ITN Logistics buys leading customs brokerage

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MISSISSAUGA, Ont. — ITN Logistics Group today announced it has acquired majority share ownership in Intercontinental Customs Services, as a strategic move to strengthen its ability to assist clients with all details of their logistics requirements.

ITN Logistics renamed Intercontinental to Integral Trade Networks and moved it to the ITN location on Cardiff Blvd. in Mississauga, Ont.

“The Intercontinental acquisition allows us to offer better customs brokerage services by managing the function internally,” says Ian Kennedy, director of ITN Logistics Group.

“While we have always offered brokerage services, it has been through a strategic partner. By bringing the brokerage service in-house and making it integral to our complete logistics solution, we expect to help our customers realize better efficiency for their international trade requirements.”

For ITN customers, the acquisition offers significant value in terms of efficiency in processing import and export orders for Canadian and U.S. customs clearance, the company says.

“Intercontinental customers will benefit from a single-source supplier for their overseas and Trans Border shipments, including consolidated invoicing, faster clearance of imported goods, and a supplier that takes ownership if issues arise,” says Jeremy Ray, director of Integral Trade Networks.

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