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Cargo Newswire

WFS announces acquisition of Pinnacle Logistics, Strengthening its cargo handling platform in the United States

September 27, 2021
in Logistics
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Worldwide Flight Services (WFS), the world’s largest air cargo handler and one of the leading providers of ground handling and technical services, has announced the acquisition of IAS Logistics DFW, LLC (d/b/a “Pinnacle Logistics”), a leading provider of cargo handling services in the United States. Financial details were not disclosed.

 Headquartered in Fort Worth, Texas, Pinnacle Logistics is a leading provider of cargo handling services for the aviation market in the U.S. and is focussed on specialist express cargo handling for e-commerce customers. The acquisition delivers on WFS’s commercial growth strategy, which includes accelerating revenue growth in cargo handling through product development including high-growth specialist e-commerce handling. 

Michael Simpson, WFS’s EVP Americas, commented: “The acquisition of Pinnacle Logistics enhances our core cargo and express cargo handling value proposition to customers, and Pinnacle’s established trucking logistics business further expands our service offering. Pinnacle’s people bring renowned experience and expertise, great service quality, and long-standing customer relationships with them to WFS. This acquisition is a strong strategic and cultural fit for WFS and we are delighted to welcome the Pinnacle team to WFS.”

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Tags: Air Cargo NewsAmsterdamCargo International NewsFort WorthFranceIAS Logistics DFWJapanLiegeLondonPinnacle LogisticsSpainTexasUS Cargo HandlerWorldwide Flight Services
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Devender Grover

Devender Grover

Devender was born in the year when the Beatles Group was formed. He holds two master’s degrees in English Literature and Public Administration. He also has an Honors degree in English Literature and a post-graduate diploma in Corporate Communications and Public Relations. He was closely associated with the Indian State Transport Undertakings and Ministry of Transport in his role as Corporate Communications and PR specialist for over two decades handling domestic and international organizations. He ventured into business forming his own Media House, Profiles Media Network Private Limited which is now a twenty years old company. Excelling as an editor, Marketing, PR, Anchor, and Advertising specialist, he is now expertly navigating the world of social media. A widely traveled professional internationally, Devender has a deep understanding of the Air Cargo, Cargo Business, Cargo Airports, Freighters and Cargo Industry at large.

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