Globe Express Services (Overseas Group) Extends Logistics Expertise to Bangladesh

June 5, 2012 - Globe Express Services® (Overseas Group), one of the world’s top 100 global logistics providers, has added two (2) fully licensed corporate locations in Bangladesh: in Dhaka, the country’s capital, as well as Chittagong, its second largest city, busiest seaport and business capital. GES currently maintains 58 corporate offices worldwide, surpassing its goal of reaching 50 by the start of 2012. The company’s broader market presence reflects its commitment to putting the right people in the right places to support its growth plans.

Situated in a delta of rivers that leads to the Bay of Bengal, Bangladesh is home to an emerging economy and a growing market of 158 million people. Thanks to foreign investment and a recognized need to prioritize industrial development, the economy of Bangladesh has grown steadily since the early 1990’s, at an average annual rate of 5-6%, enabling it to endure even the 2008-2009 global financial crisis. To promote foreign investment in the country, the government has established eight (8) Export Processing Zone (EPZ), as well as a proposed Special Economic Zone (SEZ). Today, the country’s top export commodities include apparel, knitwear, agricultural products, frozen food (fish & seafood), raw jute, jute goods, handicrafts, home & specialized textiles, leather goods & footwear, and various nontraditional items. Its top export partners include the United States (22.1% in 2010), Germany (14.1%), the United Kingdom (8.5%), France (6.8%) and the Netherlands (6.1%).

In characterizing the new openings, Georges Mejaes, President – Asia Pacific & Indian Subcontinent, said: “Our new offices in Bangladesh provides a clear advantage to the growing number of clients who do business there. In addition to full-service ocean and air freight, we offer licensed Customs brokerage services, ensuring a greater level of expertise, attention to detail, and shipment control.”

GES delivers customized logistics solutions to a diverse global client base doing business in Asia, the Middle East, Europe, the Americas and around the world.

About Globe Express Services ® (Overseas Group)

Globe Express Services ® (Overseas Group) offers a robust, well-rounded suite of logistics services to companies doing business in Asia, Europe, the Middle East, the Americas and around the world. Since 1974, we have enabled our clients’ supply chain success through ocean & air freight forwarding, overland transport, Customs brokerage & compliance consulting, cargo consolidation, warehousing & distribution, specialty cargo handling, and project logistics. Our state-of-the-art technology platform provides outstanding visibility, flexibility and customization potential, while our highly trained personnel share a commitment to providing the ultimate customer service. For more information, please visit www.globeexpress.com.