All Scan Global Logistics articles
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NewsScan Global Logistics acquires ITN Logistics Group
Scan Global Logistics has acquired ITN Logistics Group
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NewsScan Global Logistics expands presence in Latin America
Source: Scan Global Logistics Freight forwarder Scan Global Logistics (SGL) has expanded its presence to Argentina and Colombia with the opening of new offices in the countries. The Denmark-headquarterd firm said it had recently opened offices in Argentina and Colombia as part of recent efforts to expand ...
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NewsScan Global seals deal for Blu Logistics Brasil
Scan-Global-Logisitcs.jpg Photo Scan Global Logistics Scan Global Logistics (SGL) has completed the acquisition of freight forwarder Blu Logistics Brasil Transportes Internacionais LTDA to extend its business in Latin America. The Danish forwarder announced in July that it had signed an agreement to buy the forwarder, which last ...
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NewsScan Global Logistics set to expand to Brazil with latest deal
Source: Scan Global LogisticsFast-growing freight forwarder Scan Global Logistics (SGL) looks set to continue its global expansion with the addition of a presence in Brazil.The Danish company announced today that it had signed an agreement with the intent to buy Blu Logistics Brasil Transportes Internacionais.Blu Logistics is headquartered in Sao ...
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NewsScan Global Logistics adds first Saudi Arabia offices
Source: Scan Global LogisticsScan Global Logistics (SGL) has continued its expansion with the opening of its first offices in Saudi Arabia.The forwarder has established two offices in the country - in Riyadh and Jeddah - and has plans to open a third later in the year in Dammam.The new offices ...
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Scan Global completes Foppiani takeover
Scan Global Logistics (SGL) has completed the acquisition of Italian freight forwarder Foppiani Shipping & Logistics following the approval of Italian competition authorities.Headquartered in Prato, Foppiani generates yearly revenue of €115m, employs more than 160 people and offers a range of airfreight and ocean freight services.The forwarder focuses on customers ...
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Scan Global Logistics plans for further acquisitions
Fast-growing Scan Global Logistics said it is planning to make more acquisitions with a focus on growing in key markets.Following the announcement of its full-year results, SGL said that its acquisition strategy had so far been based on accelerating its geographical presence.This strategy will continue in some larger markets but ...
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Airfreight rates slide in line with Lunar New Year holiday demand decline
Airfreight rates began their Lunar New Year holiday decline last week after rising in the first six weeks of the year.The latest figures from TAC Index show that last week overall airfreight rates slipped by 8.2% compared with the week before and are down 21.2% from a year ago."Despite ongoing ...
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NewsAir cargo market shows signs of cooling after busy start to 2024
The latest figures show that the air cargo market is beginning to cool after a brisk start to the year caused by the Red Sea crisis and pre-Lunar New Year (LNY) rush.Figures from analyst WorldACD show that in week six, tonnages out of China declined by 2% compared with the ...
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SGL: Lunar New Year break set to cool "red hot" air cargo market
Scan Global Logistics has described the current airfreight market as "red hot", but it expects the situation to cool now the Lunar New Year holiday in Asia is underway.The forwarder reports that over the last few weeks, there has been a rush in demand ahead of the 14-day Lunar New ...
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Gradual increase in airfreight expected as Red Sea crisis could last months
Scan Global Logistics expects a slow but steady increase in airfreight volumes amid predictions that the Red Sea conflict could last months.The logistics company said in a January 12 market update that there hasn't been a drastic increase in airfreight volumes as a result of the impact of the Red ...
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Panama and Suez Canal double crisis threatens global supply chains
Persisting Suez Canal and Panama Canal-related supply chain delays and increased rates may see shippers and forwarders opting for air cargo.Shipping operations are currently being compromised by the need to avoid the Suez Canal due to the risk of attacks in the Red Sea, and restrictions on the Panama Canal ...
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NewsScan Global Logistics expands into South Korea with latest acquisition
L to R: Rob Erskine, SGL, Hoe Jick (Erick) Yang, ENK, Kwon Jik (Kevin) Yang, ENK and Søren Madsen, SGL. Source: SGLScan Global Logistics (SGL) has expanded into the South Korean market through the acquisition of its partner ENK Logistics.ENK Logistics was established in 2006 by Hoe Jick (Erick) ...
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NewsSGL plans to continue acquisition spree after Portugal purchase
Lars Syberg, Scan Global Logistics, and António Beirão, FLS. Source: Scan Global LogisticsFast-growing Scan Global Logistics (SGL) has continued its acquisition spree with the purchase of Portugal-based FLS and has more planned in the coming months.SGL said that the purchase of FLS would strengthen its position in the government and ...
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Scan Global Logistics on a roll with Swiss acquisition
Scan Global Logistics (SGL) has entered the Swiss market for the first time through the purchase of Belglobe.Fast-growing SGL said Belglobe had three decades of experience and a "strong position" in the temperature-controlled pharma healthcare and luxury consumables industries."SGL will gain immediate proximity to multinational companies’ central procurement and supply ...
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Scan Global Logistics to integrate AI-supported software into its products
Scan Global Logistics (SGL) has partnered with Alpha Augmented Services (AAS) to integrate AI-supported software into its products.The global logistics provider will use AAS' AI-supported software solution and integrate it into its product range for both potential and existing customers.As part of the partnership, SGL said customers will, in the ...
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NewsAirfreight rates down in June as summer lull arrives
Airfreight rates declined again in June as the quieter summer period resulted in a demand slowdown (see dashboard at end of article).The latest figures from the Baltic Exchange Airfreight Index (BAI) show that average rates – based on contract and spot process paid by forwarders – on services from Hong ...
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Scan Global Logistics continues expansion with third France office
Fast-growing Scan Global Logistics (SGL) is continuing its expansion with the addition of a new office in France.The Denmark-based freight forwarder has added a new office in Dunkirk to cater for the industrial projects sector and bringing its representation in France to three centres.The company, which opened its first office ...
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Scan Global Logistics expands in Africa with Kenya investment
Fast-growing freight forwarder Scan Global Logistics (SGL) has opened its first office in Kenya as it looks to expand on the African continent.The Nairobi office is in addition to the forwarder's presence in Togo, Benin, Mali, Côte d'Ivoire and Senegal and South Africa."The expansion into Kenya is a pivotal part ...