The total value of Alibaba shares sold as part of the IPO reached $25 billion after underwriters exercised their options, making it the largest ...
The importer of bikes and bike parts works with e-commerce partners.
Cycle Force Group, which imports bicycles, parts and accessories for bike stores and other customers, is adding warehouse space to accommodate its growing business providing assembly and delivery services for other companies.
The company, based in Ames, IA, says it recently added 1.28 million cubic feet of space for that logistics business, bringing the total to 2 million cubic feet.
“Since entering into our first [third-party logistics] agreement several years ago, we have annually grown and expanded our services to include 99% bike assembly and packaging along with private-label bike accessory procurement/storage and fulfillment as demands arise,” says Nyle Nims, president of Cycle Force Group. “We are seeking those partners who wish to come to the U.S. without the burden of establishing their own operations and those who need special services such as drop shipping, distributor fulfillment and even sales to our developed e-commerce business partners.”
Cycle Force Group says its third-party logistics business for bicycle sellers includes distribution, storage and insurance, among other services.
For a free subscription to B2BecNews, click here.