American Fast Freigh acquires Grand Worldwide LogisticsStaff Writer | July 10, 2017
American Fast Freigh (AFF) announced that it had acquired Grand Worldwide Logistics (GWW).
Acquisition The largest U.S. domestic ocean freight forwarder
Headquartered in Chicago, Illinois, GWW is a leading warehouse and third-party logistics company serving the beverage/spirits, food and paper industries, among others.
The purchase of GWW expands AFF’s global logistics platform by adding blue chip customers, a talented management team, more than two million square feet of warehouse space, and over 150 rail spots.
Dave Schulman, President of GWW, will continue to have an advisory role and has re-invested a significant portion of his sale proceeds into AFF. ■