SGL E-Commerce A/S acquires IC Logistics, a Scandinavian Fashion Fulfillment B2C & B2B Market Leader
COPENHAGEN – May 8, 2019 — SGL E-Commerce A/S, a part of Scan Global Logistics Group, today announce that it has acquired one of the leading Scandinavian fashion fulfillment operations – IC Logistics, the logistics activity arm of Danish IC Group A/S. The final closing date of the transaction is expected to be June 30, 2019.
Ocean freight market turns red hot, prompting freight rate rally
Not a day goes by without a mention of the Strait of Hormuz, which underlines the importance of the Gulf chokepoint and the ripple effects not only on global supply chains but also on the global economy and geopolitical turmoil that comes with it.