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STAMFORD, CT (October 3, 2007)—IJS Global, Inc., the fast growing air and ocean freight forwarder, custom house broker and non vessel operating common carrier, announced today an alliance with Moscow-based Delivery World, Ltd., to launch air cargo services linking the Russian Federation with worldwide markets.
Under the alliance, Delivery World will sell, market and manage air cargo services in the Russian Federation exclusively for IJS Global. In turn, IJS Global will represent Delivery World’s air cargo interests across IJS’ worldwide network, which now spans every major trading continent.
Though the venture’s initial plans will cover air cargo services, the two companies plan to expand their alliance to include ocean freight and land transport operations. There is no firm timetable for that expansion, the companies said.
Delivery World was formed earlier this year as the amalgamation of various local shipping and delivery firms consolidated under one brand. The individual companies were established in 1999 to initially provide customs clearance services.
“The region’s economies are booming, and this is creating accelerated demand for air cargo services to transport a broad range of commodities from oil field equipment to consumer nondurables,” said Giorgio Laccona, Chairman and CEO, IJS Global. “We have long been interested in serving Russia, and by aligning with Delivery World, we leverage the knowledge base of a seasoned partner skilled in capitalizing on the abundant opportunities of doing business in Russia, while minimizing the challenges of working in a relatively less-mature commercial region.”
“Our experienced and well-established Russian air cargo network will help build IJS Global’s footprint in The Federation. At the same time, we will leverage IJS’ worldwide system, expertise and resources to grow our business beyond The Federation,” said Boris Zadonsky, Vice President, Delivery World. “Our local know-how, combined with IJS’ formidable capabilities will benefit shippers and consignees of both companies, as well as our companies themselves.”
The announcement marks the latest in IJS Global’s worldwide expansion strategy. Last month, it entered Australia through the acquisition of Sydney-based LYNAIR International, and expanded into Africa through a partnership with Johannesburg-based Value Clearing and Forwarding. It is also planning further expansion into Europe in the coming months.
ABOUT IJS GLOBAL
Headquartered in Stamford, CT., IJS Global, Inc. (www.ijsglobal.com) is building a global logistics footprint through a carefully calibrated strategy of internal growth and timely acquisitions. It operates out of eight U.S. offices as well as internationally through a network of agents and company owned offices.
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