KUALA LUMPUR: KGW Group Bhd
has announced a transformative partnership with US-based Accelerated Global Solutions Inc (AGS), following AGS’s acquisition of a 15% equity stake in KGW.
In a statement, the logistics services provider said the collaboration marked a major step in boosting KGW’s logistics capabilities and enhancing its ability to provide integrated, end-to-end supply chain solutions globally.
KGW, moving over 10,000 TEUs annually to North America, is a leader in trans-Pacific trade, offering ocean and air freight, freight forwarding, and warehousing services.
The collaboration with AGS and SpeedX Logistics, a last-mile delivery specialist, allows KGW to integrate resources and expertise, creating a complete logistics solution for global shippers.
KGW said its collaboration with AGS and SpeedX boosts its market reach and capabilities. By integrating AGS's global network, including air freight and customs services, KGW can offer seamless, end-to-end logistics with faster transit times and better customer satisfaction.
“We are thrilled to welcome AGS as a shareholder in KGW. This strategic collaboration marks an exciting chapter for us. With AGS’s extensive air freight and customs expertise and SpeedX’s innovative last-mile delivery capabilities, we are redefining the logistics experience for our clients.
“This allows us to enhance our trans-Pacific dominance, drive sustainable growth, and provide seamless end-to-end solutions that address the complex demands of global supply chains,” KGW managing director Datuk Roger Wong said.
As part of the collaboration, KGW gains access to AGS’s global network, which includes strategically located warehouses and last mile delivery across North America, Greater China, Southeast Asia, and Europe.
