Amerijet International Inc., a Ft. Lauderdale, Fla.-based portfolio company of H.I.G. Capital, has acquired NationsExpress, a nationwide express trucking company based in Charlotte.
Amerijet International, Inc. today announced its acquisition of a majority interest in Nations Express, a nationwide express trucking company based in Charlotte, NC. Nations Express operates a fleet of approximately 200 trucks in a unique express charter truck service.
John R. Nash, CFO of Amerijet stated, “Nations Express represents a company doing all the right things, at the right time, and a company we believe is a unique fit with Amerijet and our global logistics services. We believe our two companies service customers who desire specialized services and that our products, whether combined or sold separately will be valuable to each of our customers.”
William R. Frazier, Nations Express President and CEO further added, “The investment by Amerijet will provide the additional capital necessary for the Company to take advantage of a number of exciting growth opportunities in the ground freight transportation industry as well as new freight service opportunities offered by Amerijet International, Inc. We look forward to working with the professional management team associated with Amerijet.”
This acquisition coincides with Amerijet’s recent announcement to lease five Boeing 767-200 cargo aircraft. These aircraft will compliment its historical fleet of Boeing 727-200’s. Amerijet also just announced its acquisition of SRX Transcontinental, a Florida based company specializing in ground handling operations throughout Central Asia, and owner of Avialeasing Aviation Company, an Uzbekistan certificated airline with US DOT Part 129 authority. SRX and Avialeasing market the sales, charter operations, and contract maintenance of Antonov An-12 and An-26 aircraft based from both Uzbekistan and Miami, Florida. These aircraft are known for their ramp loading capabilities, unique winch and crane cargo handling system enabling it to load heavy and oversized cargo, as well as their ability to operate to airports not normally served by other commercial and or cargo aircraft.
Amerijet International, Inc. is a full-service multi-modal transportation and logistics provider, offering international, scheduled all-cargo transport via land, sea, and air. Florida-based Amerijet operates offices all over the world, serving destinations throughout the America’s, Mexico, the Caribbean, Europe, Asia, and the Middle East. Amerijet operates Boeing 727-200 and Boeing 767-200 aircraft from its primary hub at Miami International Airport, with 210,000-square-foot export and 100,000-square-foot imports air cargo handling facilities and a 50,000-square-foot ocean cargo facility. A custom-built 10,300 square-foot (227,419 cu. ft.) cooling facility was specially designed to maintain the cool chain integrity of perishables during the transportation process. In addition to the state-of-the-art design features, multiple pre-cooling systems, and 24 hour surveillance, the refrigerated storage space is subdivided into four climate-controlled chambers offering not only refrigerated, but frozen, and chilled storage. For additional information, visit Amerijet on the web at www.amerijet.com.