a Reuters report. Last week,

Mergers & Acquisitions

Bureau Veritas Diversifies with MatthewsDaniel Acquisition

Bureau Veritas announced today that it has acquired MatthewsDaniel Ltd, a global provider of loss adjusting and risk assessment services for the offshore industry.

Aker Solutions Update on Company Hive-Off

Aker Solutions informs updated unaudited financial information for the two companies - the new Aker Solutions and Akastor - that will be formed following the split

NYK Opens New Planning Center in Kumamoto

On September 1, 2014, NYK and Kozo Keikaku Engineering Inc. established a stowage planning center for container shipping at the Kumamoto office of Kozo Keikaku Engineering Inc.

 
 
Maritime Contracts Maritime Security Naval Architecture Offshore Oil Pod Propulsion Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | 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: 0.2185 sec (5 req/sec)