A MERGER of the two British logistics companies, Ocean and NFC (to form the new Exel plc) will bring considerable benefit to Ocean's SA subsidiary, MSAS Global Logistics, according to logistics development manager, Sue Locke.
The merger produces a new group with annual revenues of over GBP3.5-billion (R35-bn) - placing it second in the European logistics field only to Deutsche Post, according to Locke.
Ocean's strength (through MSAS) is global airfreight forwarding, while that of NFC (through the old Exel operation) is ground-based supply chain services. The MSAS focus is on the technology, healthcare and fashion sectors, while that of Exel is in automotive, electronics, chemical, consumer and retail sectors.
It's going to give us access to a lot more freight; more buying power; and a lot of new markets we've never had before, Locke told FTW. This, plus added expertise in the field of logistics, will be distinct benefits for us. We're thrilled.
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