Scholten merges forwarding units into Fast Logistics

Dubai-based Fast Logistic Solutions (FLS) Group, headed by ex-Saudia Cargo executive Peter Scholten, is merging its Fast Forward Cargo and First Priority Cargo forwarding arms into a single business from July.
The new entity, Fast Logistics, will have annual airfreight volumes of 50,000 tons and employ 600 staff in a network of 40 offices across the UAE, Africa and Asia.
In the UAE, Fast Logistics will have 25,000 sq m of warehouse facilities, while a new head office for its international activities will be opened in Bangalore, India. All international freight forwarding offices will be rebranded to Fast Logistics.
Scholten, FLS Group chief executive, said: "In less than three years Fast Forward and First Priority have successfully grown to market leaders in the emerging UAE trader market to Africa and Indian Sub-Continent.
“By merging the two companies into Fast Logistics we will eliminate internal competition and further strengthen our market position. With the new international division headquartered in Bangalore we aim at expanding our office network in India, Saudi Arabia and several countries in Africa."

Share this story

Related Topics

Latest freight forwarder news

Scan Global Logistics plans for further acquisitions

Fast-growing Scan Global Logistics said it is planning to make more acquisitions with a focus on growing in key markets….

Read More

Share this story

Korean Air connects with DHL through APIs

DHL Global Forwarding is continuing to add direct connections to its airline partner’s booking systems, this time integrating with Korean…

Read More

Share this story

More than 20 parties interested in buying DB Schenker

Deutsche Bahn (DB) yesterday provided an update on its plan to sell DB Schenker during the announcement of its full-year…

Read More

Share this story

Air Cargo News

Air Cargo News
Established in 1983, Air Cargo News is the leading source of news, information, interviews, analyses and reports to the global airfreight industry. Our leading portfolio includes print, digital and events that give businesses in the airfreight industry the ability to connect with decision-makers in this sector.