Ascent Global Logistics, a $2.5 billion logistics firm, is under new management and plans to expand globally. The company, which primarily serves the automotive and industrial sectors, aims to diversify its customer base by targeting the healthcare sector. CEO Paul Martins also intends to increase Ascent's international business from its current 25-27% to 40% or even 50%. The company may make strategic acquisitions to achieve this goal. Additionally, Ascent values technology as a crucial aspect of its operations, as it leverages its online platform for customer bidding and collaboration with carriers.
Frequently Asked Questions
Q: What is the news about Ascent Global Logistics?
A: The news is that Ascent Global Logistics is preparing to sweep into new verticals and undergo global expansion under new management. More information can be found in this article from The Loadstar: New broom at Ascent Global prepares to sweep into new verticals.
Q: What is the significance of the broom in the news about Ascent Global?
A: The broom mentioned in the news about Ascent Global is a metaphorical reference indicating a fresh start or change in management. It signifies the company's plans for global expansion and venturing into new verticals. You can read more about it in this article from The Loadstar: New broom at Ascent Global prepares to sweep into new verticals.
Q: How is Ascent Global Logistics preparing for global expansion?
A: Ascent Global Logistics is preparing for global expansion by undergoing a change in management. The company is poised to enter new verticals and expand its operations on a global scale. For more details, you can refer to this article from The Loadstar: New broom at Ascent Global prepares to sweep into new verticals.