COSCO launches two rail services connecting China with Laos and Germany

COSCO Shipping Logistics has started two international freight rail services, in cooperation with other Chinese players, which link China with Laos and Germany.

Loaded with 70 standard containers, the ‘Jiangsu – COFCO’ special train departed on 22 February from Yaohuamen railway station in China, to arrive in Vientiane, the capital of Laos.

This service is offered by COSCO in partnership with Jiangsu Liner Supply Chain and the Chinese food processing holding company COFCO, marking the transition...

https://container-news.com/cosco-launches-two-rail-services-connecting-china-with-laos-and-germany/

Investment agreement for COSCO logistics platform

Orient Overseas International Limited (OOIL), COSCO Shipping Logistics and JD Logistics entered into an “Investment and Cooperation Agreement”, in order to establish the Joint Venture through the Joint Venture Formation.

The Joint Venture Formation will involve:

  • the injection of the JD Onshore Company into the Joint Venture by JD Logistics and the acquisition of the JD Offshore Company by the Joint Venture funded by JD Logistics
  • the acquisition of Eshipping by Gold Talent and COSCO SHIPPING...

https://container-news.com/investment-agreement-cosco-logistics-platform/