XINDE MARINE NEWS
DAMCO ENHANCES INTELLIGENT SUPPLY CHAIN COOPERATION xinde marine news 2018-06-15 15:06

June 14, 2018, Guangzhou, China - Damco, a global provider of freight forwarding and supply chain management service, will enhance intelligent supply chain cooperation with its local partner, Top Ideal SCM, a leading Chinese company in cross-border digital supply chain, by setting up a joint venture.
Named New Ideal International Supply Chain Management (Guangzhou) Co. Ltd, the opening ceremony of the joint venture was held in Guangzhou earlier today, in attendance of Mr. Martin Holme, CEO of Damco Asia Pacific,Tomas Hong, Chairman of Top Ideal SCM, and other distinguished guests.
The new joint venture is aiming to operate the International Distribution Centre of Guangdong-Hong Kong-Macau Greater Bay, providing one-stop solution of logistics supply chain services to international and domestic customers. 
Martin commented on the new initiative, saying “A.P. Moller - Maersk is committed to becoming a global integrator of container logistics. The cooperation between Damco and Top Ideal can help achieve end-to-end intelligent supply chain management, by leveraging Damco’s international supply chain expertise and client resources and Top Ideal’s innovative experience in cross-border digital solutions. Our customers can expect more efficient and effective scm services soon.” 

The new joint venture will also be expected to promote economic and social development of the entire Greater Bay area in Guangzhou.

About Damco
Damco is at the forefront of developing innovative supply chain solutions. We fuse our global network and depth of expertise with pioneering digital innovations to enable our customers to stay ahead. Our vision is to connect and simplify supply chains across the globe.
We are experts in the field of complex, rapidly changing markets such as fashion, retail, chemical, FMCG and technology. With a presence in over 100 countries, where we employ more than 11,000 people worldwide, we combine global reach with depth of local understanding. In 2016, we generated turnover of 2.5 billion US dollars, managed 659 thousand TEUs (twenty-foot equivalent units) of ocean freight and 190 thousand tons of air freight.
We are proud to be a part of A.P. Moller – Maersk.
About Damco Greater China Area
Damco offers customized and integrated solutions for supply chain management, warehousing and distribution, as well as landside services, ocean freight, and airfreight transportation. Today Damco has 23 offices in Mainland China, Hong Kong and Taiwan and around 2,800 staff. Over the years, the company has formed a wholly-owned warehouse entity and 5 joint ventures with local partners in Shenzhen, Qingdao, Shanghai, Ningbo and Guangzhou, providing services in depots, container freight stations, and warehouses. 


Sources:XINDE MARINE NEWS

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