Reported 21 days ago
Last-mile delivery startup SpeedX has acquired Accelerated Global Solutions (AGS), a cross-border e-commerce logistics provider, to enhance its delivery services in the U.S., Canada, and Puerto Rico. This merger follows a two-year partnership and aims to integrate SpeedX's last-mile capabilities with AGS's freight forwarding and customs brokerage. Both companies will maintain separate branding while targeting significant revenue growth, with plans to further expand into Southeast Asia, Australia, Europe, and the Middle East. SpeedX is focused on building a streamlined logistics system aimed at offering competitive solutions for mid-sized companies.
Source: YAHOO