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UK-based freight forwarder and logistics group EV Cargo is set to significantly expand its continental European presence, agreeing to acquire Dutch forwarder Fast Forward Freight.
EV Cargo said the acquisition, for an undisclosed amount, would add around $170m in annual revenue, “resulting in pro forma combined revenue of approximately $1.7bn”.
It will triple EV Cargo’s European workforce to over 400 staff and more than double EV Cargo’s global air freight uplift to over 100m kg.
EV Cargo will become the sole shareholder of ...
Comment on this article
Rajeev Kathuria
March 27, 2022 at 9:35 amThe partnership with Fast Forward Freight will strengthen EV airfreight business network. Fast Forward has been operating in the logistics industry for 27 years, during which time the fast freight forwarder has accrued Partner across the world ,we are one of user of their service’s and found to be best in Air freight from Netherland/Holland to India