Modern Logistics Receives Certification to Operate its Own Air Cargo Fleet


NEW YORK, April 20, 2017 (GLOBE NEWSWIRE) -- Brazil’s civil aviation regulator ANAC (Agência Nacional de Aviação Civil) has issued an Air Operator Certificate (AOC) to Modern Logistics, a rising Brazilian supply-chain solution company, following a comprehensive audit.  The AOC was received on April 4, 2017.

Modern Logistics offers third-party logistics solutions via an integrated logistics platform with multimodal transport and distribution centers strategically-located across the country.  With the AOC, Modern Logistics now adds a third, and most strategic, asset to its operation:  the right to operate a fleet of cargo aircraft in Brazil and the region.

"The AOC attests to our technical ability to operate in Brazil and the region. The timing is certainly opportune given the economic recovery of the country,” said Gerald Blake Lee, Modern Logitsics’ Chief Executive Officer.  "ANAC’s approval represents more than two years of dedication from our team. And we sincerely thank the technicians of ANAC and the other government agencies that supported us in the certification process.”

Modern Logistics is optimizing the Brazilian logistics network by creating more efficient supply-chain solutions.  The company seeks to ‘fill the infrastructure gap,’ flying its freighter aircraft where service and infrastructure are lacking, and complement its network capabilities with strategic partners.

“Modern Logistics’ integrated logistics platform serves as infrastructure for our clients.  With the AOC in hand, we plan to add at least two Boeing 737 freighter aircraft by the end of the year,” said Marlon Ramirez, CFO. “With a fleet of three aircraft, we will be able to meet initial client demand in the North, Southeast, Northeast, and Central-West regions of the country, in accordance to the needs of our clients.”

About Modern Logistics S.A.

Modern Logistics is the first “end-to-end” supply chain company to serve Brazil and the region by integrating air and ground modes between strategically-located logistics centers. Modern Logistics’ unique multimodal platform helps industry realize their potential through customized solutions reducing working capital requirements, reducing security risks, reducing all-in costs and improving strategic market positioning.

Modern Logitsics operates in Brazil’s established industrial regions and distributes products nationwide, equipped with state-of-the-art facilities and fully integrated IT systems. The company specializes in developing tailored logistics solutions for industry in various sectors including pharmaceutical, medical equipment, cosmetics, electronics, components, retail and other sectors requiring efficient, high quality supply-chain solutions. Modern Logistics plans to operate 15 logistics centers and a fleet of 32 aircraft in the next few years.

For more information, please access www.modern.com.br or contact:


            

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