Home Page About us Forum MIL

Member Register



FedEx set to acquire Manton Air-Sea Pty Ltd.

10/22/2018 11:21:22 AM

FedEx said that when the transaction is made official Manton will be a subsidiary of the its FedEx Trade Networks operating company.

Global transportation and logistics services provider FedExsaid this week it has entered into an agreement to acquire Sydney, Australia-based logistics, freight forwarding and customs brokerage services provider Manton Air-Sea Pty Ltd. 

Financial terms of the transaction were not disclosed, and FedEx said it is expected to close later in 2018. FedEx said that when the transaction is made official Manton will be a subsidiary of the its FedEx Trade Networks operating company.

FedEx officials said that Manton’s services will help to augment and expand the myriad parts of the FedEx portfolio that focus on global e-commerce. And they added that Manton connects customers to global markets through regional gateways and relationships with multiple air carriers. Manton is well established in the healthcare and automotive sectors, with expertise in air and ocean freight forwarding, and customs brokerage services.

“Adding Manton’s capabilities to FedEx Trade Networks and the broader FedEx portfolio will open up opportunities for us to continue to expand in Australia, a country with a strong GDP and a significant market in the Asia Pacific region,” said Richard W. Smith, president and CEO, FedEx Trade Networks, in a statement. “We look forward to potential business opportunities through the collaboration between Manton and FedEx Trade Networks with the FedEx Express and TNT presence in Asia Pacific and Australia. We are delighted to add the Manton team members to the FedEx family of companies and combine the talents of both teams to contribute to our continued success.”

A FedEx officlal told LM that the acquisition of Manton marks a further expansion of the FedEx global portfolio, specifically in freight forwarding and customs brokerage. 

“Manton’s capabilities will complement our offerings in this dynamic market, and we are excited to work with them to connect people and possibilities around the world,” she said. 



Your comment

Email / Name / Tel:
The most comprehensive and easy-to-use global marine weather application
With the Courtesy of Bao Hoang Yachts Co.
Click "HERE" to get your own 30day free trail
or contact Ms Phuong Bui at Vietnam Shipper:
phuongbq@vil.com.vn / 08.39330 148

On its way to develop alternative energy-sources for greener aviation, Airbus is also supporting basic research activities for electric aircraft concepts “eGenius”...
more ...
Which column are you most interested in VietnamShipper?
Very great
Not very great

© 2005 Copyright byVietnam Institute of Logistics/ Vietnam Shipper. All right reserved. --- Contact for Advertisement

25th Floor, Pearl Plaza - 561A Dien Bien Phu Str., Binh Thanh Dist. HCMC - Vietnam - Tel: (+84.8) 3513 6399 - Fax: (+84.8) 3513 6359 - Email: admin@vietnamshipper.com