Corp America February 2017

CORP AMERICA / FEBRUARY 2017 7 NEWS , If distributed widely, thus supporting both public and private projects, increased expenditures will cre- ate opportunities for smart and secure technology upgrades in both infrastructure and defense, paving the way for the next generation of travel, transport, broadband and utility delivery. However, there is a lack of clarity regarding the ways in which spending, coupled with tax cuts, will impact mid-term economic growth, especially if Trump’s proposed trade reforms lead to economic contraction. “Self-determination will play an increasingly important role in American culture over the next four years, with citizens, businesses, cities and states adjusting to the redirection of responsibilities away from the federal government,” said Frost & Sullivan Visionary Innovation Senior Consultant Jillian Walker. “Decisions regarding income, investment and funding will become even more specific, personalized, and consequential, and there will be a greater need for consumer guidance.” There will also be keener focus on automation technologies in manufacturing, with manufactur- ers finding a balance between controlling costs and expanding American operations. The sec- tors that will gain the most from proposed deregulation include energy and financial services. “In terms of consumers, we expect “We value ACE’s nearly 30-year commitment to pro- viding quality freight forwarding, ware- housing, fulfilment, as well as its inventory and trade management services to its customers,” said Charlie Hornecker, CEO of OIA Global. “Joining forces with ACE expands OIA’s footprint into the highly competitive Canadian market of Toronto, and adds to our global network of locations which includes countries in Eu- rope, Asia, and South America,” Hornecker stated. “We are joining a fast-growing company with one of the most unique value propositions in the supply chain and logistics space,” said Rick Trizano, Presi- dent of American Cargo Express. “OIA’s ability to manage custom- ers’ procurement and sourcing needs will dovetail very well with ACE’s supply chain services. Most importantly, OIA has a great employee-driven culture, which is what makes it even more mean- ingful,” Trizano added. “Acquisitions such as this only work if we can continue to inno- vate and provide value-enhanced benefits with our ‘customer-first’ service,” Hornecker added. “Can- ada will mark the 27th country in which OIA Global operates and we will continue to explore these types of acquisitions in the future, provided they are strategic to our business, help grow our brand, expand our network and create value for our customers,” he noted. For more information, please visit www.oiaglobal.com , www.ldiltd.com and www.americancargoexpress.com connected delivery models for education, healthcare and finan- cial services to accelerate, meet- ing greater consumer demand for a wider range of convenient, affordable, and on-demand alter- natives,” noted Walker. Trade, especially, is under a cloud of uncertainty, causing businesses to reassess their supply chains and long-term investment strategies. Compa- nies are also adapting to Trump’s use of social media, and they will increasingly deploy proactive strategies emphasizing their commitment to America. “In terms of foreign policy, Trump has begun his administration with a much friendlier attitude toward Russia, and there is a strong possibility that the U.S. will lift its sanctions on the country,” noted Walker. “U.S. relations with both Mexico and China will be strained in the first few months of Trump’s presidency. It is evident that Mexico will be hit the worst, as American manufacturers are already reconsidering expand- ing capital investments in the country.” Overall, Trump’s economic plan, his approach to trade, and his realignment with global powers could stimulate a short-term boom, but they could also lead to economic contraction over the mid-term if planned approaches do not yield anticipated results. ww2.frost.com OIA Global Acquires American Cargo Express, Expands North American OIA Global, a leading worldwide transportation, supply chainmanagement, and packaging solutions provider announced in late January that it had acquired American Cargo Express, a New Jersey-based provider of domestic and international freight forwarding, warehousing and trade management services. Financial terms of the transaction were not disclosed.