DUBAI, UAE, May 28, 2015 /PRNewswire/ --
Fast Logistic Solutions Group (FLS Group) announced this week that their freight forwarding companies Fast Forward Cargo and First Priority Cargo merge their activities into Fast Logistics effective 1st July 2015.
Fast Logistics will become the largest local freight forwarder in UAE with annual airfreight volumes at 50.000 tons and ocean freight volumes at 20.000 TEU's. Fast Logistics will employ 600 staff in a network of 40 offices across UAE, Africa and Asia. In the United Arab Emirates Fast Logistics will have 25.000 m2 warehouse facilities on 5 strategic locations. A new head office for the international activities of Fast Logistics will be opened in Bangalore, India. All international freight forwarding offices will be rebranded to Fast Logistics.
Peter Scholten, CEO of FLS Group said: "In less than 3 years Fast Forward and First Priority have successfully grown to market leaders in the emerging UAE trader market to Africa and Indian Sub-Continent. By merging the two companies into Fast Logistics we will eliminate internal competition and further strengthen our market position. With the new International Division headquartered in Bangalore we aim at expanding our office network in India, Saudi Arabia and several countries in Africa."
About FLS Group
Fast Logistics Solutions Group (FLS) has been founded in January 2015 as holding company for Fast Logistics, Fast Solutions, Liberty Logistics and several other companies. FLS Group generated US$ 200 million revenue with airfreight volumes at 45.000 tons and ocean freight volumes at 20.000 TEU's in 2014. FLS Group employs 750 staff in a network of 40 offices across UAE, Africa and Asia.
FLS Group - headquartered in Dubai, United Arab Emirates - is a leader in global transportation, logistics and engineering solutions with a strong presence across Africa, UAE, India and Far East. The aim of FLS Group is to widen its bouquet of services and expand its coverage globally, thus ensuring state-of-the-art customer services. The portfolio of activities in FLS Group include:
- Scheduled air cargo services
- Air cargo charter solutions
- International ocean freight
- Multi-Modal Air-Sea-Land door-to-door solutions
- Customs clearance
- 3PL Warehousing and distribution, Cross Trade, Vehicle Loading
- Trucking services in UAE and Africa
- Engineering solutions,
- Contracting and interior design
- IT infrastructure