Market Research Report: Scan Global Logistics (SGL)

Company Overview

Name: Scan Global Logistics (SGL)

Mission: To uncomplicate the world of logistics.

Founded: The core business of SGL Group was established in 1975 and 1989.

Founder: No specific founder is mentioned.

Key People: Allan Melgaard (Global CEO), Nils Smedegaard Andersen (Chairman of the Board), Thomas Nieszner (Board of Directors).

Headquarters: Jernholmen 49, 2650 Hvidovre, Denmark

Number of Employees: Over 4,200 employees.

Revenue: Generated revenue of EUR 2 billion in 2023.

Known For: SGL is recognized as a global leader in transport and logistics solutions, offering bespoke logistics and supply chain strategies across air, ocean, rail, road, and warehousing services.

Products

Product Offerings:

SGL offers a comprehensive range of logistics solutions tailored to various industries with services that include airfreight, ocean freight, rail freight, road freight, sustainable logistics, contract logistics, parcel & express, projects & heavy lift, and fulfillment & distribution.

Key Features:

Airfreight: Rapid and reliable global air transport, crucial for time-sensitive shipments.

Ocean Freight: Cost-effective solutions bridging long distances via sea, with a focus on reliability and transparency.

Rail Freight: Efficient, environmentally friendly logistics solutions for long-distance transport.

Road Freight: Flexible and timely delivery solutions using extensive road networks.

Sustainable Logistics: Emphasizing eco-friendly logistics to reduce carbon footprint.

Contract Logistics: End-to-end supply chain management solutions.

Parcel & Express: Quick and efficient parcel delivery services.

Projects & Heavy Lift: Expert handling and transportation of oversized or heavy cargo.

Fulfillment & Distribution: Comprehensive logistics support for efficient and timely distribution.

Recent Developments

New Products and Features:

Electric Truck Fleet: Introduction of a new electric truck fleet dedicated to automotive logistics in Sweden for sustainable transport solutions.

Advanced Maritime AI™ System: Partnership with Windward to enhance ocean freight visibility, empowering customers with precise and timely ETAs.

New Partnerships and Acquisitions:

Partnership with Sports Group Denmark: Awarded the '10 Years Cooperation' Award recognizing collaboration in logistics services.

Acquisition of ITN Logistics Group in Canada: Expanding service offerings and footprint in Canadian operations.

Expansion into Ireland: Strategic establishment of an office to enhance Transatlantic trade capacity.

Race to Zero Emission Initiative: Launching a forum in Asia to drive decarbonizing logistics initiatives and invite stakeholders to be part of sustainable solutions.

Strategic Growth

Market Expansion:

SGL expanded operations to over 50 countries, marked by significant activities in Columbia, Argentina, Saudi Arabia, Ireland, and Slovakia.

The company's network stretches across six continents with over 190 offices, focusing on strategic growth in air and ocean freight.

Customer-Centric Initiatives:

Customer Satisfaction: Achieved a Net Promoter Score of 61, surpassing industry averages due to increased customer focus and service.

ESG Commitment: Continuous innovation in sustainability initiatives, maintaining a leadership category -A rating from CDP for climate actions.

Financial Developments:

CVC Capital Partner Investment: Investment in 2023 as a majority shareholder, demonstrating support for ambitious growth strategies.

In conclusion, Scan Global Logistics continues its strong trajectory, driven by its entrepreneurial spirit, customer focus, and commitment to sustainability, positioning itself aptly in a volatile global logistics market.