ACE acquisition
OIA Global has bought American Cargo Express (ACE), a New Jersey-based provider of domestic and international freight forwarding, warehousing and trade management services. Charlie Hornecker, CEO of OIA Global, commented: “Joining forces with ACE expands OIA’s footprint into the highly competitive Canadian market of Toronto, and adds to our global network of locations which includes countries in Europe, Asia, and South America.”
Hornecker added: “Canada will mark the 27th country in which OIA Global operates and we will continue to explore these types of acquisitions in the future, provided they are strategic to our business, help grow our brand, expand our network and create value for our customers.”
