Global logistics company AIT Worldwide Logistics said Thursday that it has acquired Multimodal International Ltd., a customs broker that focuses on the processing and clearance of industrial commodities. Terms of the acquisition were not disclosed.
The acquisition is expected to boost Itasca, Illinois-based AIT’s annual customs entries by more than 10% a year to roughly 50,000 entries, AIT said. Elk Grove Village, Illinois-based Multimodal, which has been in business for nearly 40 years, focuses...
https://www.freightwaves.com/news/ait-worldwide-buys-customs-broker-multimodal-international