APL SETS UP IN-HOUSE ORGANIZATION IN ITALY
APL is creating a subsidiary company in Italy as part of a program to set up owned organizations to market its services in Europe.
The owned organization will replace an arrangement with third-party agent Tirreno Shipping Agency SrL, whose contract with APL will expire at the end of June.
APL said that the move to an owned organization in Italy is consistent with the company’s strategy of directly controlling its own activities in major European markets.