Fast Logistic Solutions Group (FLS Group) announced this week that their freight forwarding companies Fast Forward Cargo and First Priority Cargo merge their activities into Fast Logistics effective 1st July 2015.
Fast Logistics will become the largest local freight forwarder in UAE with annual airfreight volumes at 50.000 tons and ocean freight volumes at 20.000 TEU’s.
Fast Logistics will employ 600 staff in a network of 40 offices across UAE, Africa and Asia.
In the United Arab Emirates Fast Logistics will have 25.000 m2 warehouse facilities on 5 strategic locations.
A new head office for the international activities of Fast Logistics will be opened in Bangalore, India. All international freight forwarding offices will be rebranded to Fast Logistics.
Peter Scholten, CEO of FLS Group said: “In less than 3 years Fast Forward and First Priority have successfully grown to market leaders in the emerging UAE trader market to Africa and Indian Sub-Continent. By merging the two companies into Fast Logistics we will eliminate internal competition and further strengthen our market position. With the new International Division headquartered in Bangalore we aim at expanding our office network in India, Saudi Arabia and several countriesin Africa.”