Accelerated Global Solutions (AGS), a freight forwarding and supply chain solutions firm, has acquired a 15% equity stake in KGW Group Berhad (KGW), reinforcing its position in Transpacific trade and expanding its ability to provide seamless, end-to-end logistics solutions.
This strategic investment enhances AGS’s global freight forwarding capabilities by leveraging KGW’s established expertise in Transpacific ocean freight. With an annual shipment volume exceeding 10,000 TEUs to North America, KGW’s experience complements AGS’s existing services, including customs brokerage and warehousing.
Additionally, KGW specializes in air freight, as well as warehousing and distribution for healthcare-related products and devices.
Through this partnership, KGW gains access to AGS’s extensive global network, which features strategically located warehouses and last-mile delivery operations spanning North America, Greater China, Southeast Asia, and Europe. Combined with SpeedX, a last-mile delivery provider, this collaboration forms a powerful logistics ecosystem capable of delivering integrated solutions from origin to final destination.
The investment aligns with AGS CEO Chris Zheng’s ambitious vision to establish a US$1 billion end-to-end supply chain infrastructure within 18 months. Zheng, who acquired AGS in November, is also the Founder & CEO of SpeedX, one of the fastest-growing tech-enabled last-mile delivery companies.
By integrating KGW’s operations into AGS’s network, the partnership enhances efficiency and scalability while leveraging AGS’s advanced technologies to optimize transparency and operational performance for global shippers.
Chris Zheng, CEO of AGS and Founder of SpeedX, stated: “KGW’s leadership in Transpacific ocean freight aligns seamlessly with AGS’s vision of building a truly integrated logistics network. By combining our existing freight forwarding and brokerage capabilities, KGW’s ocean freight expertise, and SpeedX’s innovative last-mile solutions, we are creating an infrastructure that meets the demands of a globalized economy. This partnership reflects our commitment to delivering efficient, cost-effective, and tech-enabled global logistics solutions.”
Furthermore, SpeedX’s expansive last-mile coverage—spanning over 9,000 US zip codes—bolsters KGW’s ability to ensure expedited and reliable deliveries across major metropolitan areas and beyond.
This investment not only strengthens AGS’s leadership in trans-Pacific logistics but also sets a new benchmark for global supply chain solutions by seamlessly connecting international freight forwarding with last-mile delivery.
Dato’ Roger Wong, Managing Director of KGW Group, commented: “We are thrilled to welcome Accelerated Global Solutions as a shareholder in KGW. This strategic alliance 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 partnership allows us to enhance our trans-Pacific dominance, drive sustainable growth, and provide end-to-end solutions that address the demands of global supply chains.”
