Gefco unveils plans after acquisition of IJS Global

In this article, Gefco’s chairman outlines why the company bought IJS Global. In an interview with Air Cargo News, Luc Nadal notes that there were few cost synergies but a complementary network that filled in the gaps that Gefco had, in particular in the US, Taiwan, Singapore and Thailand. The only overlap is in Hong Kong and China, where the business will be “resized”. IJS will not be merged into Gefco, but remain as a separate business unit. And Gefco insists its focus ...