Monday, June 17, 2024
Extrans Global and TAM Group establish joint venture

Extrans Global and TAM Group establish joint venture

Extrans Global Co., Ltd., in collaboration with TAM Group, a global GSSA company based in Hong Kong, has established a joint venture to expand their General Services and Sales Agent business. On 21st March, an opening ceremony was held at the Extrans Korea office, attended by executives from both companies.

READ: TAM Group accelerates expansion in ASEAN

As a result, starting from 1st April, the company will operate under the name TAMEX C., LTD. The first representative will be Lee Sang-ho, CEO of Extrans Global, with the company’s CEO position alternating between the two sides every two years.

READ: ECS Group and CMA CGM AIR CARGO join forces

This joint venture aims to provide cargo transportation services with expertise in General Sales Agent (GSA) distribution. The plan is to expand the GSA business through strategic cooperation based on TAM Group’s global network and Extrans Global’s sales.

Picture of Edward Hardy

Edward Hardy

Having become a journalist after university, Edward Hardy has been a reporter and editor at some of the world's leading publications and news sites. In 2022, he became Air Cargo Week's Editor. Got news to share? Contact me on Edward.Hardy@AirCargoWeek.com

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