TDG has formed a partnership with Sri Lankan group John Keells Holdings, to cover freight forwarding services between India and Sri Lanka and Europe, as part of a plan for global expansion over the next year.
John Keells Logistics that provides international and regional sea, air, multimodal and project cargo logistics across Sri Lanka, India and Maldives.
The partnership will enable both companies to develop their of ocean and airfreight businesses.
David Barron, director of international services for TDG said: “We see the trade lanes between India and Sri Lanka and our European locations to be of huge importance to the group… We expect double digit growth on our returns from this venture.”
TDG is also planning a domestic logistics presence in India as well as enhancing its presence within Central and Eastern Europe, the Far East, USA and Africa.
Barron said: “We are now focusing our attention on giving TDG a significant presence in the core overseas markets in which we trade – the next step in positioning TDG as a global supply chain business.”
TDG currently operates freight forwarding offices in the UK, Ireland, Benelux, Hungary and Spain.