TORONTO, Dec. 16 /CNW/ - Livingston International Inc. has sold its
event logistics business, which provides specialized services for trade
shows and other events and which is operated under the name Livingston
Event Logistics, to ICECORP Logistics, announced today Livingston CEO
This transaction does not affect Livingston International's customs
brokerage, international trade consulting, international freight
forwarding, vehicle transportation or managed services businesses.
Under the terms of the transaction, which closed December 15, 2010,
ICECORP Logistics is extending offers of employment to all of
Livingston's event logistics staff, taking over all assets of the
business and assuming all contracts and leases.
"Our decision to exit the convention and trade show business is part of
our five-year plan to focus more sharply and more deliberately on
serving the clients of our growing customs brokerage, trade consulting
and international freight forwarding businesses, particularly in the
United States market," said Luit. "Like the integrated logistics
business that we are transitioning to a competitor as we announced last
week, the niche event logistics operation is interesting, but no longer
fits into our strategy for significant growth. We are confident that
event organizers, exhibitors and our other business partners in the
trade show industry will be well served by ICECORP and that our event
logistics staff will continue to be successful serving the same
clients, as they have in the past," concluded Luit.
Livingston International is Canada's largest customs broker and one of
the top five customs entry filers in the United States. The company
also offers international trade consulting services as well as
international freight forwarding services across North America.
Headquartered in Toronto, Ontario, Livingston has approximately 2,200
employees located at some 100 key border points, seaports, airports and
other strategic locations across Canada and the United States.
SOURCE Livingston International Inc.
For further information: For further information:
Dawneen MacKenzie, vice-president, corporate communication
1-800-387-7582 ext. 3109