AIT acquires Sydney-based Connor Anderson International

AIT Worldwide Logistics (AIT) is expanding its presence in Australia with the acquisition of the Sydney-based freight forwarder Connor Anderson International (CAI). Terms of the acquisition remained undisclosed. AIT is laying the groundwork to serve technology companies in Australia and broader Oceania markets, leveraging CAI’s capabilities. The company is already managing a variety of specialised cargo with emphasis on services for tech companies who require logistics support to deliver cloud computing components and other high-value, high-touch equipment that enable artificial intelligence functions.

AIT’s chief development officer, Ray Fennelly, said, “This acquisition, and the rapid integration that will follow, demonstrates our strategic response to customers in the region and serves as the foundation for AIT’s long-term expansion to serve Oceania more broadly.”

He added that CAI features a customs brokerage team, a value-added aspect guaranteeing in-house support for clients with inbound shipments to Australia. “CAI and AIT have a longstanding collaborative relationship dating back to 2011. Ultimately, CAI’s addition will help our customers scale faster in Oceania and execute complex projects with confidence in key industries like aerospace, automotive and technology,” Fennelly said.

In addition to its facility in Sydney, CAI also has a second office and warehouse in Melbourne.

This story was originally published by Project Cargo Journal. Read the full story at Project Cargo Journal →