Friday, September 14, 2012

Freight Forwarding and Logistics Group Ventures Further into Supply Chain Management

Uniserve Buys Portall Solutions
Shipping News Feature

UK – Freight forwarding and logistics company Uniserve announced yesterday that it has acquired finance and management consultants Portall Solutions Ltd. which describes itself as a ‘4PL’ company. Uniserve says the acquisition signals its intention to redefine supply chain management services and to raise current standards of industry capability with a new concept of Global Trade Management (GTM). By extending beyond the traditional freight forwarding competencies, the Portall product is intended to provide Uniserve’s GTM service with a degree of flexibility designed to tackle today’s economic situation and to exploit opportunities, an alternative approach to existing supply chain solutions which the group believes reflect past conditions.

The supply chains devised for many of Uniserve’s customers and other blue chip companies require to be updated constantly in an effort to remain world class and to sustain this development the company says it strives to update supply chain management structures by asking crucial performance questions and maintaining its global infrastructure of partners. Iain Liddell, Managing Director of Uniserve said:

“The acquisition of Portall will give us a significant addition to our range of capabilities. It is our intention to lead the industry and promote the next generation of business support services, taking supply management to another level. Our concept of Global Trade Management encompasses many skills and competencies in which Uniserve has been investing for some time. To accelerate the growth of GTM, the 100% acquisition of Portall gives us a number of unique and innovative products to provide for our clients.

“Uniserve is pleased to be able to invest through this acquisition of Portall, adding to its knowledge bank and expertise. Only companies like ours, with a strong balance sheet and a clear vision for the future, will be able to grow during this current down-turn. We are confident that Uniserve will attain such growth through extended margins and a good return on this current investment.”