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ACE Logistics Group AS

Baltic freight-forwarding and logistics group founded in Estonia in 1992, offering air, sea, rail and road transport plus warehousing and customs services.

Last updated September 26, 2026

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Overview

ACE Logistics Group AS is a holding company for a group of logistics firms headquartered in Tallinn, Estonia. The group traces its origins to 1992, shortly after Estonia regained independence, when Estonian Air Cargo AS — later renamed Air Cargo Estonia AS and then ACE Logistics Estonia AS — began providing air freight forwarding services. The ACE Logistics business name was adopted in 1997. Over more than three decades the company grew from an air-freight specialist into a multi-modal logistics provider, expanding from Estonia into Latvia, Lithuania, Ukraine and Finland. Today ACE Logistics describes itself as a group of logistics firms operating in the Baltics and neighbouring countries, aiming to be one of the leading logistics service providers in the Baltic region. Its service range covers transport by road, air, sea and rail, complemented by support services such as 3PL warehousing, customs clearance and cargo insurance. The group cooperates with international logistics networks to serve customers worldwide. Its corporate structure includes forwarding and logistics operations in Estonia, Latvia, Lithuania and Ukraine, an air cargo handling business (Cargo Handling), airline representation companies (Air Proxy Estonia and Air Proxy Latvia) and a real estate management entity (Sepise Kinnisvara). ACE Logistics emphasises quality and sustainability, holding ISO 9001 and ISO 14001 certificates for quality and environmental management. It states a strong focus on ESG principles, including energy efficiency, waste reduction, greener transport methods and community engagement, and it supports logistics education projects in its markets. The group is privately held. Its first chief executive was Karli Lambot, and since late 2005 the CEO has been Andres Matkur. In 2021 the group employed about 200 people across its companies, with consolidated turnover of EUR 72 million and roughly 430,000 shipments handled by its logistics businesses.

History

ACE Logistics Group AS is a holding company for a group of logistics firms headquartered in Tallinn, Estonia. Its history begins in 1992, after Estonia regained independence, when Estonian Air Cargo AS was founded to provide air freight forwarding services. The company later operated under the names Air Cargo Estonia AS and ACE Logistics Estonia AS. The ACE Logistics business name was adopted in 1997. The first chief executive was Karli Lambot; since late 2005 the CEO has been Andres Matkur. Starting as an air freight specialist, ACE Logistics became one of the largest air freight forwarders in the Baltics at the time. Operations were subsequently expanded from Estonia to Latvia, Lithuania and Ukraine, and additional transport services were introduced. The group also expanded into Finland. Today ACE Logistics offers a comprehensive range of logistics services, including transport by road, air, sea and rail, plus support services such as 3PL warehousing, customs clearance and cargo insurance. It cooperates with logistics networks around the world. The group's structure includes forwarding and logistics companies in Estonia, Latvia, Lithuania and Ukraine; Cargo Handling, which provides air cargo handling services; Air Proxy Estonia and Air Proxy Latvia, which represent airlines; and Sepise Kinnisvara, which manages real estate. In 2021 the group employed about 200 people across these companies, with consolidated turnover of EUR 72 million, and its logistics companies handled approximately 430,000 shipments. ACE Logistics emphasises quality and sustainability, holding ISO 9001 and ISO 14001 certificates. It states a commitment to ESG principles, including energy efficiency, waste reduction, responsible resource management, greener transportation methods, ethical business practices and community engagement, and it supports logistics education projects in its markets.

  • 2021

    Group employed about 200 people, with consolidated turnover of EUR 72 million and approximately 430,000 shipments handled.

  • 2005

    Andres Matkur became CEO in late 2005.

  • 1997

    ACE Logistics business name adopted.

  • 1992

    Estonian Air Cargo AS founded, providing air freight forwarding services.

  • Operations expanded from Estonia to Latvia, Lithuania and Ukraine.

Products and positioning

One of the leading logistics service providers in the Baltic region, combining over 30 years of experience with quality and sustainability standards.

  • Air freight forwarding

  • Sea freight forwarding

  • Rail freight forwarding

  • Road freight transport

  • 3PL warehousing

  • Customs clearance

  • Cargo insurance

  • Air cargo handling

  • Airline representation

  • Real estate management

Sources6 sources

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