P&0 Nedlloyd Logistics makes global logistics operations strategic acquisition in US

>In a move to develop its global capabilities in logistics and supply chain
>management, P&O Nedlloyd Logistics has acquired from “The Gilbert
>Companies” the combined entities of “Gilbert East”, “Gilbert West”, and
>”Gilbert Air Cargo”. (7/10/2002)>
>
>These Gilbert companies specialise in consignment consolidation /
>deconsolidation, LTL trucking, warehousing, domestic air freight and store
>delivery throughout the United States for major retail corporations and
>wholesalers.>
>
>As a global shipping lines and international logistics providers, P&O
>Nedlloyd is already well established in the field of maritime supply chain
>management with customers across the world.>
>
>In acquiring these Gilbert Companies, P&O Nedlloyd Logistics is taking an
>important step in the continuing development of its logistics capabilities
>to meet increasing demand from global customers requiring integrated supply
>chain management facilities for goods sourced both internationally and
>domestically. The Gilbert management team will remain in place.>
>
>P&O Nedlloyd Logistics has already built a strong logistics network across
>both the Asia Pacific region and Europe. At the same time the company has
>seen substantial growth in its US business, driven by increasing
>involvement in the Transpacific trade.>
>
>Commenting on the acquisition, P&O Nedlloyd Executive Director Barry
>Williams said: “This investment means that we can now offer customers of
>both companies a full range of services for the supply and delivery of
>goods from the middle of Asia or the Indian sub-continent right through to
>the individual store within the US.”