Worldwide Logistics Group
Shanghai, China Site Visit
February, 2013
By
Eric Xiang
Key Personnel:
Mr. Nick Cui, Deputy General Manager
Worldwide Logistics Group started business in 2001 as an ocean freight forwarder. It is headquartered in Shanghai, China with branch offices in Beijing, Chengdu, Chongqing, Dalian, Dongguan, Foshan, Fuzhou, Guangzhou, Jingzhou, Lianyungang, Nanjing, Ningbo, Qingdao, Shenzhen, Suzhou, Tianjin, Ulumuqui, Wuhan, Xiamen, Xi’an, and Yiwu. It also has offices in Hong Kong, Singapore and Taipei, Taiwan and representative offices in India and the United Arabs Emirates. The group has over 1,200 employees.
Today, it is a integrated logistics services provider including air, ocean, warehousing, etc. There are five subsidiaries under the group company.
1. Worldwide Logistics Co. Ltd.
2. Yanping Logistics Co. Ltd.
3. Eversafe Logistics Co. Ltd.
4. Transfar Shipping Co., Ltd.
5. Safetrans Chemical Logistics Co., Ltd.
Worldwide Logistics Co. Ltd. is in charge of air and ocean freight forwarding, customs brokerage, etc. It is a licensed NVOCC (non-vessel operating common carrier) for ocean freight forwarding and has a Class A license for air freight forwarding. It handles about 300,000 TEUs (20′ container/trailer equivalent units) of ocean freight and 20,000 tons of air freight annually. Ninety percent of the volume is exports with 30% going to the Far East, 20% to India, 25% to South America and the rest destined to North America and Europe.
For ocean freight forwarding, Worldwide Logistics has contracts with the main ocean carriers. For air freight forwarding, it is a main partner of China Southern Airlines and acts as a ground agent of China Southern Airlines in the Chongqing Jiangbei International Airport. Worldwide Logistics shares air space with some global logistics providers to balance space and control costs.
Worldwide Logistics Group has successfully built a strong overseas network in the major economic areas of the world. Thirty percent of the business comes from its overseas agents.
Yanping Logistics’ services include local cargo pickup and delivery service, FCL (full container load) and LCL (less than container load) container trucking, inter-city and inter-province haulage, cross border trucking and domestic air freight. It has 30 trucks (including 20 for hazardous materials) and 30 tractors.
Eversafe Logistics mainly provides warehousing and distribution. It has a 3,000 square meter, temperature controlled (10° to 15°) warehouse with a 1,500 square meter common area used for sub-packing, and a 10,000 square meter general warehouse for top shelf storage containers or pallets. Its new 16,000 square meter, one-floor warehouse is up to 13 meters high with more than 5 ton/SQM ground bearing pressure.
Transfar Shipping is engaged in bulk cargo ocean shipping. At present, the company operates 10 vessels of various types. The sea routes extend to more than 40 countries and regions and over 100 ports. Shipments include coal, chemical fertilizer, steel, timber and agricultural products. It has established strong relationships with more than 20 clients globally.
Safetrans Chemical Logistics offers diversified logistics services for chemical products with different packaging types including ISO tank container, flexitanks and drums for both domestic and international business. Safetrans has set up a MSDS (material safety data sheet) database for all chemical shipments, which enables it to provide the most fast, economic and suitable logistics solution to its customers. Services include air, land, sea and multimodal international transportation, ISO gas tank leasing, equipment management, periodic equipment inspection, maintenance and repair service, tank inspection, technical support for emergency situations and facility technique updating and training.
Worldwide Logistics Group’s customers include Xinjiang Tianye, Xingfa Group, Midea, Hexion, BASF and Bayer. The group is developing SMEs (small- and medium-sized enterprises) as main targets in the future.
Worldwide Logistics Group is a top, privately held logistics company in China. Its annual gross revenue is about $600 million. It is experienced in developing overseas offices. We trust that, in the coming years, Worldwide Logistics Group will establish more of its own overseas offices to strengthen its network.
Sources: A&A Primary Research, http://www.worldwide-logistics.cn/