Swan Logistics, Hong Kong forwarder tie up
California-based Swan Logistics said Thursday it has signed a joint venture agreement with Hong Kong-based Hercules Logistics and Forwarding to expand its Asian distribution base.
The new entity, Swan & Hercules Global Logistics, will operate out of Shenzhen.
John Boultier, president and chief executive of Swan Logistics and the new joint venture, said the combined strengths of the companies would help integrate procurement and transportation of products from Asia, especially for promotional, seasonal and bundled products. Swan specializes in store-ready delivery, the company said.
Swan Logistics, Hong Kong forwarder tie up
