Terms of the agreement were not disclosed.
Passport Transport is a 30-year-old family business that moves antique cars, race cars and other specialty autos, as well as cars owned by collectors, sports figures and celebrities in custom-designed enclosed trailers. The company uses owner-operators exclusively, as does FedEx Custom Critical.
"FedEx Custom Critical has been involved in specialty transportation markets for more than a decade through our White Glove Services division," says James F. Snider II, vice president and general manager of the White Glove division. "The acquisition of Passport Transport enables us to apply our expertise in shipment monitoring and control to a market we have not previously served."
Passport Transport will continue to operate in its current location in St. Louis as a wholly owned subsidiary of FedEx Custom Critical. Founder Robert Pass will serve as general manager, and Snider will oversee Passport Transport's operations.