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JAS Worldwide

6195 Barfield Rd.
Atlanta, GA 30328

Tigers Acquired by JAS Worldwide

By
January 28, 2021

JAS Worldwide, the global freight forwarding services provider headquartered in Atlanta, GA, is pleased to announce that it has signed a Share Purchase Agreement with Geopost, the international parcel division of French group La Poste, whereby JAS will acquire Tigers, a freight forwarding and supply chain management subsidiary of Geopost, once all regulatory approvals have been obtained from the relevant authorities.

Since its creation in Hong Kong in 2011, Tigers has developed a suite of tech-enabled integrated logistics services, from freight forwarding to omni-channel supply chain management, for corporate clients around the globe. Tigers operates through 70 offices in 10 countries, including 32 state-of-the-art omni-channel distribution hubs, and has 935 employees.

Marco Rebuffi, CEO of JAS, says: "Through the acquisition of Tigers, JAS is broadening its range of logistics services, adding omni-channel supply chain management capabilities, supported by advanced digital solutions, to help our customers ramp up their B2C e-commerce operations. JAS' and Tigers' teams share the same entrepreneurial spirit which has underpinned the success of both companies and will ensure the continuous development of the enlarged group".

Olivier Storch, Geopost Executive Vice President for Asia-Pacific & Americas, says "Geopost has, at an early stage, identified the development potential in Tigers' innovative approach to logistics. Under the Geopost parentage, Tigers has delivered an impressive growth on the back of booming e-commerce. With its global footprint and vast experience in solving the logistics challenges of its customers, JAS is the ideal partner to bring Tigers to the next step in its successful journey".

JAS is advised by BNP Paribas and Eversheds Sutherland. Geopost is advised by OCFA and RHTLaw Asia.

About JAS Worldwide

JAS was founded in 1978 in Milan, Italy. Over the last four decades, JAS has grown from regional roots to a global force in freight forwarding. Today, JAS covers 90+ countries with 335 offices and official agents, and has over 4,000 employees globally.

About Geopost

Geopost, owned by the French group La Poste, is the holding company of DPD Group, the largest international parcel delivery network in Europe, whose 77,000 experts deliver every day 5.3m parcels to clients around the globe.

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The European Union's Sustainable Aviation Fuel (SAF) mandate is set to reshape the aviation industry, requiring airlines to incorporate a minimum of 2% SAF in their fuel mix starting in 2025. This regulation represents a major step toward reducing carbon emissions, but it also brings substantial cost challenges for carriers operating across Europe.

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The implementation of the SAF mandate is driving up operational costs for airlines, directly influencing freight rates. To offset these additional expenses, airlines are introducing mandatory sustainability surcharges on shipments departing from or transiting through European airports. While this presents immediate financial challenges, it also serves as a catalyst for innovation and investment in alternative fuels, paving the way for a more sustainable aviation sector.

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As airlines adapt to these regulatory changes, they must navigate the delicate balance between cost management and environmental responsibility. The evolution of SAF production, along with advancements in supply chain logistics, will play a critical role in determining how efficiently the industry can meet these mandates. Collaboration between fuel suppliers, airlines, and logistics partners will be essential to ensuring a smooth transition.

Stay Informed with JAS

To help our customers understand the implications of this new regulation, we invite you to download HERE the JAS One-Pager on the ReFuelEU Aviation Regulation. This resource provides a clear and user-friendly overview of the changes and their impact on airfreight logistics. Additionally, you can visit the ReFuelEU Aviation Regulation website for further details (ReFuelEU Aviation Regulation website )

At JAS, we are committed to clear and transparent communication regarding regulatory changes affecting global supply chains. If you have any questions or concerns, please do not hesitate to contact your nearest JAS representative for more information and tailored support.

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By combining our extensive experience in project logistics with transport engineering expertise, JAS Projects is the ideal partner for managing challenging and large-scale projects. Our deep understanding of customer needs, coupled with our proactive consulting and problem-solving approach at every stage of the project, sets us apart and gives our clients a competitive edge.

We invite you to explore the advantages of our enhanced Transport Engineering services, and we look forward to continuing to deliver exceptional value to our clients with passion and dedication.

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