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 cargo handling services firm Pinnacle Logistics in the United States. Financial details however have not been disclosed so far.
Headquartered in Fort Worth, Texas, Pinnacle Logistics is a leading provider of cargo handling services for the aviation market in the US 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.”