USFREIGHTWAYS UNIT BUYS CARIBBEAN AIR FORWARDER

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.