GeoLogistics Corp. launched operations in Pakistan this week with the opening of four offices, including a head office in the port city of Karachi.
The company's presence in Pakistan adds to GeoLogistics' strong base in Asia, said Bill Flynn, president and chief executive of the company. "This addition to GeoLogistics' global network improves our ability to serve our customers, particularly in the retail sector who are becoming increasingly interested in sourcing products from Pakistan."
GeoLogistics also hopes to serve neighboring Afghanistan and the Commonwealth of Independent States countries. The long war in Afghanistan and the Taliban rule disrupted the country's regular trade channels, and it is only in the past year that logistics companies are beginning to re-enter the market.
Wolfgang Hollermann, chief executive of the Asia Pacific region, said, "The importance of the Pakistan chapter is highlighted by its strategic geographical location serving as a link for transit trade to Afghanistan and other CIS countries".
GeoLogistics will offer Pakistani shippers fixed-day departure and arrival to and from Europe, Far East and North America at competitive rates, executives said.
Earlier last year, GeoLogistics began strengthening its operations in India to provide competition to domestic companies.
-- N. Vasuki Rao in New Delhi