January 30 - Effective February 1, UK freight forwarding specialist Union Transport (Newcastle) Ltd will merge with ISS Palumbo and operate as ISS Palumbo UK Ltd.
Commenting on the new joint venture, Andrea Palumbo, the president of ISS Palumbo said: "Our new partnership combines the global network of ISS and ISS Palumbo with the capabilities of Union Transport in international freight forwarding services and logistics, especially in the offshore sector.
"Union Transport has been working with ISS Palumbo as its agent in an established long term relationship and the formalising of this partnership will now enable us to offer our customers a global solution from the UK."
HLPFI readers may recall that Inchcape Shipping Services (ISS) teamed up with offshore logistics and freight forwarding specialist Palumbo SpA in 2012 in a new strategic partnership to form ISS Palumbo Srl.