Accelerated Global & KGW Boost Global Supply Chain Solutions

Published: Wednesday, February 5, 2025

Accelerated Global Solutions (AGS), a global leader in freight forwarding and supply chain solutions, has announced a strategic investment in KGW Group Berhad (“KGW”), acquiring a 15% equity stake in the firm.

The move solidifies AGS’s position as a leader in trans-Pacific trade and enhances its ability to offer integrated, end-to-end supply chain solutions that address the complex needs of global shippers.

The strategic investment in KGW enables AGS to deepen its global freight forwarding presence while leveraging KGW’s established leadership in trans-Pacific ocean freight.

Global Network

KGW’s 10,000 TEUs annual North America shipments complement AGS’s freight forwarding, customs brokerage, and warehousing expertise perfectly.

KGW offers air freight services and provides warehousing and distribution solutions for healthcare products and devices.

As part of this partnership, 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.

AGS-SpeedX Partnership

Partnering with SpeedX, a last-mile leader, creates a robust logistics ecosystem delivering complete solutions from origin to final delivery.

The investment backs CEO Chris Zheng’s goal to create a $1 billion supply chain infrastructure within 18 months post-AGS acquisition.

Zheng is also the Founder & CEO of SpeedX, now one of the fast-growing, tech-enabled last mile delivery specialists.

Chris Zheng, CEO of AGS and Founder of SpeedX, stated:

“KGW’s leadership in trans-Pacific 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.”

Dato’ Roger Wong, Managing Director of KGW Group, remarked:

“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.”

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The integration of KGW’s operations into AGS’s global network enhances the efficiency and scalability of their combined offerings. Leveraging AGS’s advanced technologies, the partnership ensures heightened transparency and operational performance for global shippers.

Last-Mile Network

SpeedX’s vast last-mile network boosts KGW’s capacity for fast, reliable deliveries across 9,000 U.S. zip codes and major cities.

This investment helps AGS build a strong end-to-end supply chain and enhances its leadership in trans-Pacific logistics.

AGS and KGW integrate freight forwarding and last-mile delivery to establish a new benchmark in global supply chain solutions.