WCA joins forces with Elite Global Logistics Network
11 / 10 / 2017
Global forwarder network WCA is to acquire a majority interest in Elite Global Logistics Network (EGLN) in a move that is expected to lead to more opportunities for expansion and growth for the combined membership.
EGLN president Roy Stapleton, who will remain in post after the acquisition, said: “This new agreement is unprecedented in the history of freight networks. EGLN is proud to become a part what we believe is a 'win-win' solution for our members and the network.
“The suite of benefits evolved by WCA has allowed it to stand out as a networking leader, and EGLN members will benefit from these obvious synergies offered by this unique partnership."
At WCA, chairman and founder David Yokeum added: "EGLN will retain its unique ethos and management style, but by adding many of WCA's valued benefits and attributes, alongside strong backroom and financial support, EGLN has the tools to embark on an exciting new phase in its development."
The agreement brings together EGLN’s 332 members across 131 countries with WCA’s huge list of over 6,600 offices in 193 countries around the world.