SEKO Logistics has acquired freight forwarder and cross-border ecommerce expert, Air-City Inc, based in New York.
The investment represents the latest phase of SEKO’s program to accelerate its strategic vision by expanding its global footprint.
In the past 18 months, SEKO has also acquired a majority shareholding in its strategic partner Omni-Channel Logistics Australia to further solidify and grow its ecommerce and technology solutions for retailers, pure-play etailers, marketplaces and platforms.
“Air-City will give us immediate depth in the growing westbound airfreight and cross-border ecommerce trade for goods going to China,” SEKO’s president and CEO, James T. Gagne, said.
“Air-City also gives us strategic airfreight volumes and expertise into China as the rising demand for United States’ goods increases along with a rising middle class in China.
“We have also added strength to our US import services with the all-important ‘Section 321’ and Type 86 entries for e-commerce capabilities that are so critical for cross-border ecommerce into the US as well as a network of bonded warehouses in the US.”
The addition of Air-City will also build the capabilities of SEKO’s New York Gateway, which offers support to international shippers, by adding key facility infrastructure in the tight real estate market near JFK international airport. Further expansion of SEKO’s JFK operations will be announced in 2020.