M&A Deal Summary

AFF Global Logistics Acquires Global Transportation Services

On July 7, 2016, AFF Global Logistics acquired transportation company Global Transportation Services from JOC Group

Acquisition Highlights
  • This is AFF Global Logistics’ 2nd transaction in the Transportation sector.
  • This is AFF Global Logistics’ 2nd transaction in the United States.
  • This is AFF Global Logistics’ 1st transaction in Washington.

M&A Deal Summary

Date 2016-07-07
Target Global Transportation Services
Sector Transportation
Buyer(s) AFF Global Logistics
Sellers(s) JOC Group
Deal Type Divestiture

Target

Global Transportation Services

Seattle, Washington, United States
Global Transportation Services, Inc. is a freight forwarding and third-party logistics company, specializing in Ocean and Air Freight Import/Export, Domestic Transportation, Customs Brokerage, and Warehouse Services.

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Buyer(S) 1

Buyer

AFF Global Logistics

Fife, Washington, United States

Category Company
Founded 1988
Sector Transportation
DESCRIPTION

American Fast Freight, Inc. is specializes in providing less-than-container load domestic ocean freight forwarding services. In addition to this core business, AFF provides its customers with a full suite of related services including: bypass mail and airfreight forwarding, relocation services, logistics and distribution.


DEAL STATS #
Overall 2 of 4
Sector (Transportation) 2 of 4
Type (Divestiture) 1 of 1
State (Washington) 1 of 2
Country (United States) 2 of 4
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-08 Caribbean Shipping Services

Jacksonville, Florida, United States

Caribbean Shipping operates primarily in the Puerto Rico market specializing in refrigerated freight forwarding.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-06 Grand Worldwide Logistics

Chicago, Illinois, United States

Grand Worldwide Logistics is a warehouse and third-party logistics company serving the beverage/spirits, food and paper industries. Grand Worldwide Logistics was established in 1970 and is headquartered in Chicago, Illinois.

Buy -

Seller(S) 1

SELLER

JOC Group

Newark, New Jersey, United States

Category Company
Founded 1827
Sector Information Services
DESCRIPTION

JOC Group, Inc. is a provider of global intelligence for trade, transportation and logistics professionals.


DEAL STATS #
Overall 1 of 1
Sector (Transportation) 1 of 1
Type (Divestiture) 1 of 1
State (Washington) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-04-07 Global Transportation Services

Seattle, Washington, United States

Global Transportation Services, Inc. is a freight forwarding and third-party logistics company, specializing in Ocean and Air Freight Import/Export, Domestic Transportation, Customs Brokerage, and Warehouse Services.

Buy -