Integrity Express Logistics has been bought by another international logistics company, which will bring more competition to its business and boost its reputation.
Integrity Express also sells an online business, but its global network of companies is now the dominant force.
Integrity has long been known for its low-cost, reliable shipping and handling services, which are also often found in big cities like New York and London.
Its shipping operations have been the backbone of its operations for decades.
The company has been buying and selling its logistics businesses for the last several years, and its $1.2 billion acquisition of Integrity Express marks a major step toward becoming an even bigger player in the logistics business.
Integrity also has a long history of delivering high-quality products to customers worldwide, including the likes of Samsung, the parent company of Apple and Microsoft, as well as McDonalds, Burger King, Walmart, Costco, Walmart Express, and several other big retailers.
The acquisition of its global logistics network will give Integrity a greater presence in the global supply chain, which has been in decline as companies increasingly look to focus on their core businesses.
Integrity is currently the No. 2 logistics company in the world.
The new deal is expected to give Integrity the resources it needs to further expand its network of logistics businesses and become a more important player in logistics and distribution services.
“The company will benefit from the breadth and depth of our network of clients and their requirements,” said Chris Nevin, vice president of corporate communications for Integrity Express.
“Our current operations have grown significantly, with a network of nearly 3,000 facilities around the world.”
Integrity has been a leader in logistics for many years, having won the “Best in the World” award in 2014.
It was recently named one of Forbes 100 companies to watch for 2018.
Integrity operates more than 2,000 shipping and logistics businesses in over 60 countries, including over 300 delivery centers, over 6,000 warehouses, and over 10,000 customer locations.
In 2018, Integrity Express expanded its operations to provide its logistics partners with the tools they need to deliver the best quality products and services to customers around the globe.
Integrity’s global logistics operations span three continents, and it’s headquartered in Los Angeles, California.
Integrity will now focus its efforts on developing its supply chain and expanding its business globally.
The deal will be subject to regulatory approvals and other conditions.