ags-kgw

US forwarder AGS takes stake in Malaysia’s KGW Logistics

New York-based forwarding and logistics company Accelerated Global Solutions (AGS) is investing in a 15% stake in Malaysia-headquartered KGW Logistics. AGS itself was acquired by Chris Zheng founder of last mile delivery specialist SpeedX in November. You may recall that Chris Zheng, Founder of SpeedX, a tech-enabled last-mile delivery specialists, AGS says the move will solidify its position in trans-Pacific trade and deepen its global freight forwarding presence. KGW is provides of air ... [+]