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Market update

Important Notice: Update on the ongoing Middle East Security Situation

As the security situation in the Middle East continues to evolve with no short-term outlook for a ceasefire, we wish to provide you with the latest information and the effects on global supply chains.

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Market update

We have entered market cruising altitude, despite persistent volatility chaos

The global logistics sector continues to be plagued by a wide range of disrupting factors, including continued geopolitical and macroeconomic instability, fiscal policy reversals topped off by infrastructural bottlenecks. These factors, previously seen as exceptional, have now become everyday topics – and as we say, “the new normal”.

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Market update

Airfreight – the pressure is on

With apparent pressure on capacity ex Asia in recent weeks and this leading to significant rate level increases we have again moved towards a market development similar to pre-pandemic. Somewhat unexpectedly the peak season for volumes ex Asia has led to significant pressure on available capacity having been boosted by events such as Black Friday and Cyber Monday. Some analysts now predict that this could be sustained all the way up to Lunar New Year, 10 February 2024.

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Press release

Scan Global Logistics acquires long-term partner ENK Logistics and expands global reach by entering into South Korea market:

Global freight forwarder Scan Global Logistics (SGL) is pressing forward with its ambitious global growth strategy, entering South Korea as a new market acquiring ENK Logistics Co., Ltd (ENK), a trusted long-term partner since 2006. With this latest move, SGL now has a strong foothold in a country with a robust economy that relies heavily on foreign trade.

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Press release

Scan Global Logistics welcomes Nils Smedegaard Andersen as new Chairman of the Board

Scan Global Logistics (SGL) is pleased to announce the appointment of Nils Smedegaard Andersen, former CEO of Carlsberg and A.P. Moller - Maersk, as the first new board member and Chairman of the Board.

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Case

Customised solutions to avoid blank sailings

When COVID-19 caused lockdowns across ports worldwide and subsequent blank sailings, it hindered progress in various global projects of a solar tracker and components customer within the photovoltaic industry. Needing to press on, we stepped in to institute a custom solution that helped them overcome these challenges and resume projects to completion.

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Press release

Scan Global Logistics continues the expansion and acquire PostNord’s Swedish Air & Ocean activities

We have currently issued a press release about Scan Global Logistics continues the expansion and acquire PostNord’s Swedish Air & Ocean activities to the media.

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Press release

SGL TransGroup and TransGroup Global merge into one global brand and team

We have currently issued a press release about SGL TransGroup International A/S and TransGroup Global Inc. announce that they will become one global brand, organization and executive leadership team to the media. You may find a copy below so you are informed - should any customers ask questions or comment.

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Press release

Scan Global Logistics is expanding to Poland

We have currently issued a press release about 'Scan Global Logistics is expanding to Poland' to the media.

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