TWINex

What TWINex does

TWINex, operating under the legal entity Precision Services International, is a Fort Lauderdale, Florida-based freight forwarder and cargo courier that connects the United States (primarily Florida) with island destinations across the Bahamas, Haiti, and Jamaica. Founded in 2012 and operating from a warehouse at 1849 NW 38th Ave, Lauderhill, FL 33311, the company offers integrated door-to-door logistics including air and ocean freight, customs brokerage, courier pickup within South Florida (South Miami to West Palm Beach), pallet consolidation with up to 7-day holding, and charter flights for passengers and cargo at 1,400 / 2,000 / 3,000 / 5,000 lb capacities. Its core distribution asset is a network of wholly owned regional entities and named local agents operating in Eleuthera, Long Island, Andros, Great Harbour Cay, Chub Cay, Staniel Cay, Governors Harbour, Spanish Wells, Abaco, plus a customs brokerage partnership (Bowe's Brokerage) in Nassau and a Haiti operation branded Marabout Freight in Port-au-Prince.

Revenue is generated transactionally: per-pound shipping rates of $1.60 to $3.60 depending on destination, destination-specific minimums ($15 to $50), customs brokerage fees capped at $200, plus ancillary charges for HAZMAT, perishables ($3.00/lb for cold and frozen), rush freight, and Bahamas-side customs surcharges (5-200% duty, environment levy, 12% VAT, $5/day storage after 5 days). Adjacent service lines extend the monetization surface: the We Shop personal-shopping program, fresh-meat/refrigerated shipping, a tax-free Tire Shop (export only) covering Bimini/Freeport/Exuma/Nassau/Abaco, charters, and a $1,500 annual TWINex Scholarship for Abaco, Eleuthera, and Andros students enrolling in South Florida colleges. The go-to-market is direct-to-consumer via the twinex.us website, phone-based inside sales, Facebook organic engagement, customer signup forms, and SMS notifications — no resellers or marketplace channels.

The underlying technology stack is a conventional freight management system (dimensional weight calculation, online tracking that reuses FEDex/UPS/USPS/Amazon tracking numbers), and the company has announced a proprietary TWINex Delivery App for Fall 2024 release. Customer acquisition is concentrated in fragmented individual households and families across the Bahamas needing US retail goods, perishables, and parcels; secondary use cases include educational institutions (e.g., Island School) and occasional SMB shippers. Key historical moves include the March 2013 merger with Aztec Airways (which contributed two Beech 18 and one Piper Navajo Chieftain aircraft and enabled cargo flights to all Eleuthera airports), the 2015 launch of passenger flights on a Fort Lauderdale-North Eleuthera-Governors Harbour route, and progressive geographic expansion into Haiti (2017), Jamaica (2017), and Andros (2021).

Name

TWINex

Legal name

Precision Services International

Website

https://twinex.us

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

11–50 employees

Short description

TWINex is a Fort Lauderdale-based freight forwarder that ships air and ocean cargo from Florida to the Bahamas, Haiti, and Jamaica, serving island consumers and SMBs needing US retail goods, perishables, parcels, and charter services through a network of local agents.

Ownership category

akta.pro rank

Product category

International Cargo Courier and Freight Forwarding

NAICS

Deep Sea Freight Transportation (483111), Marine Cargo Handling (488320)

SIC

Arrangement Of Transportation Of Freight & Cargo (4731), Deep Sea Foreign Transportation Of Freight (4412)

akta.pro industry

PRIMARYTLACABAE

Ocean Import Forwarding (Destination Handling/DO/ISF)

Transportation & Logistics/Freight Forwarding & Customs Brokerage/Ocean Freight Forwarding (FCL/LCL)

SECONDARYTLACABAG

Customs Brokerage for Ocean Shipments (Import/Export Clearance)

Transportation & Logistics/Freight Forwarding & Customs Brokerage/Ocean Freight Forwarding (FCL/LCL)

SECONDARYTLACABAB

LCL (Less-than-Container Load) Consolidation/Deconsolidation

Transportation & Logistics/Freight Forwarding & Customs Brokerage/Ocean Freight Forwarding (FCL/LCL)

