The NVO will join LEL’s Puerto Rico division LEL Caribe. This is the company’s second acquisition of the year (LEL bought C&F Logistics of San Juan in March). The company said these purchases allow it to expand services to other areas in the Caribbean, such as the Cayman Islands and Panama.
“By effectively serving the Caribbean market we are able to introduce our company to the mainland U.S., Canada, and Mexico shippers that sell in Puerto Rico,” said LEL Chief Executive Officer Thomas Torcomian.
Torcomian said the Horizon International Shipping buy will give his company another warehouse in Miami as well as allowing it to condense and adjust operations in Elizabeth, N.J.; Jacksonville, Fla.; and San Juan.
Horizon International Shipping, which is not affiliated with Horizon Lines (an ocean carrier and logistics services company that operates in the U.S. domestic trades, including Puerto Rico), was founded by Vicky Arbelaez in 1995. She will stay on with the company in Miami. – Geoff Whiting
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now