Register | Forgot password?
Switch to Arabic
Wednesday, November 11 - 2009

Swift Global Logistics obtains WOFE license in China

  • United Arab Emirates: Wednesday, January 16 - 2008 at 10:04
  • PRESS RELEASE

Swift Global Logistics, an affiliate of Dubai-based Swift Group, which has been a leader in global transport and logistics since its inception in 1989, has recently secured a Wholly Owned Foreign Enterprise (WOFE) status for its office in China, strengthening its market position in the Far East.

Article continues below
 
The license grants Swift Global Logistics to operate as a wholly owned entity in China, with the right to perform international freight forwarding, business of marine and air cargo, import and export, including sales, consignment for shipment, booking, warehousing and transfer, stuffing and de-stuffing of containers, collection of freight and others, customs clearance, application for entry quarantine and insurance, relevant inland transportation and consultation in transportation. Providing a comprehensive range of freight logistics solutions, Swift Global Logistics offers personalized customer service and global connections through its network of 45 offices in 19 countries spanning Africa, the Middle East, the Far East and the Indian Subcontinent.

"Swift takes pride in acquiring the WOFE License for our office in China as only a few international freight logistics providers are apt enough to obtain such privilege. This is just one more testimony for Swift towards its mission of providing logical and innovative logistics solution to its clients,"


said Issa Baluch, CEO and Chairman, Swift Group.

According to Baluch, who also served as president of FIATA (International Federation of Freight Forwarders Associations), China is a very important market for Swift as it serves as one of the key origin points for its thriving product, SAM or Sea Air Model. SAM is a unique product - the first multimodal transport solution that transships cargo from the Far East into Africa via Dubai with fixed schedules, estimated transit times, resulting in better planning and faster and predictive business cycles at reasonable cost.

SAM origin points in China include Hong Kong, Beijing, Guangzhou, Shanghai, Shenzen, and Yiwu; with destination points in Africa, including Burundi, Democratic Republic of the Congo, Ghana, Kenya, Nigeria, Rwanda, Senegal, Tanzania, Togo, Uganda, and Zambia.

"We value China's major role in the global freight logistics scene and we can only support the country's position in the regulation of international trade with our WOFE license, which strengthens Swift Group's credibility as a global freight logistics provider and a serious player in the logistics industry worldwide," concluded Baluch.
Also consider reading:
Log in to request more information from Swift Freight International

Notes and media contacts

Corporate Communications
Swift Freight International
Dubai, United Arab Emirates
Tel +9714.887.2636
Fax +9714.881.9400
www.swiftfreight.com

Disclaimer:

Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com

Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.

For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions