Contact:
Paul Crop
paul.crop@otslogisticsgroup.com

 Confreight / Vanguard will build & operate Antwerp’s largest consolidation warehouse ever.

OTS Logistics Group will invest in its recently acquired entity to

nearly double warehouse capacity and build state-of-the-art

facilities. 

Antwerp, (October 24, 2007) – Confreight / Vanguard, a leading European provider of neutral ocean freight services to the logistics industry,  announced today that it had been granted a 35 year concession on 70,000 square meters of land, on which it intends to build the single largest consolidation warehouse facility in Antwerp.

“This is a significant signal that we are delivering  on the promise we made to invest in the Confreight / Vanguard facilities in Europe”, said Owen Glenn, Chairman of OTS Logistics Group, referring to the group’s acquisition of Europe based Confreight in March of this year.

The facility is to be located at Schomhoeveweg, Antwerp which is considered by the industry to be a prime location due to its proximity to major arterial roadways. The 38,750 square meter facility will be fully equipped with modern sprinkler, access control and monitoring facilities A special area will be set aside for handling a wide range of hazardous cargo in a manner compliant with the most advanced statutory and environmental requirements.

The ground-breaking ceremony was held today and the company expects that the new facility will start operating in September, 2008. “We wanted to start from the ground up and build something completely new”, said Hans Mikkelsen, Regional Managing Director for the group in Europe. “The new warehouse will increase our European warehouse space to nearly 90,000 square meters (960,000 square feet) and we want to focus on getting it right for our customers”.

For further information visit www.otslogisticsgroup.com