UK-based DSV Air & Sea Holding (part of the DSV Group) has acquired 100 percent of the shares of Active Freight Management LCC in Dubai,UAE. Active Freight Management LCC was DSV's current co-operation partner in Dubai prior to the acquisition. The company has a budgeted turnover of DKK 40 million in 2007 and has 12 employeesworking at the location in Dubai. The company will change its name to DSV Air & Sea LCC. The parties have agreed not to publish the acquisition price. Hugh … [Read more...] about DSV buys Active Freight in Dubai
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Globe Express expands in Vietnam & South India
Globe Express Services (GES) has opened new offi ces in Hanoi, Chennai and Bangalore. The Hanoi offi ce started operations last month. The move comes a year after the company's Ho Chi Minh branch was granted joint venture statusby the central Vietnamese government. "Globe Express Services believes in the growth potential of Vietnam as an emerging economy," commented Georges Mejaes, the company's regional director, Far East. "Many of our customers have expressed a strong … [Read more...] about Globe Express expands in Vietnam & South India
BALtrans Logistics opens office in Egypt
BALtrans Holdings has opened a new offi ce in Egypt, Premier BALtrans Egypt, through Premier BALtrans Middle East. Premier BALtrans Middle East is the master franchisee for BALtrans and has been assigned to open offi ces in twelve countries under the Premier BALtrans brand. "The opening of the Egypt office is another milestone for Premier BALtrans, apart from its establishments in Bahrain, Kuwait and Oman," said Jeff Khoury, managing director of BALtrans Middle East.The new … [Read more...] about BALtrans Logistics opens office in Egypt
SEKO expands into Turkey
SEKO has expanded its operations into Turkey with a new SEKO Turkey station headquartered in Istanbul. The SEKO Turkey offi ce is just fi ve minutes from the Ataturk Airport in Istanbul, and close to several bordering seaports on the Mediterranean Sea, Aegean Sea and Black Sea. Its geographic location enables SEKO Turkey to act as a transhipment and distribution hub with multimodal transportation throughout the entire Middle East, Europe, CIS and the US. SEKO Turkey focuses primarily on inbound … [Read more...] about SEKO expands into Turkey
Jan de Rijk renews pact with BA World Cargo
Jan de Rijk Logistics has announced the renewal of its contract with BA World Cargo for the provision of the carrier's European trucking operations (excluding Switzerland), for an additional fi ve years. "Following a comprehensive and competitive tender process, Jan de Rijk Logistics will continue to offer a singlesource solution to BA World Cargo in air cargo trucking, based on the company's proven track record and ICT capabilities as Freight Manager on a European scale," the … [Read more...] about Jan de Rijk renews pact with BA World Cargo
KWE opens Chinese warehousing firm
Japanese forwarder, Kintetsu World Express (KWE), has established its own warehousing company within the Xiamen bonded area in China's Fujian Province, which will target the logistics needs of electronic component makers. KWE said setting up the company will help strengthen its "One-Stop Service" which incorporates everything from international freight forwarding through to cargo handling within bonded area warehouses. … [Read more...] about KWE opens Chinese warehousing firm