All SEKO articles
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News
Seko responds to market pressure with recapitalisation
US forwarding and logistics firm Seko Logistics has recapitalised to strengthen its financial position and allow for future investments.The company said it had successfully entered into a definitive agreement on a transaction with its key financial partners, although it has not outlined the exact details of the refinancing.The agreement is ...
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News
Rates predicted to stay high despite a muted air cargo peak season
Transportation rates are expected to stay above pre-pandemic levels for the foreseeable future despite the recent slowdown in demand.Seko Logistics chief growth officer Brian Bourke said that demand had slowed this year compared with 2021 and that the constant peak season experienced over the last two years has been replaced ...
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Insights
2022 set to be the year of charter operations for freight forwarders
It seems that 2022 will once again be a year of cargo charter flights for freight forwarders.James Gagne, president and chief executive of Seko Logistics, outlined a challenging market for freight forwarders in 2022.He highlighted ongoing issues in ocean shipping, labour shortages due to Covid hitting port/airport operations, ongoing consumer ...
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NewsSeko Logistics launches e-commerce unit
Dave Emerson. Source: Seko LogisticsSeko Logistics has launched a new e-commerce business unit as it looks to grow cross-border e-commerce volumes.The new business unit, Seko ECommerce, will offer four core solutions: international e-commerce shipping and delivery services; e-commerce fulfilment; parcels returns and re-commerce and heavyweight e-commerce shipping and last mile ...
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NewsSeko Logistics joins employment scheme for former offenders
James Gagney, Seko Logistics. Source: Seko LogisticsSeko Logistics is partnering with retail services client Buyer Connected (BCI) to launch a new logistics training programme to create employment opportunities for previously incarcerated men and women in Atlanta, Georgia.As part of the not-for-profit City of Refuge initiative, the programme aims to support ...
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NewsSEKO Logistics continues expansion with Bansard deal
Source: SEKO LogisticsSEKO Logistics has completed its largest acquisition to-date with an investment in Paris-headquartered logistics group Bansard International.Bansard provides door-to-door logistics management services, covering consultancy, freight forwarding, warehousing, de/consolidation, transportation management, quality control, and customs clearance services.Bansard International has 54 offices in 17 countries and employs about 600 people. ...
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News
Seko Logistics notes clients "pivoting" between sea and air capacity
Seko Logistics has said many of its manufacturer clients are "pivoting" between seafreight to airfreight and "leveraging air capacity as an option when they can".The logistics provider said growth in cross-border e-commerce is increasingly pushing manufacturers to use airfreight, as seafreight capacity struggles to cope with pressure.The company also noted ...
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News
Seko Logistics and Peli BioThermal partner for pharma operations in Ireland
Seko Logistics has broadened its pharma capabilities in Ireland by opening a new 30,000 sq ft facility in Dublin and extending its partnership with temperature-controlled container manufacturer Peli BioThermal.The companies said the partnership will give Seko's customers in Ireland "quick and easy access" to Peli BioThermal’s temperature-controlled solutions, which offer ...
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News
Seko Logistics sets sights on growth in China
Following Seko Logistics' secured investment from Ridgemont Equity Partners, which was first reported by Air Cargo News in January, the logistics firm is planning to expand its presence in China.The company said expansion in China will help it to build on its airfreight and seafreight growth, which increased by 20% ...
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News
Modal shift to air to continue as ocean shipping faces ongoing crunch
Current modal shift from ocean to air is expected to continue as chaos in the container shipping industry is expected to continue beyond the Chinese New Year.Seko Logistics chief growth officer Brian Bourke said that this year its seafreight team had been offering customers airfreight capacity as an alternative to ...
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NewsSEKO looks to acquisitions following investment
James T. Gagne - SEKO LogisticsSEKO Logistics is targeting additional acquisitions, technology development and growth in key geographies after securing investment from Ridgemont Equity Partners.The deal will see the logistics firm's current majority shareholder, Greenbriar Equity Group, divest its stake but remain an equity owner. Terms of the transaction were ...