Expeditors acquires Fleet Logistics’ Digital Platform

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Expeditors has announced that it has acquired Fleet Logistics’ Digital Platform. The purchase will support Expeditors’ online LTL shipping platform, Koho (gokoho.com), and aligns with Expeditors’ strategy and focus on Digital Solutions. Terms of the agreement were not disclosed.

“This investment supports Expeditors’ online shipping platform Koho (gokoho.com), which helps small shippers quote, book, manage and track their LTL shipments online. Through our Koho pilot, working closely with Fleet, we were able to demonstrate our ability to meet an unmet need. Koho is the first idea to successfully navigate all stages of our innovation framework – from seed through to scale – and represents the culmination of our efforts to create our innovation team and framework,” said Benjamin Clark, Chief Strategy Officer.

Source: Expeditors