Freight Forwarding Solutions Provider with Project Cargo Specialty
This is an opportunity to acquire a 20-year-old non-asset-based, 3rd Party Logistics Solutions Provider (3PL). The firm specializes in the niche market of Project Cargo freight forwarding, servicing globally diversified customers in the industrial and infrastructure industries; as well as offering the full spectrum of Freight Forwarding traditional services which provide a stable baseline revenue. Services include research and feasibility, organization, and execution of logistics services for breakbulk and irregular cargo ranging from origin and destination inlands, rigging, rail, port services as well as barge, vessel chartering and on-site attendance at project locations.
This company’s brand is recognized as a leader in the global market of project logistics. The ongoing success is a function of the company’s team, with combined industry-specific skills and experience of over 125 years. This, together with the strength of industry relationships yields competitive pricing and operational efficiencies that are evidenced in its proven track record. The business is headquartered in Canada with a field office in Houston, Texas.
In concert with this, the firm’s ongoing development of its corporate infrastructure includes ISO 9001:2015 certification, a proprietary HSE plan, as well as memberships in industry-wide associations on a global scale. Both management and employees attend annual conferences and association meetings, ensuring they are up-to-date with industry changes, while nurturing relationships with both vendors and clients.
The freight forwarding industry has experienced a significant increase in 2021. The dramatically increased globalization and pent-up demand carrying on from the pandemic has brought on supply-chain issues. These issues have increased global dependence on specialists in the freight forwarding industry, whose expertise is expected to be in high demand for the foreseeable future to ensure supply chain disruptions are minimized.
This opportunity is ideal for a complimentary business looking to incorporate a project logistics division, or strengthen an existing division by acquiring a well-established industry leader. Current owner to provide post-acquisition operations support and training as well as a plan for the seamless client and know-how transition. Market offers for share transactions will be considered.