Benore Logistics (BTL) is pleased to announce its first investment in the 2018 fiscal year.
The company has announced that it has raised $3 billion in capital to further expand its global logistics business.
“Our company has been operating in a global market for more than a decade and has become a leader in logistics services, with over 3,000 customers,” said Benore Chief Executive Officer Andrew Cappell.
“In the coming years, we are looking to expand the footprint of our company and grow our workforce.”
Benore has become the world’s leading logistics provider, with more than 200,000 employees globally and more than 10,000 locations across North America, the Middle East and Europe.
With an impressive list of customers, Benore is positioned to take advantage of opportunities to strengthen its position as a leader, particularly in the logistics industry, as it continues to focus on the growing global demand for its products and services.
“We believe that in the next decade, Benorosts growth is likely to be driven by increasing demand for products and service delivery through its expanded supply chain,” said Cappll.
“With our expanded logistics network, we believe we can be a key driver of continued growth in the industry, which we believe will continue to be underpinned by our strategic partnerships with leading brands.”
Benoros growth has been aided by the emergence of a number of new and established logistics companies.
“BTL has invested in two companies that are providing solutions to our industry,” said Mr. Cappill.
“These include DBS Logistics and JPL, and we have also recently completed a strategic investment in an independent logistics firm called Benore Worldwide, which has also recently invested in new assets.”
With the investment, Benare will now be able to grow faster than it has in the past, adding more than 50,000 jobs in the process.
“The investment will enable us to expand operations to a larger customer base, further improve our workforce and provide an additional level of flexibility to our team,” said Ms. Capps.
Benoises growth has helped the company increase its staff by approximately 20 percent. “
For the foreseeable future, we expect to continue to focus our efforts on growing our global logistics footprint, while also working closely with our business partners and the business community to enhance our operations, to ensure a smooth and efficient business model for our customers.”
Benoises growth has helped the company increase its staff by approximately 20 percent.
“By expanding our supply chain to a number or more locations and growing our workforce, we hope to accelerate our growth trajectory in the future,” said Andrew Capps Senior Vice President, Business Development.
“Benore is well positioned to capitalize on the growth of the logistics space and will be able access new markets, expand our supply base and provide better service to our customers as we continue our efforts to expand our logistics footprint.”
The company also has a strong presence in the energy industry.
In 2018, Benoise has expanded its business to more than 3,200 locations in more than 100 countries and has been recognized for its dedication to supporting energy companies.
In 2017, Benofis sales of power and gas were valued at more than $8.4 billion, with Benois operations in the U.S. accounting for more of the energy sales.
“As we expand our global operations, we look forward to continuing to leverage our relationships with leading energy companies in order to provide customers with superior customer service, enhanced customer value, and increased financial stability,” said Mike Cappels Vice President of Sales and Marketing.
Benore also has significant expertise in the transportation sector.
In addition to providing logistics services to its customers, the company operates its own logistics and distribution facilities.
“Given the tremendous growth in energy, Benoros business is also growing in other areas of the economy, like manufacturing, finance, real estate and insurance,” said Chris Daley, President of Benore.
“That being said, our company is focused on delivering a seamless experience to our clients, and Benore continues to take a strong position in the global supply chain by expanding our global network of distribution centers and logistics hubs.
Our company is proud to have grown to become a global logistics provider and has the opportunity to continue its long-term growth.”
Benores growth is expected to continue throughout the next fiscal year, with a goal of growing to more of a $2 billion market in the coming months.
“It’s a big deal for us,” said Daley.
“This is an opportunity for Benore to take another step forward into the future.”