Agility Announces Conditional Agreement to Acquire Shenzhen-based Ocean Freight Forwarder
Logistics Insight Asia - Industry News, 17/6/2008
Agility has signed a conditional agreement to acquire Cosa Freight, a full service ocean freight forwarder with offices in six key locations in China and a presence in Hong Kong, USA, and Canada. The acquisition will further strengthen Agility’s network capability in China and increase the range of services on offer in major trading and manufacturing centres across the country.
Cosa Freight has a particular strength on the Trans-Pacific trade and is very strong in providing a full range of services to the retail sector, including origin consolidation/upstream inventory management programs in China and warehousing, trans-loading, and delivery in the USA. With a staff size of over 200 and 6 offices in China its network will be a significant addition to Agility’s ability to offer customers the services they require.
Agility, www.agilitylogistics.com
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