Printer Friendly
The Free Library
19,607,059 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Circle International Announces New Joint Venture Agreement in Turkey.


SAN FRANCISCO--(BUSINESS WIRE)--Sept. 10, 1997--Circle International, a leading global transport and logistics provider, announced a new joint venture agreement with one of the largest and most successful transportation companies in Turkey to offer international shippers air and ocean freight forwarding to and from the strategically located country, in addition to customs clearance services.

The agreement is with Esin International Transport, headquartered in Turkey's largest city and commercial center, Istanbul Istanbul (ĭs'tănbl`, ĭstan`bl), city (1990 pop. 6,748,435), capital of Istanbul prov. . The new joint venture is to be called Circle Esin.

In announcing the new Circle Esin joint venture, Peter Gibert, board chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of San Francisco-based Circle International, said, "We are particularly gratified grat·i·fy  
tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies
1. To please or satisfy: His achievement gratified his father. See Synonyms at please.

2.
 to conclude this new arrangement with one of the leading transportation companies in Turkey. Esin has been Circle's independent agent in Turkey since 1995. The company, founded in 1974 by Mr. Numan Numan can mean:
  • Numan - A town in Adamawa State, Nigeria
  • The Numan, a ficitional race of beings from the Phantasy Star series
  • Gary Numan, a British rock musician
  • Al-Numan, Names of several Pre-Islamic Arabian Kings of Lakhmids
 Esin, has shown a consistent pattern of growth and has become extremely innovative in providing a wide variety of transport options."

Circle's CEO said that "a high priority of our joint venture will be to offer total logistics programs in the Turkish market to current and future Circle customers."

Gibert pointed out that Esin International Transport provides a broad array of services in Turkey including air and ocean forwarding, customs clearance, and breakbulking. With a fleet of more than 100 trucks, Esin operates over the road services both within Turkey as well as western and eastern Europe Eastern Europe

The countries of eastern Europe, especially those that were allied with the USSR in the Warsaw Pact, which was established in 1955 and dissolved in 1991.
. Its growing international surface network now focuses on line hauling cargo to and from Russia, the CIS Cis (sĭs), same as Kish (1.)


(1) (CompuServe Information Service) See CompuServe.

(2) (Card Information S
 nations and eastern Europe.

Esin also has become expert in materials handling Materials handling

The loading, moving, and unloading of materials. The hundreds of different ways of handling materials are generally classified according to the type of equipment used.
 and is a major transporter of textiles, one of the most important industries in Turkey. The company recently completed a 65,000 square foot modern logistics center in Istanbul. Esin has 38 full-service facilities throughout Turkey.

Gibert noted that Turkey "occupies a key strategic location with a growing manufacturing and distribution base. The country straddles the historic trade routes between Europe and the Middle East," he said.

Headquartered in San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , Circle International is a full-service transportation, information and logistics provider with more than 350 offices in 96 countries around the world. Celebrating 100 years of service in 1998.

CONTACT: Circle International

Jen Ashworth, 415/978-0600

jen.ashworth@circleintl.com
COPYRIGHT 1997 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Sep 10, 1997
Words:373
Previous Article:Managed High Yield Fund Declares Distribution.
Next Article:CORRECTION/Texas Instruments Adds PocketMate to Personal Organizer Line; New PocketMate Uniquely Suited to Customer.
Topics:



Related Articles
Azerbaijan May Join Or Undermine TCP; Shakh Deniz Could Become Major Source.
EGYPT - The Foreign Operators.
TURKEY - Arco Gas Field.
DuPont, Wilmington, DE, and Sabanci Holding, Istanbul, Turkey, announced the completion of an agreement to further expand their multi-regional...
Jyco Sealing Technologies, Dexter, MI, has entered into a joint venture with Inoac, Japan, in the automotive industry's first global alliance for...
Hayes Lemmerz sells Cadillac plant, increases ownership in Turkish operation.
Herrick, Feinstein LLP.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles