“SBS has built a tremendous reputation in our industry,” said Scott Fisher, CEO of EFW. “We complement each other’s business very well with very little overlap, and together, we’ll prove to be more agile in servicing our customers, both internationally and domestically.”
Paul Goff, founder and president of SBS, added: “We are thrilled to join the Estes family and bring our expertise to EFW. While we have similar philosophies, our companies have succeeded in different areas. Combining our strengths will enable us to better serve customers across the globe.”
Goff will remain as Executive Vice President at EFW, while Fisher will continue to lead the merged companies. The acquisition is scheduled to be finalized by the end of October and will increase EFW’s workforce from 750 employees to over 1,100, with ongoing hiring in the coming months.
“There’s a lot to celebrate this year, and looking back on our 20-year history, it’s remarkable to be within striking distance of the $1 billion mark,” Fisher said. “Joining with SBS to bolster our global services is a monumental achievement, and we are extremely appreciative of our team’s dedication and hard work throughout our entire 20-year journey.”
“We also are proud of the E in EFW and would not be where we are today without Estes’ unwavering support and reputation,” Fisher said. “We look forward to utilizing the expanded SBS network and capability to deliver more value to the Estes enterprise and leveraging the base of over 20,000 active customers.”
About Estes Forwarding Worldwide (EFW)
Estes Forwarding Worldwide (EFW) is a leading provider of logistics and freight forwarding solutions, offering a full range of services including domestic air and ground transportation, truckload brokerage, international air and ocean, customs brokerage, warehousing, and trade show services.
A subsidiary of Estes, the largest privately held transportation company in North America, and headquartered in Richmond, Virginia, EFW is supported by an extensive network of assets, providing clients with a hybrid transportation solution. EFW has received several industry awards, including Specialty Carrier of the Year and E-Commerce Delivery Carrier of the Year. EFW has also been recognized as a leading 3PL to watch by Global Trade Americas.
To learn more about EFW, please visit http://www.EFWnow.com.
About Superior Brokerage Services (SBS)
SBS is one of the few single-source, asset-based supply chain solutions in the industry. The company handles every step of international freight including import/export freight forwarding, U.S. customs brokerage, domestic transportation, third-party warehousing, and distribution.
Privately owned and based in Minneapolis, Minnesota, SBS has been in business for over 25 years, providing end-to-end, complex supply chain solutions to successful brands across various industries.
To learn more about SBS, please visit www.sbs-intl.com.
Media Contact
Renee Langdon, Estes Forwarding Worldwide, 1 484-577-2147, [email protected], https://efwnow.com/
SOURCE Estes Forwarding Worldwide
