Virgin cargo GSA deal with ECS raises eyebrows, but 'there's no conflict'
Last week’s announcement that Virgin Atlantic (VS) had appointed ECS Group as its GSSA in ...
FDX: ABOUT USPS PRIVATISATIONFDX: CCO VIEWFDX: LOWER GUIDANCE FDX: DISRUPTING AIR FREIGHTFDX: FOCUS ON KEY VERTICALFDX: LTL OUTLOOKGXO: NEW LOW LINE: NEW LOW FDX: INDUSTRIAL WOESFDX: HEALTH CHECKFDX: TRADING UPDATEWMT: GREEN WOESFDX: FREIGHT BREAK-UPFDX: WAITING FOR THE SPINHON: BREAK-UP ALLUREDSV: BREACHING SUPPORTVW: BOLT-ON DEALAMZN: TOP PICK
FDX: ABOUT USPS PRIVATISATIONFDX: CCO VIEWFDX: LOWER GUIDANCE FDX: DISRUPTING AIR FREIGHTFDX: FOCUS ON KEY VERTICALFDX: LTL OUTLOOKGXO: NEW LOW LINE: NEW LOW FDX: INDUSTRIAL WOESFDX: HEALTH CHECKFDX: TRADING UPDATEWMT: GREEN WOESFDX: FREIGHT BREAK-UPFDX: WAITING FOR THE SPINHON: BREAK-UP ALLUREDSV: BREACHING SUPPORTVW: BOLT-ON DEALAMZN: TOP PICK
40 years after it was founded, Wexco – one of the leading GSSAs in Australia and New Zealand – has joined ECS Group. Through this acquisition, ECS Group is developing its presence all around the world and has reaffirmed its leadership position. The market can continue to count on the best GSSA expert in the Australasian region, now supported by the strength of a major air cargo player, especially in terms of network and digitalisation.
Founded in 1979 in Australia and in 2003 in New Zealand, Wexco is the perfect partner. Thanks to long-standing and high-quality partnerships and widely recognized expertise in the Australasian market, Wexco enjoys an excellent reputation in Australia and New Zealand. This was a crucial factor in ECS Group’s decision to acquire the GSSA to expand its activities in those countries. For Wexco, one of the key factors is ECS Group’s ability to innovate.
“Wexco is a well-established GSSA with a very good reputation in the Australia and New Zealand market. We were not previously represented in either country and our strategy involves expanding our footprint in the Asia-Pacific region,” said Bertrand Schmoll, Chairman of ECS Group. “Wexco is the perfect partner with which to do this, and one of its biggest assets is its unrivalled market expertise,” he added.
Wexco is equally delighted with the acquisition: “ECS Group is the world’s leading and largest global GSSA, not only in terms of its network but also in terms of innovation. ECS Group has digital tools that no other GSSA has developed, allowing it to constantly improve the way in which it meets the needs of its airline and freight forwarder clients. Furthermore, ECS Group’s values fit perfectly with our own. It made the decision to join ECS Group a simple one,” said Russell Freeman and David Williams, owners of Wexco.
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