USFREIGHTWAYS UNIT BUYS CARIBBEAN AIR FORWARDER
USF Worldwide, the air forwarding unit of trucker USFreightways, has
acquired Puerto Rico-based forwarder Best Ways Air Cargo. Terms were not disclosed.
The Best Ways purchase marks continued expansion of USF’s presence in the air
forwarding market, which began last year with the purchase of Seko Worldwide. USF bought
Texas-based international air forwarder Golden Eagle Group in November.
U.S. less-than -truckload carriers, including Yellow Corp., Consolidated
Freightways and Roadway Express, are pushing into the air forwarding market to capture
more higher-yield, time-definite shipping business.