06.02.2025 By: Jeremy Soland
Artikel Nummer: 52073
AGS investing in KGW
Accelerated Global Solutions (AGS) has acquired a 15% stake in the KGW Group, which it says has thus reinforced its leadership in trans-Pacific ocean freight services. The investment supports AGS CEO Chris Zheng’s goal of building a USD 1 billion end-to-end supply chain network, integrating KGW into its global system.
Zheng is happy that “KGW’s leadership in trans-Pacific ocean freight is in line with our vision of building an integrated logistics network.” KGW managing director Dato’ Roger Wong added that “this partnership will allow us to enhance our trans-Pacific dominance, provide end-to-end solutions that address the demands of global supply chains and drive sustainable growth.” (js)