SECONDARYTLACABAK

Cross-Border E-commerce Ocean Forwarding (DDP/DDU)

Transportation & Logistics/Freight Forwarding & Customs Brokerage/Ocean Freight Forwarding (FCL/LCL)

Keywords

• Cargo courier services
• International freight forwarding
• Customs brokerage services
• Consolidated shipping services
• Bahamas freight logistics

Headquarters

HQ city

Fort Lauderdale

HQ country

United States

HQ region

North America

Offices12 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Supply Chain, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Freight Shipping Charges: Primary revenue stream from shipping goods via air and ocean freight. Charges based on actual weight or dimensional weight, with rates ranging from $1.60 to $3.60 per pound depending on destination (Eleuthera, Abaco, Andros, Nassau, etc.). Minimum freight charges apply.
2. Customs Brokerage Services: Brokerage fees for customs clearance, ranging from $25 to $200 maximum. Includes handling of documentation for US and Bahamas customs.
3. Special Handling Services: Additional charges for hazardous materials (HAZMAT), perishable items, and rush freight. HAZMAT starts at $50+, perishable items have $50+ minimum with per-pound rates, rush freight has $50+ minimum.
4. Courier Pickup Services: Courier pickup service within Florida (South Miami to West Palm Beach) with pickup fee plus courier rate per mile.
5. We Shop Service: Shopping service where TWINex staff purchases items on behalf of customers from various US retailers (Walmart, Target, K-mart, BJ's, Sams, etc.) and ships to Bahamas destinations.
6. Charter Services: Charter service for passengers and cargo to and from Bahamas, with pricing based on weight categories (1400, 2000, 3000, or 5000 lbs) and charter time.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels5 records

Core offering

TWINex is a Florida-based cargo courier service that consolidates and ships packages from the United States to destinations throughout the Bahamas via air and ocean freight. The company offers door-to-door pickup in Florida, customs brokerage, and last-mile delivery across the Bahamas, supplemented by specialized services such as refrigerated meat shipping, charter service, pallet consolidation, a personal shopping service (We Shop), and a tax-free tire ordering program.

Product overview

TWINex is a freight forwarding company offering integrated logistics services from Fort Lauderdale, Florida to multiple Bahamas destinations including Haiti, Eleuthera, Long Island, Andros, Great Harbour, Nassau, and Freeport. The core offering consists of Air and Ocean Freight services, Courier Service for Florida pickups, and Consolidating Services for pallet shipments. Supporting services include Fresh Meat Shipping (refrigerated), the We Shop personal shopping service, Charter flights for passengers and cargo, and a Tire Shop for tax-free exports. The company also operates a TWINex Scholarship community program. A mobile app (TWINex Delivery App) is planned for launch in Fall 2024.

Differentiator

Problem solved

Functional benefit

Products and services

• Air and Ocean Freight Core multi-modal freight forwarding service that consolidates and ships customer cargo from Florida to Bahamas destinations by air or ocean, with door-to-door delivery and customs handling. Targeted at Bahamian consumers, businesses, and institutions shipping goods from U.S. suppliers.
• Florida Pickup Courier Service Courier service that collects packages from sender locations within Florida and transports them to the TWINex warehouse for consolidation and onward shipping to the Bahamas. Intended for U.S.-based senders and Bahamian recipients.
• Consolidating/Pallet Service Service that consolidates multiple smaller shipments into palletized loads for more cost-efficient freight to the Bahamas. Designed for customers with larger or recurring volumes, including institutional and small business shippers.
• Charter Service Dedicated full-charter air or ocean freight service for customers requiring exclusive capacity, oversized cargo, or time-sensitive shipments from Florida to the Bahamas. Targeted at institutional and high-volume shippers.
• Fresh Meat Shipping Refrigerated freight service that ships fresh meat and other perishable goods from Florida to Bahamian recipients under temperature-controlled handling. Targeted at Bahamian consumers, restaurants, and institutions needing reliable cold-chain delivery.
• We Shop Service Personal shopping service in which TWINex purchases items on behalf of Bahamian customers from U.S. retailers and consolidates them for shipment to the Bahamas. Intended for individual consumers in the Bahamas who want access to U.S. goods without traveling.
• Tire Shop (Tax-Free Tire Ordering) Specialty ordering and shipping service that allows Bahamian customers to order tires from the U.S. on a tax-free basis, with delivery to the Bahamas. Targeted at Bahamian vehicle owners seeking lower-cost tires than are available locally.
• Customs Brokerage Services Customs brokerage service that handles export documentation in the U.S. and import clearance into the Bahamas on behalf of shippers. Intended for both individual consumers and institutional customers using TWINex's freight services.

