Seko Logistics acquires Air-City
Seko Logistics has completed its largest-ever acquisition with the purchase of the New York-based freight forwarder and cross-border ecommerce experts Air-City. Similar to the purchase of Good Ship International, which added depth and expertise to Seko’s corporate gateway operation in Chicago (IL), Air-City will immediately add additional resources and growth to Seko’s key New York region.
Air-City was established in 1984, expanding to 15 offices worldwide, with New York as its head office. Air-City was among the first group of freight agents authorized by the China Government in 1994 and holds a certificate of approval for the establishment of enterprises in China.
“Air-City will give us immediate depth in the growing westbound airfreight and cross-border ecommerce trade for goods going to China,” said Seko’s president and CEO James T. Gagne. “The Takeover also gives us strategic airfreight volumes and expertise into China as the rising demand for American goods increases along with a rising middle class in China." (mw)