WFS expands North American presence with Pinnacle Logistics deal
24 / 09 / 2021
By Damian Brett
Ground handler Worldwide Flight Services (WFS) has acquired Pinnacle Logistics as it looks to expand its presence in North America.
Fort Worth-based Pinnacle is focussed on specialist express cargo handling for e-commerce customers and has a handling presence at Dallas Fort Worth, Houston, Austin, San Antonio, Allentown (PA), Minneapolis and Bradley (CT). It also has a trucking operation based out of Texas.
WFS said the acquisition delivers on its commercial growth strategy, which includes “accelerating revenue growth in cargo handling through product development including high-growth specialist e-commerce handling”.
Michael Simpson, WFS’s executive vice president Americas, said: “The acquisition of Pinnacle Logistics enhances our core cargo and express cargo handling value proposition to customers, and Pinnacle’s established trucking logistics business further expands our service offering.
“Pinnacle’s people bring renowned experience and expertise, great service quality, and long-standing customer relationships with them to WFS. This acquisition is a strong strategic and cultural fit for WFS and we are delighted to welcome the Pinnacle team to WFS.”