Livingston International, the largest logistics company in North America specializing in customs brokerage, said it has acquired New York-based FPA Customs Brokers.
It said FPA strengthens its air/sea customs brokerage operation and expands the company's presence in the United States — FPA has offices in New York and Los Angeles. Livingston said it was also attracted by FPA's expertise in the retail textiles and apparel industry sectors, areas which the company has targeted for expansion.
FPA, founded in 1993, said the combination with Livingston will give its customers a broader suite of services from which to choose.
Toronto-based Livingston has made several acquisitions in recent years, including M.G. Maher & Co. of New Orleans, as part of its plan to build its forwarding capabilities for small- and mid-size shippers, and round out its geographic presence for brokerage. Also in 2012, the freight services provider bought Vastera, the global trade business of J.P. Morgan Chase Bank, to help clients better manage customs compliance functions.
In 2006, Livingston bought PBB Global Logistics, a Canadian third-party logistics provider and its largest competitor.
Livingston, which employs about 3,200 staff at more than 125 ports of entry around the world, said FPA's co-owners Stan Wawrzonek and Norman Marchetti will stay with Livingston to help with the transition and future activities.