Ford Motor's U.S. customs operations to merge with Vastera

Wednesday July 26 by Claudia Daily News
Ford Moto Co.'s U.S. customs operations will merge with software company Vastera Inc. in a stock deal of undisclosed financial terms, the companies said Tuesday. Vastera, which is based in Dulles, Va., provides software for global trade management. Under the terms of the pact, Ford's customs operations will be merged into Vastera's Trade Management Services operation in exchange for shares of Vastera stock. Vastera expects the deal to expand its products offerings.

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