Farrow Buys CK Logistics
Canadian customs brokerage Farrow bought CK Logistics, a San Antonio-based brokerage, Farrow said in a Jan. 2 press release (here). CK Logistics, which will be rebranded to Farrow U.S. within 18 months, has locations in San Antonio and Houston, the…
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release said. "This acquisition provides us with a strong presence in the U.S. southwest, one of the fastest growing markets in the U.S.," said Richard Farrow, CEO of Farrow. "Further, it provides us with a local presence for some relatively new large volume clients in the region." The purchase price wasn't disclosed.