OL International Acquires USA Operation of Transitainer Global

Nov 8, 2017 | Press Release

International logistics company expands capabilities with NVOCC with global shipping expertise

NEW YORK, November 7, 2017 – OL International Holdings LLC (OL International)
today announced the acquisition of the USA office of Transitainer Global based in Long
Beach, California. Transitainer, a specialist in the shipment of air and ocean freight to
Australia, has been a recognized leader in the trade since 1986. Transitainer brings
significant experience and capability to the OL International portfolio of logistics
services within the South Pacific and Australian markets.

Founded in 1986 by Paul Vassie in Sydney, Transitainer has earned a reputation for
delivering the highest level of service and cultivating long standing relationships with
their clients. “We are excited to partner with the OL International team and look
forward to continuing our long tradition as a leading logistics provider in the Australian
market,” said Paul Vassie President of Transitainer.

“Adding Transitainer with its outstanding services and logistics capabilities represents
a significant strategic achievement. Linking Paul and his team with the OL
International family will undoubtedly benefit all our company offices and agents in
over 140 countries,” said Alan Baer, President of OL International. “Paul built a
recognized leader in our business, and we are proud to have joined forces with
Transitainer in this competitive market.”

Shippers are encouraged to contact OL USA to learn more about our services at
+1.516.654.7200 or info@ol-usa.com.

About OL International Holdings LLC:
OL International Holdings LLC is a non-asset-based international logistics company
headquartered in Westbury, New York. Serving primarily as a Non-Vessel Operating
Common Carrier (NVOCC), the Company provides sophisticated ocean, land, and air
freight transportation, customs brokerage, and warehouse solutions. The Company
operates through a network of company offices and independent, agent-owned offices
in over 140 countries worldwide. OL International is a member of the Oceanwide
Logistics Global Network.

Connect with us online at: ol-usa.com or @ologusa on Facebook/Twitter/Instagram

Sign up for The Saturday Shipper

It’s a weekly newsletter that breaks down all of what’s happening in the shipping industry. We promise to only send it out once on Saturdays!

Take me there!

Imports from China now face tariffs of up to 245%, White House says

The U.S. is imposing tariffs as high as 245% on Chinese imports due to national security concerns and China's retaliatory actions, including rare earth export restrictions. These tariffs include a 125% reciprocal...

Trump tariffs on China will soon bring ‘irreversible’ damage to many American businesses

President Trump’s decision to exempt Apple’s iPhone and other tech products from new China tariffs offered limited relief, as the broader U.S. economy, especially small businesses, faces growing strain from a sweeping 145% tariff...

China strikes back with 125% tariffs on U.S. goods as trade war intensifies

China has sharply raised tariffs on U.S. goods to 125% in retaliation for President Trump's recent tariff hikes, which now bring the total U.S. tariff rate on Chinese imports to 145%. Beijing criticized...

Trump temporarily drops tariffs to 10% for most countries, hits China harder with 125%

President Donald Trump announced a 90-day pause on new tariffs, reducing them to 10% for most U.S. trade partners to allow for trade negotiations. He also raised tariffs on Chinese imports to 125%, citing disrespect towards global markets. Following the announcement,...

Trump’s reciprocal tariffs plan kicks in; China vows again to impose countermeasures

President Donald Trump's tariffs are now in effect, including a projected 104% tariff on imports from China. On Tuesday, U.S. Customs and Border Protection announced that it was ready to start collecting country-specific tariffs from 86 trading partners at 12:01 a.m....

Tariff Update – April 3

April 3rd: Section 232 tariffs apply to all imported passenger vehicles and light trucks as classified below - 22.01, 8703.23.01, 8703.24.01 31.01, 8703.32.01, 8703.33.01 40.00, 8703.50.00, 8703.60.00 70.00, 8703.80.00, 8703.90.01 21.01, 8704.31.01, 8704.41.00 51.00,...

Trump to impose tariffs of at least 10%, higher reciprocal rates for some countries

President Trump announced that the U.S. will impose a minimum baseline 10% tariff on all imported goods and higher "reciprocal" tariffs on countries that impose tariffs on U.S. exports. These tariffs, set to take...

Trump Tariff Updates

President Trump is due to hold an event in the White House Rose Garden on Wednesday, April 2nd at 4 p.m. ET. to announce his plans for reciprocal tariffs on countries around the world.  These tariffs are expected to be applied to every country that taxes U.S. imports,...

Trump slaps 25% tariffs on auto imports, warns EU and Canada will face ‘far larger’ levies if they ally

President Trump is reshaping US trade policy with new tariffs, including a 25% levy on foreign-made vehicles starting April 2. While he has promised the tariffs will be "fair," Trump warned...

Trump says any country that purchases oil from Venezuela will have to pay 25% tariff on trade with U.S.

President Trump announced that starting April 2nd, any country buying oil and gas from Venezuela will face a 25% tariff on trade with the U.S. After the announcement, U.S. crude rose by 1.13% to $69.05 per...