Florida-based Amerijet International, Inc. announced its second acquisition in as many weeks with its purchase of a majority interest in Nations Express, a trucking company based in North Carolina. Nations operates a fleet of approximately 200 trucks offering express charter truck service.
John R. Nash, Amerijet’s chief financial officer said, "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 chief executive officer, said 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.”
This week’s acquisition follows Amerijet's decision to lease five Boeing 767-200 cargo aircraft and its recent acquisition of SRX Transcontinental, a Florida-based company specializing in ground handling operations throughout Central Asia. SRX also owns 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 An-12 and An-26 aircraft based from both Uzbekistan and Miami, Florida. Amerijet, a multi-modal transportation and logistics provider, operates Boeing 727-200 and Boeing 767-200 aircraft from its primary hub at Miami International Airport.