DHL Supply Chain to acquire Australia's Glen Cameron

The strategic combination of the Glen Cameron group with DHL Supply Chain will strengthen DHL’s position in the evolving Australian road freight market and create one of the largest logistics companies in the country with combined revenue of over AU$1 billion, DHL said in a press release.

The Glen Cameron group is recognised as a leader in freight and contract logistics and DHL will benefit from the expertise of the Cameron Logistics’ team in the consumer and grocery sectors. The Glen Cameron group will benefit from DHL’s large-scale network in over 220 countries and global forwarding expertise in air, ocean and road freight to ensure strong development opportunities for the business, its customers, and its employees.

“Given DHL Supply Chain’s continued outstanding performance, we strategically invest to further facilitate our accelerated growth, meeting our customers’ current and emerging needs. Therefore, I am delighted that we are acquiring this market leading transportation business in Australia, making us the clear provider of choice in a significant logistics market,” Oscar de Bok, CEO, DHL Supply Chain, said in a statement.

“This acquisition signifies our commitment to grow the business in Australia, enhancing our service offering to provide the best solution to our customers. The supply chain is evolving quickly and with significant transport operational capability, we will be more agile, respond faster to changing demands, and continue to deliver on our promises,” Terry Ryan, CEO, DHL Supply Chain, Asia Pacific, said.

“This is a unique opportunity for DHL Supply Chain to add additional high-quality transport services to our warehouse and transport solutions in Australia. We look forward to offering a fuller range of transport services to existing and new customers. DHL is well recognised for having a strong warehouse base and with this acquisition, we will be strengthening our offer with four services; domestic nationwide general freight, domestic nationwide express freight, specialised services and contract logistics transport - with dedicated solutions for customers,” Steve Thompsett, CEO, DHL Supply Chain Australia and New Zealand, said.

“Together with DHL, we can take our business to the next level. I’m excited to see the Glen Cameron group join with DHL. Together, we can increase our footprint and become one of the largest transport and logistics businesses in this country. With the backing of a highly successful global corporate business, we have an opportunity to invest in growth and open new opportunities for our employees, and this marks an important milestone to continue an important legacy in the Australian transportation industry,” Glen Cameron, founder and executive chairman of the Glen Cameron group, said.

Fibre2Fashion News Desk (GK)