Business, Freight News, Logistics

AIT Worldwide Logistics acquires Multimodal International.

[ June 11, 2021   //   ]

Supply chain solutions leader AIT Worldwide Logistics today announced the acquisition of Elk Grove Village, Ill.-based Multimodal International, Ltd., a licensed U.S. Customs broker with four decades of experience in the automotive, machine tools, metals, electronics and chemical industries.
AIT’s latest acquisition not only boosts the freight forwarder’s annual clearance entries by more than 10 percent—to nearly 50,000 a year—but also injects the company’s in-house customs brokerage team with more than 40 more years of intellectual capital, increasing the organization’s number of licensed customs brokers to 14.

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