Phoenix International Expands into the Indian Subcontinent

 

Wood Dale, Illinois – July 25, 2006 - Phoenix International Freight Services, Ltd. announces the opening of thirteen new company offices located in India and Sri Lanka. Phoenix , the largest privately owned international freight forwarder, NVOCC and Customs broker headquartered in North America, this month acquired the majority shares of Eastern Logistics Private Limited in India, and opened an office in Colombo, Sri Lanka.

“We are very excited about the impact these new offices will have on our ability to offer our clients superior and enhanced services to and from the Indian subcontinent. Our global organization just received a very powerfully positive influx of talent and expertise; the future is surely bright for Phoenix and our clients”, exclaims Bill McInerney, Phoenix founder and CEO.

Phoenix , a very financially and operationally strong company with a global network of 275 locations in 100 countries, has experienced incredible growth and success since its beginning back in 1979 Chicago, Illinois, USA. Now with global sales revenue exceeding $500 Million, Phoenix realizes ensuring a strong presence in the Indian subcontinent (ISC) is vital to steady company growth. “Our success in developing offices in China has been instrumental in the company’s recent progress. Eastern Logistics’ standing as a premier freight forwarding company with a national network in India provides us with a powerful presence in one of the most exciting and emerging global markets”, explains McInerney.

The new office in Sri Lanka is led by managing director, Athula de Silva; a veteran international logistics executive whom Phoenix has entrusted for years to oversee their interests in Sri Lanka. “We are very pleased to formally bring Athula and his qualified team into the Phoenix family”, said McInerney. We are well-prepared to continue our success in Sri Lanka”.

Look for more exciting news when Phoenix soon announces their Global Textiles program; a perfect partnership for the ISC offices.

 

For further information, you can visit their website at: www.phoenixintl.com

 

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Media Contact

Drew Felling

Director of Marketing

Phoenix International Freight Services, Ltd.

(816) 891-9169, ext. 12905

drewf@corp.phoenixintl.com