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BAX Global, a world-leading provider of supply chain management and transportation solutions, has opened a new office in China to meet growing demand in the country. The new BAX office in Nanjing will expand the company’s countrywide network, which now consists of four Wholly Foreign Owned Enterprises (WFOE), six branch offices, nine representative offices and one joint venture. BAX Global has been well established in China since the early 1990s and was one of the first international forwarders to open a representative office in Beijing. BAX established it’s first WFOE in China under the Closer Economic Partnership Arrangement (CEPA) in Guangzhou in April 2004 and Shanghai in December of that year. BAX had previously established WFOEs in Xiamen, Shenzhen and Shanghai Wai Gao Qiao in accordance with China's Free Trade Zone arrangements.
Since then, BAX has aggressively pursued expansion of its license scope, to include activities such as brokerage and road transport. The new office will offer the complete BAXSuite integrated logistics services, including international and domestic air freight, ocean freight, exhibition support services, ground transportation consulting services and supply chain management solutions. “The establishment of this new branch office reaffirms BAX Global’s long term commitment to the People’s Republic of China, and its endeavour to continue to invest in supporting future developments in the logistics landscape of this emerging market,” said Andrew Jillings, BAX Global’s vice president, North East Asia. -more- Page 2-2-2-2 BAX Global Continues Expansion of China Network “We are delighted to be able to offer our customers a broader spectrum of transportation and supply chain management services under these companies, which are managed by professionals with a commitment to continuous improvement and execution,” said James Gagne, managing director of BAX Global China. He added, “We have opened this office in a key growth engine of China’s economy as a means to continually enhance our market coverage and get closer to our customers manufacturing operations in the Yangtze River Delta region. Gagne commented, “We are also particularly proud to have been ranked 19th in the Top 100 Innovator rankings for 2005 by Information Week. As the only freight forwarding and logistics company listed in the survey, the award independently acknowledged BAX Global’s IT expertise and strength in China.” Leon Zhu, IT manager of BAX Global China said, “As a global industry leader, we can leverage experience in a multitude of locations with a myriad of customers to provide each customer tailored IT solutions for supply chain management. We are confident that BAX Global China is poised to raise the bar of IT applications as a vehicle to enhance supply chain competitiveness.” Zhu added, “The next five years for China, a country with the most dynamic and vibrant economic market in the world, promise to be an exciting time for logistics companies who are able to leverage the opportunities, even though the road ahead may be filled with changing business landscapes and new economic challenges. “BAX Global has embraced IT as part of its ongoing strategy to help its customers maintain their advantage in an increasingly competitive global marketplace. And IT investment, along with specialised services for the aerospace, hi-tech/electronics, retail, and healthcare industries, helps to enhance BAX Global’s product offering in the market.”
Sourfce: Press Release
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