Expeditors International’s Acquisition Of Fleet Logistics’ Digital Platform

Morgan Lewis represented Expeditors International of Washington Inc. in the transaction.

Expeditors International of Washington, Inc. (NASDAQ: EXPD) a leading provider of global logistics solutions, executed the acquisition of Fleet Logistics’ Digital Platform.

The purchase will support Expeditors’ online LTL shipping platform, Koho (gokoho.com), and aligns with Expeditors’ strategy and focus on Digital Solutions. Terms of the agreement were not disclosed.

Expeditors is a global logistics company offering services that include the consolidation or forwarding of air and ocean freight, customs brokerage, vendor consolidation, cargo insurance, time-definite transportation, order management, warehousing and distribution, and customized logistics solutions.

Fleet is a digital freight forwarder offering instant quotes, booking, freight management, and delivery for international and domestic shipments.

Morgan Lewis represented Expeditors International with partners Janice Davis (Picture), Ron Dreben, Casey August, Patrick Rehfield, and John Polito, and associates Christopher Miller and Gene Park.

Involved fees earner: Casey August – Morgan Lewis; Janice Davis – Morgan Lewis; Ron Dreben – Morgan Lewis; Christopher Miller – Morgan Lewis; Gene Park – Morgan Lewis; John Polito – Morgan Lewis; Patrick Rehfield – Morgan Lewis;

Law Firms: Morgan Lewis;

Clients: Expeditors International of Washington, Inc.;

Author: Ambrogio Visconti