Vanguard strengthens South African business with acquisition of CFS and supply chain specialist enhancing services, control and solutions for customers
Vanguard Corporate - Long Beach, CA (June 5, 2017) – Vanguard Logistics Services (Vanguard) is pleased to announce the acquisition of CHC Supply Chain Management (CHC), a leading groupage CFS operations and supply chain management group in the region. Adding to Vanguard’s 2016 acquisition of International Liner Agencies (ILA) in the region, CHC further enhances Vanguard as a premier NVOCC in the region. “The addition of CHC delivers the greatest depth of expertise, services and cargo management for our customers shipping into and out of South Africa – ensuring global control and performance from the world’s largest end-to-end owned NVOCC network,” commented Thurso Barendse, Vanguard Global CFO.
CHC brings over 30 years of history in supply chain management in South Africa, with customs licensed container depots and warehouses in Durban, Johannesburg, Cape Town and Port Elizabeth. With nearly 20,000 sqm under management, CHC delivers ownership of the full range of solutions including groupage operations, FCL management, customs stops and detentions, warehousing and transport to the Vanguard Network. “Customers will continue to benefit from supply chain management control and excellence of CHC and we look forward to building on the services and products available to Vanguard’s customers,” added Rod Taylor, Vanguard SA Managing Director.
Integrating CHC with Vanguard extends the control, service excellence and peace of mind that customers have come to expect from the premier NVOCC network into and out of South Africa. With the benefits of service, compliance, products, expertise and financial strength that the largest owned network brings, it achieves seamless LCL and NVO shipping globally. “We will continue to expand our network, solutions and product integration to serve our customers logistics needs and bring superior LCL shipping globally,” concluded Barendse.