MAJOR global sea-freight consolidator, Vanguard Logistics Services, has opened a office in Lima, Peru, to capitalise on the nation's stable economy with trade and industry development outpacing growth rates in other parts of the region.

"Establishing a Vanguard office in Lima was the next logical step in expanding service coverage in Latin America. The market has become too important to us and to our customers to not have our own presence there," said Vanguard Latin American managing director Hal Donahue.

The new office in Peru is the most recent addition to Vanguard's already extensive presence in Latin America, which includes Vanguard's owned and operated offices in Argentina, Brazil, Chile, Colombia, Costa Rica and Mexico.

Said Vanguard Lima manager Maria Eugenia Morales: "We can now offer our customers in Peru the same level of local service and global connectivity that we offer at our other Vanguard offices throughout the region."