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A privately held company, Beijing Changjiu is the largest independent automotive logistics company in China, with annual revenue of $500m, according to UTi. The partnership gives each company the ability to cross-sell one another’s capabilities to automotive companies around the world, and creates a lead service provider in the Asia-Pacific region. The partnership will also help UTi to expand its presence in the China market by way of Changjiu’s client base, cultural expertise and government relationships, the company said. UTi offers air and ocean freight forwarding, contract logistics, customs brokerage, distribution, inbound logistics, truckload brokerage and other supply-chain management services. Clients include companies in the retail, apparel, chemical, automotive, pharmaceutical and technology industries.
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