Third-party logistics provider Air Van announced Monday it has acquired fellow Jacksonville, Florida-based company G&C Cartage.
Founded in 1971, G&C Cartage provides warehousing and transportation services to clients out of a lone facility with more than 35,000 square feet of space. The company recently underwent an overhaul, allowing it to reduce costs by more than one-third while doubling profitability.
Financial terms of the transaction were not provided.
Air Van said the additional space will...
https://www.freightwaves.com/news/air-van-acquires-fellow-3pl-gc-cartage