News | August 8, 2008

SEKO Synergy Opens Dedicated Office In Hong Kong

SEKO, a global provider of supply chain solutions, including transportation, logistics and IT solutions, recently announced that its Hong Kong operation, SEKO Hong Kong, has joined forces with the UK arm of SEKO, SEKO Synergy Ltd, to form a new Hong Kong-based company dedicated to increasing its market share in the EMEA region.

The new company, named SEKO Synergy Greater China (SSGC) Ltd, is located in the same building as SEKO Hong Kong and is exclusively dedicated to handling all supply chain activity and pricing to and from China (including Hong Kong) and Europe, the Middle East and Africa.

This exciting new development will rapidly lead to a major increase in SEKO Hong Kong's European business and buying power as well as provide a more concentrated joint effort with SEKO Synergy in expanding SEKO's market share throughout EMEA. SEKO Synergy Greater China Ltd will also benefit from SEKO Synergy's vast retail experience and focus on delivering industry leading retail solutions including origin logistics and direct-to-store fulfillment deliveries using SEKO's easy-to-use Web-based supply chain technology.

Ian Richardson has been appointed Managing Director of SEKO Synergy Greater China Ltd. Ian's experience spans 30 years in the industry during which time he has devoted most of his time to the Asia/EMEA market. For the last 15 years he has lived and worked in Hong Kong. Richardson is dedicated to further developing SEKO's services by increasing its logistics footprint in China. He and his team will continue to deploy innovative products and supply chain solutions that will assist customers in achieving cost savings across their total supply chain.

WT Kwan, Managing Director of SEKO Global Logistics ASPAC, stated: "This is a fantastic development for the SEKO network, which enables the two local companies to focus on their core competencies. Many of our competitors are strong in either the EMEA or Americas/ASPAC routes. We now have two sets of experts who can source competitive rates and implement services reflecting the differing characteristics of the two very different markets."

William Wascher, President & CEO of SEKO, commented: "This is a significant step toward accomplishing our goal of building and expanding the non USA-centric lanes in our network. With the resources and extensive experience of our existing local SEKO companies available to support Ian and his staff, we are confident that we have the leverage necessary to grow the Asia/EMEA lane segments at an accelerated rate."

About SEKO
Founded in 1976, SEKO is a global third party logistics provider with 47 offices in the United States and offices in more than 40 countries worldwide. It offers a full range of supply chain solutions, including transportation services such as domestic and global air and ocean freight forwarding, customs brokerage, ground transportation, trans-border distribution, U.S. home delivery and DC bypass shipping, on an expedited and time-definite basis, 24/7. International logistics solutions include warehouse management services (WMS), asset management and distribution, contract logistics and reverse logistics services. Its IT solutions offer a broad range of real-time Web-based shipment management and data exchange tools for a high degree of supply chain visibly. For more information, visit www.sekoworldwide.com.

SOURCE: SEKO