According to the development awaiting the approval of the EU, Turkey's leading logistics company Ekol Logistics is being transferred to Denmark-based DFDS.
While it is stated that the agreement between the two companies is worth 277 million dollars, the approval of the European Union must be obtained for the sale to take place.
Recently, global companies, which think that the Turkish market is attractive, are taking rapid steps to incorporate companies in Turkey. In this context, it was announced that Denmark's leading transportation giant DFDS decided to acquire Turkey's important logistics company Ekol Logistics.
It was stated that a preliminary protocol was signed between the two companies regarding the acquisition of Ekol Logistics to add it to DFDS's international transportation network. However, in order to complete the sale, the necessary approvals must be obtained from the official institutions of the two countries. DFDS CEO Torben Carlsen stated that Turkey's role as a production center for Europe will become even stronger in the future.
With the combination of DFDS's extensive ferry network and Ekol Logistics' road transportation experience, the logistics flow between Turkey and Europe is expected to become even easier. With this acquisition, DFDS will expand its strategy of transporting products in trailers by ferry, road and rail and provide road connection to the Mediterranean.
It is expected that the European Union will be authorized to complete the agreement, whose sales negotiations started in 2022 and was approved by the Competition Authority.
Source: https://raillynews.com/2024/04/turkiyenin-onde-gelen-lojistik-sirketi-danimarkalilara-satiliyor/
𝐀𝐋𝐒 – 𝐓𝐡𝐞 𝐋𝐞𝐚𝐝𝐢𝐧𝐠 𝐨𝐟 𝐀𝐯𝐢𝐚𝐭𝐢𝐨𝐧 𝐋𝐨𝐠𝐢𝐬𝐭𝐢𝐜𝐬
Email: contact@als.com.vn
Hotline: 1900 3133
Website: https://als.com.vn/
Fanpage: https://www.facebook.com/als.com.vn
Europe’s three leading ocean shipping groups, Maersk, CMA CGM, and MSC, have pursued a fast-paced strategy in recent years that has transformed them from simple “box” carriers...
The U.S. Postal Service plans to shift daily air cargo volumes to UPS before the contract with FedEx expires in September to ensure no service interruption for customers heading...
Little evidence of impact on prices caused by severe rain in Middle East and disruption in major hubs like Dubai.
The ICD Vinh Phuc Logistics Center is one of the key projects in the province with a total investment of nearly 150 million USD, designed to handle approximately 530,000 TEU...
Traditionally, air cargo spot rates tend to decline or remain flat at best during H1, before rebounding from September onward until the year-end holiday season.
The list of the world’s busiest cargo airports stayed consistent in 2023, with only one airport dropping out of Airports Council International (ACI) World’s top 10.
US tech giant Apple announced that it would increase spending for its supply chain’s partners in Vietnam, which is considered a key manufacturing center.
Asia-to-Europe airfreight could face extreme bottlenecks and price hikes due to the rising tension in the Middle East, and sea-air transhipments from Dubai will also be affected.
Global air freight rates dipped slightly last week, according to the latest data from TAC Index. The overall Baltic Air Freight Index calculated by TAC was lower by -0.8 percent...
“Capacity is going to be king for the rest of 2024.” That’s the word from forwarders negotiating with airlines at the CNS Partnership event in Dallas this week.
ALS