October 22, 2018

AIT Worldwide Logistics acquires WorldFresh Express

Supply chain solutions provider expands cold chain capabilities, adds 13,800 square-foot West Coast facility for storing frozen, refrigerated and fresh foods.

By DC Velocity Staff

Global logistics firm AIT Worldwide Logistics has acquired WorldFresh Express, a Los Angeles-based freight forwarder specializing in perishable food products, the company said October 17. Terms of the deal were not disclosed.

The acquisition expands the Chicago-based food logistics' company's cold chain capabilities, adding a 13,800 square foot, temperature-controlled facility on the West Coast with zones for holding frozen, refrigerated and fresh foods. WorldFresh founder Doug Kinney will remain with the company, AIT said.

AIT's leaders said the company will continue to look for acquisition opportunities.

"AIT will continue evaluating other cold chain forwarders around the world for potential acquisition," said company President and CEO Vaughn Moore. "Firms that handle distinct commodities with diverse service portfolios are the best fit for our cold chain business model. We are also pursuing firms with a broader logistics scope to support the company's long-term strategic growth plan."

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