Mallory Alexander acquires forwarder Quast & Co.
Memphis-based logistics service provider Mallory Alexander International Logistics said Monday it has acquired Quast & Co., Inc., a forwarder and non-vessel-operating common carrier based in Chicago.
Terms of the takeover were not disclosed.
Following the takeover Mallory Alexander will offer the specialized services provided by Quast & Co., including import/export, customs brokerage, international freight forwarding and consulting, as well as the air freight forwarder services of affiliate Quast Air International Inc.
The acquisition also includes Quast & Co. affiliate Ocean Air Transport, which is licensed by the U.S. Federal Maritime Commission to act as an non-vessel-operating common carrier.
Last year, Mallory Alexander International Logistics was formed by the merger of two units of the Mallory Group, freight forwarder Alexander International and warehousing contractor Mallory Distribution.
Mallory Alexander acquires forwarder Quast & Co.
