With its second major purchase this year, the provider of integrated logistics solutions puts another building block in its domestic China distribution network.
In mid-year, Agility acquired Cosa Freight with headquarters in Shenzhen. The full service ocean freight forwarder has offices in six key Chinese locations — Beijing, Tianjin, Dalian, Quigdao, Shanghai and Ningbo — as well as presence in Hong Kong, Europe, Canada and the US. Cosa Freight has particular strength in the Trans-Pacific trades and offers a full range of services in the retail vertical.
This most recent acquisition is Shanghai's Baisui United Logistics. “We are pleased to welcome Baisui Logistics to the Agility network,” says Wolfgang Hollermann, Agility CEO Asia Pacific. “The company has an excellent reputation in providing a range of specialist services in the chemicals, automotive, and Fast Moving Consumer Goods sectors, which are growing strongly in China. The company also strengthens Agility's domestic transportation capabilities both in eastern coastal China and inland China along the Yangtze River.”
Baisui has 300 employees and 15 locations through China, including Shanghai, Shenzhen, Tianjin, Wuhan, Nanjing and Chongqing. It manages eight logistics centers with more than 130,000 square meters of warehousing. It operates a private fleet as well as employing the services of more than 75 trucking companies