Schneider acquiring American Overseas Air Freight

GREEN BAY, Wis. — Schneider Logistics has signed a stock purchase agreement to acquire American Overseas Air Freight, an international freight forwarder and a licensed U.S. Customs Broker.

The company specializes in the handling and shipping of import and export products by air, ocean and truck. Upon completion of the acquisition, Schneider National will be the first truckload carrier to complete the cycle of international to inland delivery. Terms of the transaction are not being disclosed.

“The freight forwarding and customs brokerage expertise of American Overseas will complement Schneider’s existing transportation and logistics services offerings as we continue to expand globally,” said Tom Escott, president of Schneider Logistics. “This acquisition is another key component in our strategy to build a comprehensive door-to-door global logistics operation that spans air, ocean, rail and truck transportation.”