Expeditors invests in digital platform
Expeditors International, based in Seattle, has acquired Fleet Logistics’ digital platform. The purchase will support Expeditors’ online LTL shipping platform Koho (gokoho.com), and aligns with Expeditors’ strategy and focus on digital solutions. Terms of the agreement were not disclosed.
“As we have said on previous occasions, we will continue to invest in technology and people,” said Jeffrey Musser, president and CEO.
“This acquisition extends the services within our digital solutions division and evidences our commitment to making investments in our business. We are also excited to extend our system capabilities and welcome new talent.” (mw)