Jack O'Neill, president and COO of North America at Carlson Wagonlit Travel, said CWT has acquired Traveltime Services of Nashville, Tenn., in an effort to expand its reach into smaller markets. "We're trying to do local acquisitions where it makes sense," O'Neill said. "CWT needs to be as strong a player in as many of the major markets as we can, and there are some where our representation is very strong and there are others where -- for example, Nashville -- there is a good local company that wants to be part of CWT and it makes sense for both of us."

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