Towne Air Freight Buys Synergy Cargo Logistics

Towne Air Freight said it acquired Synergy Cargo Logistics, which will give Towne a greater presence in the southwestern United States. Terms were not disclosed.

Synergy has eight locations, in Arizona, California, Nevada and Texas. It has 2007 revenue of $25 million, Towne said in a statement.

Synergy, a privately held logistics company, was founded in 1994.

Towne is a time-definite air cargo carrier that has about 300 trucks in its fleet.