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

People & Company News

Cashman Continues to Expand US Northeast Barge Fleet

Cashman Equipment Corp. announced the continuing expansion of its U.S. Northeast barge and crane fleet for the marine construction market.   Over the past year,

IMO Forum Aims to Rebuild Somalia's Maritime Sector

A three-day Stakeholders Forum will be held April 27-29 to review draft guidelines for the establishment of a Somalia Maritime Administration, coordinated and funded

AAPA Elects Quinn as Chairman of the Board

The American Association of Port Authorities (AAPA) elected Jim Quinn, president and CEO of New Brunswick, Canada’s Port Saint John, to serve as the international

News

Cashman Continues to Expand US Northeast Barge Fleet

Cashman Equipment Corp. announced the continuing expansion of its U.S. Northeast barge and crane fleet for the marine construction market.   Over the past year,

IMO Forum Aims to Rebuild Somalia's Maritime Sector

A three-day Stakeholders Forum will be held April 27-29 to review draft guidelines for the establishment of a Somalia Maritime Administration, coordinated and funded

Online BWM Tools Launched

Spreading the word on ballast water management – new free online tools launched   A new online learning portal including a free e-learning course on the Operational

Logistics

Milaha Reports Improved Net Profit for Q1

Qatar Navigation (Milaha) Q.S.C. has announced its financial results for the three months ended March 31, 2015, in which it reported operating revenues of QR 786 million vs.

Truckers to Strike Four SoCal Shippers

Truckers who haul freight from the ports of Los Angeles and Long Beach will go on strike against four ground-shipment companies on Monday, a Teamsters union official said,

Maritime Tension Dominates Southeast Asia Summit

Southeast Asian leaders edged closer to open criticism of China's land reclamation in the disputed South China Sea at a regional summit on Monday, as the Philippines

Mergers & Acquisitions

PSA Commissions new Dammam Terminal

Saudi Global Ports LLC (SGP), a joint-venture company formed between the Public Investment Fund (PIF) of the Kingdom of Saudi Arabia and PSA International (PSA)

Golden Ocean Reshuffles Fleet, Delays Newbuilds

Golden Ocean Group Limited has entered into several agreements concerning its fleet. Golden Ocean has agreed with Ship Finance International Ltd ("Ship Finance")

5th Floating Accommodation for Lerwick

A further accommodation ship, Ocean Atlantic, is due at Lerwick on Monday 27 April 2015 and is on its way from Portland in Dorset. As with the other floating accommodation at the port,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Naval Architecture Navigation Pod Propulsion Ship Electronics Ship Repair Shipbuilding / Vessel Construction Sonar
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: 0.3578 sec (3 req/sec)