Panther Expedited Services Acquires Logistics Firm

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Panther Expedited Services said Wednesday it acquired Integres Global Logistics, a technology-based freight forwarding and logistics company. Terms were not disclosed.Integres offers shippers access to air and deferred-air ground transportation networks, Panther said in a statement.In addition to ground expedited, Panther provides freight quotes, booking and shipment-tracking information.Panther is owned by private-equity firm Fenway Partners, which owns several transportation and logistics companies.Panther was the 42nd-largest truckload company withing the 2006 Transport Topics 100 listing of U.S. and Canadian for-hire carriers. It had about $157 million in revenue in 2005.