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Samskip grows perishables business

ROTTERDAM: April 20, 2017. Samskip is to acquire New Jersey-based freight forwarder Rimar Consultants to expand the perishables business of its U.S. subsidiary Samskip Logistics.

Samskip LogisticsPrivately-held Rimar, which has been working with Samskip for the past two decades, handles 10,000-12,000 export TEU per year of U.S. meat and seafood.

"The purchase is strongly aligned with our continuing strategy to build [a] reefer business," said Samskip Logistics CEO Ásbjörn Gíslason. "The merger of Rimar's activities into Samskip Logistics USA will bring indirect cost savings, better procurement, and scale economies. Rimar has strong relations with key carriers, truckers and trans-load vendors, and this will strengthen procurement and benefit Samskip Logistics network volumes.

Noting a good forecast for perishables traffic this year, Gislason said integrating the business processes between the two companies would be straightforward and also create significant opportunities for growth.

"Rimar's strengths have been focused on growing its full container loads by sea business, but the same customers are very active in imports, cross trading, storage and air transport. [Its] strong relations in Asia, South America and Europe, when combine with Samskip's network and expertise, creates new opportunities for all parties in some of the world's key trade lanes," he added.

Last year Samskip Logistics acquired Silver Green AS based in Bergen, Norway that operates 14 reefer vessels in the North Atlantic, Baltic, North Sea and Black Sea. The company also invested in new reefer containers and introduced web-based track and trace capability for temperature-controlled cargoes throughout its network in 2016.

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