DGX buys C&H Freight operations

DGX buys C&H Freight operations
   Dependable Global Express has acquired certain operations of C&H Freight, a neutral non-vessel-operating common carrier that specializes in the Central and South American trade.
   DGX specifically acquired C&H’s weekly and bi-weekly consolidations from the U.S. West Coast to Central and South America, a network of agents in Latin America and the company’s good will. Terms of the purchase were not disclosed.
   C&H, based in Torrance, Calif., was founded by Mat Silver, a 30-year veteran in ocean and air cargo. He and the majority of his staff will join DGX at its headquarters in Rancho Dominguez, Calif.
Dechter
   “We have been exploring for some time the acquisition of a consolidator who specializes in the Latin American market to round out our international logistics services,” said Brad Dechter, president of DGX, DHX-Dependable Hawaiian Express, and DAX-Dependable AirCargo Express, in a statement.
   “C&H Freight fits our needs perfectly with a growing presence throughout Central and South America and particularly with the major trading nations within Central and South America as well as the Caribbean,” he added.
   Dechter said C&H Freight will be folded into DGX, the international ocean freight arm within the Dependable Cos. Silver will be in charge of the new Latin American trade lane, while Antonio Bellido, C&H’s director of sales and marketing, will manage the transition, as well as grow the business. C&H’s smaller air cargo operation will be absorbed into DAX, Dechter said.