AEI BUILDS IMPORTS THROUGH CMS ACQUISITION
Air Express International announced that it has bought the business and
certain assets of the CMS group of companies.
The purchase includes New Jersey-based Direct Line Cargo Management Services,
Hong Kong-based Advanced Cargo Management Services Ltd., and other CMS companies in Asia.
Since 1983, CMS has played a strong role in transpacific freight
consolidation services for U.S. footwear and apparel retailers. AEI plans to continue
operating CMS as a separate division under the name AEI Cargo Management Services.
Guenter Rohrmann, AEI’s president and chief executive officer, said the
acquisition of CMS will boost the Darien, Conn.-based forwarders import operations. Terms
of the deal were not disclosed.