Target Logistics buys Air America Freight Service

Target Logistics and its subsidiary, Target Logistic Services, have acquired Air America Freight Service, a third party logistics company that provides a freight-forwarding services in metropolitan Atlanta. Terms of the acquisition were not disclosed. This is the second freight-forwarder acquisition by Baltimore-based Target Logistics in fiscal 2002, as the company recently acquired SDS Logistics,

Sean Kilcarr

Feb. 12, 2002

This is the second freight-forwarder acquisition by Baltimore-based Target Logistics in fiscal 2002, as the company recently acquired SDS Logistics, a Newark, NJ-based forwarder. Target Logistics expects these acquisitions to add approximately $5 million in revenue and $500,000 to net profit on an annual basis.

"We believe that these acquisitions will allow us to strengthen our existing operations, take advantage of savings through the elimination of duplicative costs and improve our gross profit percentage through increased volume," said CEO Stuart Herrleman.

About the Author

Sean Kilcarr

Editor in Chief

Sean Kilcarr is a former longtime FleetOwner senior editor who wrote for the publication from 2000 to 2018. He served as editor-in-chief from 2017 to 2018.