Subscribe to our free, weekly email newsletter!


Jacobson sets up shop in Hong Kong

By Jeff Berman, Group News Editor
January 06, 2011

Global third-party logistics (3PL) services provider Jacobson Companies said this week it is expanding into Hong Kong with the launch of Jacobson Global Logistics Ltd. (JGL).

Jacobson officials said this will serve as the base for which it will expand its Asia-based logistics services. JGL will provide shippers with myriad international logistics services to and from the U.S. and within Asia, including ocean and air freight forwarding, PO management, procurement and consolidation, origin value-added services, customs brokerage, bonded warehousing, deconsolidation and DC bypass, trans-load and bonded hubs, as well as international multi-modal services.

JGL will leverage a “one-stop” services concept, with FCL (full-container-load), LCL (less-than-container load) and expedited services on a carrier-neutral basis. The spokesperson noted JGL will offer shippers value-added services at origin and destination, depending on customer requirements.

A Jacobson spokesperson told LM that the company’s decision was based on the fact that its current and future customer are looking for end to end supply chain services including Origin and P.O. management, adding that Jacobson had been looking to expand into this region for a year.

“With Jacobson’s strong capabilities in the United States, we see an opportunity to offer intercontinental services to and from Asia and Greater China,” said the spokesperson. “Asia and Greater China remain a vast opportunity for logistics service providers and is a significant source of trade for Jacobson’s Transpacific business and operations network.”

Prior to this expansion Jacobson maintained long-term relationships with agents in Asia and Greater China.

Jacobson’s 2011 plan for JGL is to have about 25 employees, including regional management and a president. The company declined to disclose a specific number of customers for JGL, stating it will announce customer wins only in agreement with related clients.

“The establishment of JGL as our Asia regional Headquarters is a remarkable milestone for Jacobson Companies,” says Brian Lutt Jacobson CEO and President, in a statement. “Asia and Greater China remain a vast opportunity for logistics service providers and is a significant source of trade for Jacobson’s Transpacific business and operations network.”

About the Author

Jeff Berman headshot
Jeff Berman
Group News Editor

Jeff Berman is Group News Editor for Logistics Management, Modern Materials Handling, and Supply Chain Management Review. Jeff works and lives in Cape Elizabeth, Maine, where he covers all aspects of the supply chain, logistics, freight transportation, and materials handling sectors on a daily basis. .(JavaScript must be enabled to view this email address).


Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

Shippers and other ocean cargo carrier stakeholders should be cheering the announcement made today by The U.S. Coast Guard, as it formally notified the International Maritime Organization through a Declaration of Equivalency that the United States position on SOLAS is that there are multiple methods to submit the combined cargo and container weight (Verified Gross Mass or VGM).

The proposed $4.8 billion acquisition of TNT Express N.V. by FedEx took a major step closer to becoming official today, with the company and TNT announcing today that they have received unconditional approval of the offer from the Ministry of Commerce People’s Republic of China (MOCFCOM).

March shipments at 798,180 trailed February by 12 percent and were down 19 percent annually. For the entire first quarter, shipments were relatively flat annually, rising 0.27 percent to 2,587,988.

OCEMA says it has placed a priority on working with other stakeholders to find operational solutions that will help U.S. exporters, carriers, and marine terminals prepare for the implementation of the SOLAS Verified Gross Mass (VGM) rule.

The first quarter is typically the slowest period of freight demand for LTL carriers. With a few notable exceptions, that was reflected in first quarter earnings reports of the major publicly held LTL carriers.

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2016 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA