AIT Worldwide Logistics buys Panther Logistics

AIT Worldwide Logistics buys Panther Logistics

Panther Logistics has been acquired by US based AIT Worldwide Logistics.

The acquisition will see AIT supporting Panther’s growth, while also extending AIT’s presence in the UK market.

Colin McCarthy, Executive Director at Panther Logistics will be assisting Gary McKelvey who will take over as Managing Director.

McCarthy said: “Becoming part of AIT’s expansive global network provides a springboard for further growth and investment.

“With the growth in online shopping continuing to escalate at unprecedented levels, the quality of delivery has become a key differentiator for many retailers and a major driver for consumers.”

AIT President and CEO, Vaughn Moore added: “I’m looking forward to the results of blending subject matter experts between our two companies and building off each other’s best practices, particularly in the booming e-Commerce space.”