TDG, an European-based outsourced logistics service provider, has entered into a strategic agency agreement with John Keells Holdings (JKH) to cover freight forwarding services between Europe, India and Sri Lanka.
“The partnership will enable both companies to accelerate growth of ocean and airfreight and activity between the regions,” said a press release from JKH.
John Keells Logistics (JKL) a wholly owned subsidiary of the John Keells Group, provides international and regional sea, air, multimodal and project cargo logistics services. It operates in Sri Lanka, India and the Maldives.
The latest agreement is just one of a number of global expansions that TDG has planned, said the press release. TDG is also looking at developing a domestic logistics presence in India. TDG’s strategic move into India forms part of the group’s global expansion programme for 2010/2011, which includes enhancing its presence within Central and Eastern Europe , the Far East , USA and Africa .
“Having established a robust European platform for freight forwarding operations, we are now focusing our attention on giving TDG a significant presence in the core overseas markets in which we trade – the next step in positioning TDG as a global supply chain business,” said Director of International Services for TDG, David Barron.
TDG currently operates freight forwarding offices in the UK, Ireland , Benelux , Hungary and Spain.