“When you’re handling imported products, there can be hold-ups, but today everyone desires things quick,” said Bourke, including SEKO manages more than 4 million cross-border each year on behalf of its clients. “You can’t wait 2 weeks for a shipment. GoodShip will improve our capability to do bring in deliveries and clear them right away under Section 321, so parcels aren’t delayed. It’s a quite crucial element of cross-border ecommerce.”
“As more U.S. merchants acknowledge that Chinese consumers like American items, this will help them offer into China, with a market of 1 billion individuals and a rising middle class,” he stated. “This is a huge service we’re doing and now it’s being broadened.”
“Air-City will provide us immediate depth in the growing westbound airfreight and cross-border ecommerce trade for goods going to China,” said SEKO’s President and CEO, James T. Gagne in a release.
Brian Bourke, vice president of marketing for SEKO, stated the acquisition of Air-City will enhance its ability to handle cross-border shipments more expeditiously, specifically incoming custom-mades clearance under Section 321 of the U.S. Customs and Border Protection firm’s regulations through its network of bonded warehouses.
Air-City, established in 1984, has 15 offices worldwide. It was among the first group of freight representatives licensed by the Chinese government in 1994 and holds a certificate of approval to establish enterprises in China.
A year ago, SEKO got GoodShip International Inc., which broadened its capabilities in the Chicagoland location, and in 2018 acquired a bulk share in tactical partner Omni-Channel Logistics Australia.
Air-City likewise broadens SEKO’s capability to deal with deliveries into China through its freight combination services, Bourke stated, bundling volume together on behalf of customers to save money on shipping expenses.
While SEKO had concentrated on natural growth since its starting in 1976, Bourke said the business is looking to take an intentional acquisition method to sustain growth, focusing on improving its services through cultural and technology fits.
SEKO Logistics has actually acquired New York-based freight forwarder and cross-border ecommerce firm Air-City, Inc. for a concealed sum as it wants to broaden its shipping abilities into China and include resources and facilities in the important New York location.