Expeditors International (NASDAQ: EXPD) announced that it is purchasing the digital platform of Fleet Logistics.
The Seattle-based international freight forwarder said the acquisition will support its less-than-truckload (LTL) shipping platform, Koho.
Transaction terms were not disclosed.
“As we have said, we will continue to invest in technology and people. This acquisition extends the services within our Digital Solutions division and evidences our commitment to making investments in our...