Agility, a leading global logistics provider, has announced it has signed an agreement to acquire Baisui United Logistics (Shanghai) Co., Ltd (Baisui), further building the company's domestic network in China. Baisui is a Shanghai-based domestic logistics company that focuses on providing a range of logistics services, including intra-city, regional and long-haul transport and warehousing, mainly to the chemicals, automotive, and FMCG sectors.
With over 15 years of experience, the company has more than 300 employees in 15 locations throughout China, including Shanghai, Shenzhen, Tianjin, Wuhan, Nanjing and Chongqing, and manages eight logistics centers with more than 130,000 sq. m of warehouse floor space. In addition the company has a fleet of its own trucks and works with over 75 trucking companies on a regular basis for its regional distribution needs.
'We are pleased to welcome Baisui Logistics to the Agility network. The company has an excellent reputation in providing a range of specialist services in the chemicals, automotive, and FMCG 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,' said Wolfgang Hollermann, Agility, Chief Executive Officer, Asia Pacific.
'Baisui Logistics complements our growing service offering in China, both vertically in specialist sectors and by providing improved connectivity through the company's extensive domestic transport network. We will continue to grow organically and through acquisition in order to provide our customers with an integrated logistics solution throughout China,' said James Gagne, Chief Executive Officer, Greater China Area, Agility.
'We are very excited to be joining Agility at this stage of its expansion. We see Baisui's provision of value-added services and road transportation as an excellent fit to Agility's supply chain and forwarding capabilities, commented Yan Shipping, General Manager & President of the Board, Baisui.
This latest acquisition is the second for Agility in China this year and is part of its aggressive expansion into this fast-growing market. With 40 offices in 27 locations and over 1,500 staff in Greater China, Agility continues to further develop its products and service offerings. The acquisition of Baisui is an ideal addition to Agility's existing logistics services, as it continues to focus on offering customers a full range of logistics services, from domestic transportation and warehousing to international freight forwarding via all transport modes.
The demand for professional services in domestic distribution in China is growing rapidly as many multinational customers require network visibility and hub solutions from internationally reputed service providers like Agility.
