Agility acquires China-based Baisui Logistics
sharon_gill
Tidal Expert Contributor
Sep 29, 2008
Agility has signed an agreement to acquire Baisui United Logistics (Shanghai) Co, a Shanghai-based company that provides a range of domestic logistics services, including intra-city, regional and long-haul transport and warehousing.
With more than fifteen years of experience, Baisui operates from fifteen locations throughout China, including Shanghai, Shenzhen, Tianjin, Wuhan, Nanjing and Chongqing, and manages eight logistics centres with more than 130,000 m2 of warehouse floor space.
Baisui operates its own fleet of trucks, and also works with more than 75 trucking companies on a regular basis.
According to Agility's CEO, Asia-Pacific, Wolfgang Hollermann, the acquisition will strengthen Agility's domestic transportation capabilities in eastern coastal China and inland China along the Yangtze River.This is Agility's second acquisition in China this year. In June, Agility signed a conditional agreement to acquire China-based freight forwarder and NVOCC, Cosa Freight.
sharon_gill
Tidal Expert Contributor
Sep 29, 2008
Agility has signed an agreement to acquire Baisui United Logistics (Shanghai) Co, a Shanghai-based company that provides a range of domestic logistics services, including intra-city, regional and long-haul transport and warehousing.
With more than fifteen years of experience, Baisui operates from fifteen locations throughout China, including Shanghai, Shenzhen, Tianjin, Wuhan, Nanjing and Chongqing, and manages eight logistics centres with more than 130,000 m2 of warehouse floor space.
Baisui operates its own fleet of trucks, and also works with more than 75 trucking companies on a regular basis.
According to Agility's CEO, Asia-Pacific, Wolfgang Hollermann, the acquisition will strengthen Agility's domestic transportation capabilities in eastern coastal China and inland China along the Yangtze River.This is Agility's second acquisition in China this year. In June, Agility signed a conditional agreement to acquire China-based freight forwarder and NVOCC, Cosa Freight.
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