Freight forwarder Allstates WorldCargo expands footprint with latest acquisition

Company acquires Georgia-based Saturn Freight Systems

Saturn Freight Systems has 27 offices in the U.S. (Photo: Jim Allen/FreightWaves)

Key Takeaways:

Allstates WorldCargo announced Thursday that it has acquired fellow freight forwarder Saturn Freight Systems for an undisclosed sum.

Marietta, Georgia-based Saturn Freight Systems specializes in time-sensitive logistics and transportation services out of 27 locations, most of which are in the eastern U.S. The company’s customer base includes several Fortune 500 companies in the information technology, medical and printing verticals. It also specializes in trade show shipping.

“This acquisition not only reflects our growth strategy but also allows us to leverage Saturn’s expertise and resources to deliver even greater value to our customers, said Allstates President and CEO Kendra Tanner in a news release. “Together, we will enhance our service capabilities and provide more comprehensive logistics solutions.”

Saturn will continue to operate under its own name with its current team remaining in place.

Orlando, Florida-based Allstates WorldCargo is an air and ocean freight forwarder that also provides warehousing and ground transportation. It operates roughly 20 locations across the U.S. The deal will expand Allstates WorldCargo’s footprint and service offerings.

Allstates WorldCargo acquired Ground Freight Expeditors in 2021.

More FreightWaves articles by Todd Maiden:

Todd Maiden

Based in Richmond, VA, Todd is the finance editor at FreightWaves. Prior to joining FreightWaves, he covered the TLs, LTLs, railroads and brokers for RBC Capital Markets and BB&T Capital Markets. Todd began his career in banking and finance before moving over to transportation equity research where he provided stock recommendations for publicly traded transportation companies.