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Airfreight wholesaler AWA acquires UAC USA
Yahoo Finance· 2025-11-25 21:54
Core Insights - American Worldwide Agencies (AWA) has announced an agreement to acquire UAC USA, with financial terms undisclosed. The deal will take effect on Monday [1][2]. Company Overview - AWA, based in Hawthorne, California, operates as a neutral wholesaler connecting domestic importers and exporters with global forwarders and transportation providers. UAC USA, located in Grapevine, Texas, is an airfreight wholesaler and consolidator serving major gateways such as Chicago, Los Angeles, and Dallas [2]. Strategic Implications - The acquisition will enhance AWA's coverage and position it as a single source for both air and ocean freight forwarding. Customers are expected to benefit from increased capacity and more frequent air departures, along with additional warehousing and project freight services [2][3]. Operational Enhancements - AWA's CEO, Graham Burford, emphasized that the acquisition strengthens the company's physical footprint and operational capabilities, ensuring continuity and confidence during the transition. Freight handled by UAC USA will operate under the AWA brand starting Monday [3]. Customer Assurance - UAC International's CEO, Mark Kellett, expressed confidence in AWA's professionalism and commitment to service excellence, assuring customers of a seamless transition and enhanced service levels under AWA's leadership [4].