GoodShip: Seko To Pursue More Acquisitions Following First All-In Purchase, Executive Says

Fresh from the first full acquisition in its 42-year history, third-party logistics provider Seko Logistics will stay on the acquisition hunt into the new year, its chief marketing executive said today.Privately-held Seko, based in Itasca, Ill., said last Thursday that it acquired GoodShip International Inc., a Chicago-based shipping, customs brokerage and compliance firm, for an undisclosed sum. Seko has entered into partnerships in the past, and last September it acquired a majority stake in Omni-Channel Logistics, a long-time partner, to boost Seko's e-commerce and information technology offerings. The Goodship acquisition takes Seko's ambitions into unchartered territory, however.Brian Bourke, Seko's vice president, marketing, said the company is evaluating "tuck-in" acquisitions to fill out product and service gaps in its portfolio. Its strategy includes "engaging with small, independent (freight) forwarders that want to hear about the value of joining our network," ...Full story available on Benzinga.com