Global supply chain solutions company, AIT Worldwide Logistics (AIT) has announced the acquisition of a Los Angeles-based perishable foods freight forwarder.
WorldFresh Express will expand AIT’s extensive cold chain capabilities by adding specialised operational knowledge, as well as a 1,280m2 temperature-controlled facility located on the United States’ West Coast.
Through the acquisition, WorldFresh founder Doug Kinney has assume the role of station manager, and he will lead the team as they integrate with AIT.
“WorldFresh is excited about becoming a part of AIT Worldwide Logistics' thriving cold chain division," said Kinney. "AIT's resources and reputation in the cold chain industry are a boon for our team's operations and we look forward to enhancing the organisation's commercial supply chain business with our assets and expertise.”
Bringing diversification into AIT’s 22-year-old offering, WorldFresh is just a step in AIT’s plan for growth, according to president and CEO Vaughan Moore.
“AIT will continue evaluating other cold chain forwarders around the world for potential acquisition,” he said.
“Firms that handle distinct commodities with diverse service portfolios are the best fit for our cold chain business model. We are also pursuing firms with a broader logistics scope to support the company's long-term strategic growth plan.”