DACOTRANS Sweden AB, the Swedish member of the FPS Group of independent forwarders and NVOCCs, has merged with GH Transport AB and Key Logistics AB, creating a medium-sized freight forwarding and logistics business.
The three merged companies will now trade as Key Logistics AB, which will remain the FPS Network Agent for Sweden.
Dacotrans was launched in 1988, while GH Transport commenced operations in 1994, and Key Logistics was founded in 2005. All three had common ownership, and offered a comprehensive range of freight forwarding services including air, ocean LCL/FCL, and projects.
These activities will carry over to the new company, which continues to operate from Gothenburg.
"To strengthen our organisations and improve competitiveness, we decided to merge our three businesses into a single unit to exploit economies of scale," said CEO Stefan Hansson, formerly managing director of Dacotrans.
"The aim of the newly-expanded Key Logistics is now to build long-term relationships with customers and suppliers, creating enhanced value for both," he said.
Source : HKSG.