JD.com announced a joint venture between its Jindong Logistics subsidiary and OOCL Logistics and COSCO Marine Logistics, which are subsidiaries of the China Ocean Shipping Company, or COSCO Shipping Group.
The partnership represents a meeting of two logistics giants. Shanghai-based COSCO Shipping Group is a Chinese state-owned enterprise and the world’s largest integrated shipping company, with a total fleet of 1,274 vessels, and investments in 56 shipping terminals worldwide. Jingdong Logistics...
https://container-news.com/cosco-partners-with-logistics-giant/