M&A Deal Summary |
|
|---|---|
| Date | 2016-06-04 |
| Target | Morrison - Road Transportation Assets |
| Sector | Transportation |
| Buyer(s) | Instico Logistics |
| Sellers(s) | Morrison Express |
| Deal Type | Divestiture |
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| Category | Company |
|---|---|
| Founded | 2014 |
| Sector | Transportation |
Instico Logistics LLC is a 3PL and is licensed through the Federal Motor Carrier Safety Administration and Federal Maritime Commission as a Broker and Freight Forwarder respectively. InstiCo is nationally certified as a Minority Business Enterprise. The company is a full service transportation broker, Freight Forwarder, and Indirect Air Carrier offering its customers logistics and supply chain solutions. In addition, InstiCo Express, LLC offers dedicated, expedited, and over the road transportation solutions.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Transportation M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2016 M&A | 1 of 1 |
Morrison Express began as a regional air freight specialist. Company is a global provider of freight forwarding and logistics services with a network of more than 300 company and agent offices across five continents.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Transportation M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2016 M&A | 1 of 1 |