Eagle Logistics Systems and Caribbean Shipping Services Announce Merger
Eagle Logistics Systems and Caribbean Shipping Services, two third party logistics providers, announce their intent to merge their two companies.
(PRWEB) September 6, 2005 -- Caribbean Shipping Services, Inc. and Eagle
Logistics Systems (an affiliate of AJC International, Inc.) announced today an
agreement in principle to merge their companies by combining their operations.
The combined company will be headquartered in Jacksonville, FL. It will
consist of the current operations of both companies. The parties expect the
merger to close by late September. Terms of the agreement were not announced.
Paul Robbins, from Caribbean Shipping Services, and Jeff Mayr, from
Eagle Logistics Systems will remain with the combined company. Both Robbins and
Mayr have said that job loss is not anticipated and have stated that, “The
uniting of these two companies will strengthen our operations and help us create
new jobs through growth.”
“It makes perfect sense for us to combine our
companies,” said Paul Robbins. “We share the same management philosophies in
caring for our employees and customers. We complement each other’s businesses
very well and this transaction will solidify us in the Puerto Rican
market.”
“This merger is all about opportunity and growth,” added Jeff
Mayr “Together as one company we can offer a more comprehensive and quality
service to our customers and provide more growth opportunity for our employees.”
Caribbean Shipping Services was founded in 1993 by Paul and Julie
Robbins. Today they operate from their main offices in Jacksonville, FL and
satellite offices in Miami, FL, San Juan, PR, Charlotte, NC and Howell, NJ. The
company has twice been named to INC Magazine’s list of 100 Fastest Growing Inner
City Companies. Since 1999 they have also been included in the First Coast 50, a
listing of the top fifty companies in Northeast Florida.
Eagle Logistics
Systems was founded in 1998 and became affiliated with AJC International, Inc.
in 2003. Eagle Logistics Systems operates from its headquarters in Jacksonville
and has offices world wide as part of AJC International, Inc.’s global
structure. AJC was founded in 1972 and is one of the top 20 privately held
companies in Georgia.
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Source : http://www.prweb.com/releases/2005/9/prweb280420.htm