Modern Logistics to expand fleet, global operations

Modern Logistics is all set to start the first phase of its international expansion strategy later this month and has further plans to expand its fleet, said release. “The initial phase of the expansion strategy will begin on August 15 and expand Modern’s service to Colombia, Ecuador, Chile, Argentina and Uruguay. The second phase will target Mexico and the US within six to twelve months. Cristiano Koga, Chief executive said, “We will start with at least two weekly frequencies [for each route]. We are still defining the days of the week. In terms of capacity, it is 20 to 22 tons per leg. These expansion plans are being supported by Modern Logistics’ acquisition of two 737-800 Boeing Converted Freighters (BCFs).”