OIA ACQUIRES PSD INTERNATIONAL, WESTRANS
OIA, a full-service logistics company, has completed the acquisition two freight forwarders, PSD International Inc. and Westrans.
The deal with Los Angeles-based PSD and Hong Kong-based Westrans expands OIA into new areas of the world. OIA, based in Portland, Ore., is part of the larger Yoshida Group.
John M. Dauernheim, OIA's chief operating officer, said the acquisitions of PSD and Westrans will add company-owned and operated offices in key cities in Asia, including Hong Kong, Manila, Shanghai, Guangzhou, Singapore, Dhaka and Colombo.