Dimerco and Elanders enter joint venture for air and sea freight forwarding business
Effective January 1st 2020, Dimerco Express Group will announce a joint venture with 25% investment in the newly founded German subsidiary of Swedish public company Elanders Group, ITG Air & Sea GmbH.
ITG Air & Sea GmbH is a spin- off of ITG GmbH Internationale Spedition + Logistik (ITG), which was launched November 1st 2019, enabling ITG and its parent company Logistics Group International (LGI) to concentrate on its core competencies, offering a further enhanced integrated logistics service. Both ITG and LGI are part of the Elanders Group.
Dimerco has enjoyed a successful business partnership with ITG for over 25 years. This latest strategic investment will strengthen mutual cooperation and will increase Dimerco’s ability to serve customers better, as well as expanding business by leveraging German based LGI and ITG, and Swedish based Elanders’s logistics capabilities to advance its global presence. Moreover, Elanders Group will be able to improve service capability across Dimerco’s network in Great China, Asia Pacific, India and North America, spanning over 160 locations. In addition, Dimerco Value Plus System® will enhance its service capability to grow the business further for a win-win effect.
Dimerco’s newly restructured Business Intelligence Technology (BIT) Division, focusing on the development and application of its own Dimerco Value Plus System® which operates on web.3.0 cloud network and offers the mobility to operate and service customers in any location and at any time, when there is internet connection. This rapid and comprehensive improvement of AI technology, application of Big Data and Semi-Automation technology in the Internet+ environment underpins Dimerco’s re-positioning of the company as a “Mobile Intelligence Logistics Service Provider”.
Article Reference: American Journal of Transportation
About AJOT: American Journal of Transportation provides daily news coverage, keeps the transportation industry up to date with maritime, ports and terminals, rail, road and air-based cargo transportation issues and news
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