Agility buying Houston’s WTS
Kuwait’s Agility, formerly PWC Logistics, has reached agreement to buy WTS of Houston Inc., and its sister company, World Transportation Services Inc., operating under the name of Global Express Line, for an undisclosed sum.
Established in 1980, WTS is a global logistics company employing about 125 staff. Global Express Line is a non-vessel-operating common carrier, started in 1982.
“The acquisition of WTS further solidifies our project logistics operations, particularly in the global energy sector,” said Gregory Rusovich, president of Agility’s project logistics division.
Following the acquisition, WTS and Global will continue to operate under the same management.
Earlier this week, Agility signed an agreement to acquire full ownership of Australian and New Zealand freight forwarders, LEP International Pty Ltd. and LEP International (NZ) Ltd., and the related project logistics company, Pan Orient Shipping Services Pty Ltd.
Agility buying Houston’s WTS
