« NACA Makes the Hazardous Shipment World a Little Less Hazardous to Navigate | Main | Paul Robbins Addresses International Ocean Commerce Organization »
March 03, 2005
Vanguard Logistics Now a Class A Company in China
Vanguard receives Class A license from the Chinese Ministry of Commerce
(PRWEB) March 3, 2005 -- Vanguard Logistics Services, the agency arm of the NACA Logistics Group, announced that its Zhuhai PRC subsidiary received its Class A operating authority from the Chinese Ministry of Commerce.
"Our target is to become a leading freight service provider in China. We will be taking full advantage of the license by elevating the status of our existing set up in key markets such as Shanghai, Tianjin, Beijing, Shenzhen, Guangzhou, and Qingdao," noted Regional Vice President for East Asia, Michael Tsui.
Vanguard now stands as one of the few non vessel operating common carriers (NVOCC) to hold the right to independently practice business in China without the use of an agent or other separate company. The Class A license will provide Vanguard with the right to conduct international freight forwarding operations for air and ocean cargo and will cover both import and export traffic. The license also gives Vanguard the ability to issue invoices and transact business with its own personnel in China.
The license is a major step for the company in furthering the development of its new Global Resource Center (GRC), which will supplement operations world wide, and will push the GRC into position to noticeably improve the companys operations, which will in turn speed processes for Vanguards customers.
"The Class A license demonstrates the strength of our commitment to developing the mainland China market and enhancing our overall global network," explains Michael Dye, CEO Asia Pacific. "It also elevates our company's China operations and service capabilities to the highest level, which will enable us to better meet the global logistics requirements of our customer base."
An aerial view illustration of Zhuhai’s Southern Software Park depicts the Global Resource Center in the center of the park.
About Vanguard Logistics
Vanguard Logistics is a neutral CFS (Container Freight Station) warehouse operator in the USA and a part of the NACA Logistics group - one of the largest global non-vessel operating common carriers (NVOCC). NACA Logistics is a major global presence in the industry with agencies in Europe, Asia, Australia, New Zealand, North and South America. The NACA Logistics group of companies includes Brennan International Transport, Direct Container Line, Conterm Consolidation Services and Vanguard Logistics Services. For further information visit www.vanguardlogistics.com
Posted by Industrial at March 3, 2005 02:00 AM