Cargo Business Newswire

Wednesday, June 25, 2014

3PL Damco launches container freight station operation in Myanmar

Third-party logistics provider Damco has started operating the first international standard warehouse and container freight station (CFS) facility in Myanmar.

The new high tech 4,000-square-meter facility is C-TPAT compliant and located within 15 kilometers from Yangon ports and major industrial locations. It is suitable for import/export activities for fast moving consumer goods, electronics, apparel, components, machinery, and project cargo.

"Damco is the first global logistics company in Myanmar. After acquiring an operating license in 2013 and opening a new office in Yangon, we have strengthened our position in Myanmar by being the first international logistics company in the country to start offering own-operated CFS/warehousing services," says Kiattichai Pitpreecha, managing director of the Thailand, Malaysia and Myanmar cluster. "This state-of-the-art, international standard CFS facility enables us to provide superior service to our customers through direct control and management of the entire operation and service delivery process."

Since international sanctions were lifted in 2012, Damco says Myanmar has established itself as a new market, benefiting from its unique location between China, India and Southeast Asia.

"Emerging markets have always been one of Damco's focus areas and core strengths, with many of our key customers sourcing their products from or operating in these markets," said Pitpreecha. "These customers can now rely on Damco as their logistics partner in Myanmar.

Damco is one of the world's leading third party logistics providers specializing in customized freight forwarding and supply chain solutions.