Transportation News SEKO Logistics Acquires Chicago-based Forwarder and Compliance Specialists GoodShip International
SEKO Logistics is starting a ‘transformative year’ for its global supply chain solutions business in 2019 by making the first full acquisition of another independent freight forwarding specialist in its 42-year history with the purchase of GoodShip International Inc., the Chicago-headquartered customs brokerage and compliance consultancy.
SEKO Logistics Resources
- The Guide to International Shipping
There’s a lot to think about before you can launch internationally, so, we’ve put together our three steps to international shipping for eCommerce retailers to help you plan your strategy. Download - Don’t Damage Your Retail Brand by Breaking Promises with…
- eCommerce Delivery – What do Your Customers Want?
- The Ecommerce Logistics Revolution
- What The Future of Retail Delivery Looks Like and What This Means…
- All Resources
Companies
-
SEKO provides complete Supply Chain Solutions, specializing in transportation, logistics, forwarding and warehousing. We also lead the industry with innovative and customizable IT solutions, which provide a seamless flow of information and give our growing customer base true supply chain visibility.
- Company Quicklook
SEKO Logistics News
- Using a Single Third-Party Logistics Provider to Support Worldwide…
- SEKO Logistics Acquires Chicago-based Forwarder and Compliance…
- Providing eCommerce Merchants Access to Cross-Border & International…
- All SEKO Logistics News
February 7, 2019 · By 24/7 Staff ·
SEKO’s Expanding Global Footprint
The investment in GoodShip International represents the latest phase of SEKO’s program to accelerate its strategic vision by expanding its global footprint, establishing more strategic partnerships, and making strategic acquisitions in the forwarding and technology sectors.
In less than 12 months, this drive has already seen SEKO’s watershed expansion into Mexico and the initial opening of locations in Laredo/Nuevo Laredo, McAllen/Reynosa, Mexico City, Monterrey, Toluca, and Queretaro.
Last August, SEKO also announced a new strategic partnership with Hermes Germany, one of the largest players on the European parcel and 2-man-handling market and a highly efficient provider of supply chain solutions.
This was followed in September by the acquisition of a majority shareholding in SEKO’s longstanding strategic partner Omni-Channel Logistics to grow its eCommerce and technology solutions for retailers, pure-play etailers, marketplaces, and platforms.
Founded 24 years ago, GoodShip International provides customs brokerage, compliance, air and ocean freight solutions to a broad diversity of clients with emphasis on the Trans-Pacific Eastbound cargo movements – from some of the world’s most recognizable brands to technologically-savvy start-ups spanning industries including Aerospace, Automotive, Electronics, FMCG, Healthcare Products, Pharma and Retail.
“GoodShip is a perfect example of the type of company we had in mind when we announced our expansion strategy earlier this year,” said SEKO’s President and CEO James T. Gagne.
“2018 has been another strong year for SEKO but after 42 years of organic growth, it is time to enhance our strategy to step up to the next level by working with the right types of strategic partners and undertaking acquisitions to enhance our technology, network, and capabilities. GoodShip’s customs brokerage and compliance expertise has earned the respect and trust of the company’s customers in Chicago and the Midwest and this will add more depth to what we offer today.”
The addition of GoodShip International will also build the capabilities of SEKO’s Chicago Gateway, which offers support to international shippers, by adding a new level of customs brokerage and compliance services. Further expansion of SEKO’s Midwest operations will be announced in Q2 2019.
“We are genuinely excited by SEKO’s ambition and the pace with which it intends to grow”Ryan Villiard, President of GoodShip International
Ryan Villiard, President of GoodShip, stated: “We are genuinely excited by SEKO’s ambition and the pace with which it intends to grow. We can clearly see how we fit into SEKO’s business to support its growing portfolio of value-added forwarding solutions.”
“Most significantly, GoodShip’s clients will now have access to the resources and expertise of a single logistics company that possesses a worldwide footprint, key technology differentiators, and award-winning forwarding, omnichannel, cross-border eCommerce, and White Glove services. This is a great move for our company, our employees and customers.”
In 2018, independent polls of 17,500 international logistics and supply chain decision-makers reinforced SEKO’s value-added forwarding credentials with awards for its technology, omnichannel logistics, White Glove, 3PL and value-added warehousing solutions.
James T. Gagne believes SEKO’s software and services are a compelling combination that will attract more new partners.
He added: “The best ways we can add value for our customers will be through service, technology, and compliance. We are confident in our business model and know we offer demand chain solutions that give our customers international growth opportunities and managed business efficiencies. That’s why we’re ready to talk to potential strategic partners or companies seeking investment or acquisition who believe they can accelerate our growth trajectory.”
Related Article: Using a Single Third-Party Logistics Provider to Support Worldwide Supply Chain Operations
Related Papers & eBooks
The Guide to International Shipping New!
There’s a lot to think about before you can launch internationally, so, we’ve put together our three steps to international shipping for eCommerce retailers to help you plan your strategy. Download Now!
Don’t Damage Your Retail Brand by Breaking Promises with Your Customers
Whether they’ve been made explicitly or implicitly, failing to keep any promises you make as your customers travel through the purchase journey with you could have a significant impact on your brand. Download Now!
eCommerce Delivery – What do Your Customers Want?
When it comes to the delivery of goods bought online, consumer expectations are becoming ever more demanding. Download Now!
The Ecommerce Logistics Revolution
In this special issue, the editorial staff of Logistics Management has compiled feature stories that encapsulate the software, technology, and processes that are helping today’s retail and manufacturing professionals exceed ever-increasing customer demands – whether in B2B or direct to consumers. Download Now!
More SEKO Logistics Resources
Article Topics Best Practices Transportation Third Party Logistics Freight Transportation Mergers Acquisitions All topics
Comments Be the first to post a comment.
You must be logged in to post a comment. Login.
Original Article
