Circle International Reinforces its Presence in France; Alliance with Mory S.A. expands market coverage and service.Business Editors PARIS--(BUSINESS WIRE)--March 13, 2000 French/European transportation and logistics company MORY S Mory is the name or part of the name of three communes of France:
in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : CRCL CRCL Creatinine Clearance CRCL Circle CRCL Coalition to Restore Coastal Louisiana CRCL Center for Research in Computational Linguistics CRCL Columbia River Conservation League ) announced today a French alliance in air and sea freight forwarding, logistics services and integrated supply chain management. Circle and Mory will collaborate in a joint-venture partnership providing extensive international logistics The negotiating, planning, and implementation of supporting logistic arrangements between nations, their forces, and agencies. It includes furnishing logistic support (major end items, materiel, and/or services) to, or receiving logistic support from, one or more friendly foreign and transportation services for France-based importers and exporters. With a total staff of over 130 at 12 offices in the country, the alliance is expected to grow into one of the largest logistics providers in France. Both companies expect to derive benefits from the partnership, through better market coverage and enhanced services for customers. Circle gains access to a more extensive local service network in France, while the Mory group is able to extend its international reach through Circle's global network, which encompasses 323 offices across 100 countries. The primary Mory-Circle activities include:
-- Full transportation services to and from France's main port and
airports Ocean forwarding
-- Air forwarding Customs brokerage
-- Inventory management, warehousing and distribution Logistics and
supply chain management services
-- Road haulage brokerage
-- River freight brokerage.
San Francisco-based Circle International Group, Inc. is a global transportation, supply chain management and information services See Information Systems. company. Founded in 1898, Circle today has more than 4,500 employees, with 323 offices in 100 countries, Circle provides complete logistics solutions for clients worldwide, including air and ocean freight forwarding, customs brokerage, materials management Materials management is the branch of logistics that deals with the tangible components of a supply chain. Specifically, this covers the acquisition of spare parts and replacements, quality control of purchasing and ordering such parts, and the standards involved in ordering, , warehousing, trade facilitation See also Trade Facilitation and Development. Trade facilitation looks at how procedures and controls governing the movement of goods across national borders can be improved to reduce associated cost burdens and maximise efficiency while safeguarding legitimate and procurement, and integrated supply chain management services. Paris-based MORY S.A. is an asset-based company, privately owned, with a wide range of transportation activities, including domestic and trans-European parcels service, road transport, logistics and international forwarding. Founded in 1804, MORY today has more than 4,700 employees with about 150 owned offices in Europe. |
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