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            october 14, 2019

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OIA Global obtains majority ownership of TriMAX joint venture in Vietnam


Portland Oregon's OIA Global, a global third party logistics provider, has announced it has obtained majority equity in its TriMAX joint venture and has formed OIA Global Vietnam Co Ltd., according to Shipping Gazette.
"OIA's clients will now experience a single brand, visibility through our operating system, and an expanded service offering," said OIA Global CEO Charlie Hornecker.
Said OIA Global Vietnam general director TH Lee: "Converting this operation to an OIA Global entity in Vietnam realises our long-term vision to grow in geography, customer base and strengthen our ability to serve our customers."
OIA Global originally formed TriMAX Logistics JV Co Ltd with operations in Ho Chi Minh City and Hanoi.
Since its founding in 1988, OIA has grown to become a leading third party logistics provider, with a staff of 850 and a presence in 75 countries. OIA is a part of LDI Ltd, an Indianapolis-based family business that "funds and operates high-potential, mid-market companies".

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