Segments5 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered minor and core.

• Centauri TransportminorChannel Partner/ Reseller/ DistributorOcean freight partner used for pallet shipping services. TWINex holds customer pallets at their warehouse and drops them to Centauri Transport for ocean delivery to Bahamas destinations.
• Aztec AirwayscoreStrategic or Co-development PartnerIn March 2013, Aztec and TWINex announced a merger to expand cargo flights to all airports on Eleuthera using Aztec's fleet of 2 Twin Beech 18 aircraft and 1 Piper Navajo Chieftain. This partnership significantly expanded TWINex's air freight capabilities.
• Bowe's Brokerage NassaucoreImplementation/ SI/ Consulting PartnerStrategic customs brokerage partnership in Nassau for handling import/export documentation and customs clearance for shipments to and from Nassau.
• Bahamas Customs DepartmentcoreOthersOfficial Bahamas government customs authority that TWINex works with for import/export clearance. TWINex uses Click2Clear system for customs processing and refers customers to Bahamas Customs for prohibited/restricted goods information and tariff searches.

Scale indicators3 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Tropical Shipping: Florida-based ocean carrier specializing in Caribbean freight forwarding from Florida ports to Bahamas and other Caribbean destinations. Closest direct peer to TWINex given overlapping Florida-Caribbean corridor, similar customer base (Bahamas residents/shippers), and comparable air/ocean freight forwarding model.
• IBC Airways: Florida-based airline providing scheduled passenger and cargo service to the Bahamas and Caribbean. Directly comparable to TWINex's Aztec Airways partnership and charter service, serving the same Fort Lauderdale-Bahamas air freight route.
• Amerijet International: Fort Lauderdale-headquartered cargo airline serving the Caribbean, Mexico, and Latin America. Comparable to TWINex's air freight operation, with similar Florida-based hub serving island destinations in the same geographic corridor.

Broad incumbents

• Crowley Maritime / Crowley Logistics: Large US-based shipping and logistics company with deep Caribbean and Latin America ocean freight services, including Bahamas ports. A much larger incumbent serving overlapping customers but with a broader portfolio and scale advantages over TWINex.
• Sealand (Maersk): Maersk's intra-Americas container shipping brand serving the Caribbean, Central America, and Bahamas. Operates ocean freight services in the same Florida-Bahamas corridor as TWINex but at vastly larger scale with containerized rather than LCL focus.
• FedEx International: Global integrator offering international priority shipping to Caribbean destinations. TWINex's customers use FedEx/USPS to ship to TWINex's warehouse; FedEx is an upstream supplier relationship as well as a potential competitor for direct Bahamas shipments.
• DHL Express: Global integrator with international shipping services covering the Bahamas and Caribbean. A broader incumbent offering door-to-door cross-border service that competes with TWINex's import forwarding value proposition at a different price/scale point.
• UPS International: Global integrator with international shipping services to the Bahamas and Caribbean. Functions similarly to FedEx as both an upstream carrier feeding TWINex's warehouse and a potential substitute for direct Bahamas-bound shipments.

Regional players

• Bahamasair: National flag carrier of the Bahamas operating passenger and cargo service between Florida and Bahamas islands. Comparable to TWINex on the passenger/cargo route but state-owned and primarily passenger-focused rather than freight-forwarding focused.
• Western Air: Bahamas-based airline operating scheduled passenger and cargo service across the Bahamas islands with Florida connections. Comparable to TWINex's inter-island air cargo and charter capabilities from a regional carrier perspective.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/twinex.us
• LinkedInlinkedin.com/company/twinex

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about TWINex