ABU DHABI \u2014 The suddenly active ULD market just got a bit hotter today as ACL Airshop, a company that leases, sells, repairs and manage ULDs and cargo net supplies, announced on Wednesday, here at the World Cargo Symposium, that it would merge with Ranger Airshop, the investment arm of Ranger Aerospace.
\nThe move, the companies said, will be focused on growth of ACL\u2019s network, which is expected to grow from the current 45,000 ULDs to 100,000.
\nThe merger has been a long time coming, said Steve Townes, president, CEO and founder of Ranger Aerospace \u2013 16 years to be exact. \u201cThe intent is to grow the ULD network strategically,\u201d he added. In the next five to seven years, the new entity, which will keep the ACL Airshop name, will likely consolidate some locations, he said.
\nACL Airshop said it intends to invest for growth in each of its lines of business, and expand geographically, to \u201ckeep pace with rising industry trends.\u201d The headquarters is near Greenville, S.C., and the main international office is in Amsterdam. Ranger Airshop is capitalized by four large institutional partners worth an estimated US$2 billion.
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\nSource: aircargoworld<\/p>\n","protected":false},"excerpt":{"rendered":"
ABU DHABI \u2014 The suddenly active ULD market just got a bit hotter today as ACL Airshop, a company that leases, sells, repairs and manage ULDs and cargo net supplies, announced on Wednesday, here at the World Cargo Symposium, that it would merge with Ranger Airshop, the investment arm of Ranger Aerospace. The move, the[…]<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[49],"class_list":["post-2313","post","type-post","status-publish","format-standard","hentry","category-news","tag-airport-code"],"_links":{"self":[{"href":"https:\/\/www.actlogistics.vn\/en\/wp-json\/wp\/v2\/posts\/2313","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.actlogistics.vn\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.actlogistics.vn\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.actlogistics.vn\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.actlogistics.vn\/en\/wp-json\/wp\/v2\/comments?post=2313"}],"version-history":[{"count":0,"href":"https:\/\/www.actlogistics.vn\/en\/wp-json\/wp\/v2\/posts\/2313\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.actlogistics.vn\/en\/wp-json\/wp\/v2\/media?parent=2313"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.actlogistics.vn\/en\/wp-json\/wp\/v2\/categories?post=2313"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.actlogistics.vn\/en\/wp-json\/wp\/v2\/tags?post=2313"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}