By The Associated PressBERGEN, Norway (AP) — Reverse logistics broker Bergen is bringing its international logistics business back to Europe with an online platform that connects with customers to move goods back and forth.
The company said Wednesday it plans to launch a $500 million business that will make it one of the world’s largest logistics companies with warehouses in the U.K., France, Germany and Italy.
Berg has become one of a handful of global logistics companies that have opened offices in Europe in the past decade.
It will be the first time the company has moved goods between the U and European markets.
Bergen will open an office in London in 2019, bringing the total to 28 in the region.
The move comes as the U, Europe’s second-largest economy, faces an economic slowdown, as it struggles with a shrinking labor force and shrinking exports.
“We have an interest in supporting our European competitors, and we are happy to welcome our customers back,” Bergen CEO Kristian Bjerkegaard told reporters.
The world’s second largest logistics company, Bergen said it has been in the logistics business since 2002 and currently has offices in 30 countries, including Germany, France, Spain, Italy, Norway and Switzerland.
It is currently in talks with customers in Germany, Norway, Spain and Italy, Berger said.
Bergen will start offering its logistics business to European customers in 2019.
The company plans to open an additional office in the United Kingdom in 2019 as part of a new logistics alliance.