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SGSOY SGS SA (PK)

8.84
-0.07 (-0.79%)
28 Jun 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
SGS SA (PK) USOTC:SGSOY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -0.07 -0.79% 8.84 8.67 9.01 8.8605 8.84 8.8605 107,817 21:04:15

Deutsche Post Partners With SGS to Expand Liquids-Shipping Service

06/12/2018 10:35am

Dow Jones News


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   By Cristina Roca 
 

Deutsche Post AG (DPW.XE) said Thursday that its air and ocean-freight business, DHL Global Forwarding, and SGS SA (SGSN.EB) have signed a letter of intent to cooperate on expanding DHL's Flexitank liquids-shipping service network.

The German freight-and-logistics group said it aims to expand its current Flexitank network to include 60 countries by 2020.

Deutsche Post said it has already launched pilot projects in the Benelux countries, Spain, Argentina, Brazil, Thailand and Malaysia together with the Geneva, Switzerland-based inspection, verification, testing and certification company.

"The partnership with SGS will support both companies in providing customers with a one-stop shop solution for liquids shipping in Flexitanks, in line with environmentally conscious goals," Deutsche Post said in a press release.

 

Write to Cristina Roca at cristina.roca@dowjones.com; @_cristinaroca

 

(END) Dow Jones Newswires

December 06, 2018 05:20 ET (10:20 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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