The newly acquired company’s locations will be overseen by AIT’s Executive Vice President, Global Operations, Greg Weigel.
Itasca, Illinois based AIT Worldwide Logistics announced to acquire ConneXion World Cargo, a freight forwarder headquartered in London with five additional locations in Asia, Europe, and North America. The supply chain solutions leader’s this move is towards the expansion of its global footprint.
The deal to enhance the customer experience
According to AIT President and CEO Vaughn Moore, the acquisition of ConneXion fulfills a long-term goal for the company to establish a greater presence in the United Kingdom. He stated, “AIT has many customers in the UK with consistently high cargo volume and the company’s aspiration to expand there has intensified in recent years. This acquisition also reinforces AIT customers’ supply chains in the UK with robust local expertise, particularly when it comes to licensing and customs connections. Adding the ConneXion group to our global team will help mitigate any uncertainty our customers with business in the UK may have with respect to the forthcoming Brexit milestones.”
Vaughn added, “AIT is thrilled to expand our operations in Europe with the acquisition of ConneXion World Cargo. We welcome our new ConneXion colleagues in Asia, Europe, and North America to our global team and we look forward to supporting ConneXion’s loyal customers.”
Ray Fennelly, Chief Information Officer, AIT, stated, “ConneXion is an excellent fit for AIT, especially since their company culture is so similar to ours. The members of their management team have a long tenure with the business during which they have cultivated impressive long-lasting partnerships with their customers. They are a financially stable full-service provider with extensive local relationships and knowledge; we are very pleased that ConneXion’s global team of logistics professionals have joined AIT.”
ConneXion World Cargo has offices in Halifax, Canada; Hong Kong, China and Paris, France as well as United Kingdom-based operational centers in London, Exeter, and Manchester. ConneXion’s global headquarters is situated in close proximity to London’s Heathrow airport.
Recent Acquisition by AIT Worldwide Logistics
Recently, AIT Worldwide Logistics has also acquired WorldFresh Express, a Los Angeles-based freight forwarder specializing in perishable food products. The deal expands AIT’s global office network with an additional temperature-controlled facility while supplementing the company’s thriving cold chain team with an infusion of diverse subject matter expertise.