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PRESS RELEASE

September 09, 2014: Swiss WorldCargo, the air cargo division of Swiss International Air Lines Ltd, has entered into a new partnership agreement with WCA Ltd – the world's leading freight forwarding network for independent logistics providers.

Under the Memorandum of Understanding (MoU), Swiss WorldCargo and WCA will undertake a number of unique cross-cooperation projects with three of the network's specialty groups – WCA Pharma, WCA Time Critical and WCA Dangerous Goods.

The alignment of these industry verticals between WCA's members and Swiss WorldCargo will allow the generation of a range of new business opportunities in these burgeoning sectors of the industry.

Executives from both organisations will conduct regular regional meetings to ensure the efficiency, quality and accessibility of end-to-end logistics solutions for specialist shippers that meet the highest industry standards. The two organisations will also exchange product and operational information to drive growth and cost-efficiencies across these specialist sectors of transport.

Swiss International Air Lines' Chief Cargo Officer, Oliver Evans, said: "We already have an excellent name in the targeted market segments which we have achieved through the relentless pursuit of reliability, quality and customer responsiveness. Nevertheless the logistics market is complex and customers need a range of solutions to support and develop their supply chain. WCA have created innovative networks offering proven benefits to their participating members. We see our partnership with them as a complement to our existing offer, opening the door to new, flexible and pragmatic solutions for end users all across the globe."

WCA President David Yokeum added that the partnership agreement demonstrated that an increasing number of airlines recognise the growing importance of the independent logistics sector to the health of the industry. "Our members have an unbeatable reputation for quality, service and innovation – especially in these niche, but highly important, verticals within our industry. By working closely with SWISS, which itself has established such a strong global reputation as a leader in these sectors, we can help bring even greater value to the ultimate users – the shippers and consignees."

Yokeum also commented that the "recent release of industry data has established that the independent sector is significantly increasing its global market share within airfreight. Therefore it is encouraging to see that innovative airlines are looking to increasingly engage with WCA and its members."

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