OL Intl. acquires U.S. operations of Australian logistics firm

Based in New South Wales, Australia, Transitainer Global, which has been in the U.S.-Australia trade since 1986, will see its U.S. headquarters in Long Beach, Calif. taken over by New York-based logistics provider OL International.    New York-based logistics company OL International Holdings has acquired the U.S. offices of Transitainer Global, a specialist in the shipment of air and ocean freight to Australia, OL Intl. confirmed Nov. 9.
   Transitainer, which has been in the trade since 1986, is based in New South Wales, Australia. Its U.S. headquarters in Long Beach, Calif. will now be run by OL International.
   “We are excited to partner with the OL International team and look forward to continuing our long tradition as a leading logistics provider in the Australian market,” Transitainer President Paul Vassie said in a prepared statement announcing the transaction.
   OL International, a non-asset-based international logistics company, primarily serves as a non-vessel operating common carrier (NVOCC). It provides ocean, land, and air freight transportation, customs brokerage and warehouse solutions.
   The company operates through a network of company offices and independent, agent-owned offices in over 140 countries.
“Adding Transitainer with its outstanding services and logistics capabilities represents a significant strategic achievement. Linking Paul and his team with the OL International family will undoubtedly benefit all our company offices and agents,” OL International President Alan Baer said in a statement. “We are proud to have joined forces with Transitainer in this competitive market.”