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Agility to buy Chinese freight forwarder

Kuwait-based logistics company Agility has signed a conditional agreement to acquire Cosa Freight, a full-service ocean freight forwarder with offices in six key locations in China and a presence in Hong Kong, USA, and Canada. The acquisition will further strengthen Agility's network capability in China and increase the range of services on offer in major trading and manufacturing centres across the country, the company said in a press release.