Japanese logistics and air/ocean shipping company, Kawasaki Kisen Kaisha (K Line) has reached an agreement with Air Tiger Express Companies, Inc. (ATEC), a US-based logistics service provider, to acquire 51 per cent of ATE’s shareholding.

ATEC is an international freight forwarder and provider of integrated logistics services and has a number of subsidiaries including: Air Tiger Express (USA) Inc., Air Tiger Express (Asia) Inc. and Shenzhen Airport ATE Intl Freight Co., Ltd.