Damco, the freight forwarding arm of A.P. Moller-Maersk Group, finalized a deal with Sun America Imports, a U.S.-based import wholesaler of fresh produce and perishables from Latin America to North America.
Damco will handle end-to-end management of the company’s entire supply chain from Latin America to North America, including ocean transportation, arranging cargo insurance, landside services and supply chain visibility. The new deal is an expansion of an existing contract and covers an estimated yearly volume of more than 20,000 TEUs, Damco said, with opportunities for expansion into new markets for Sun America, including Europe.
“Our goal is to increase profitability by reducing intermediary dependency and bring down our overall logistics and transportation costs,” said Drew Kislin, managing director of Sun America Imports.
Financial terms and length of contract were not disclosed.