China’s Cosco Shipping has opened a sea and air logistics center in Guangzhou Airport’s economic zone, reports Air Cargo News.
The facility is to include warehousing, logistics, e-commerce and other value-added services. Its opening marks the start of the Shanghai-headquartered company’s regional supply chain platform in southeast China.
COSCO enters airfreight space
Cosco Shipping Logistics chairman Han Jun: “This logistics park applies [a] smart management system, which can make the best use of visualisation, digitalisation and intelligent technology to build a safe, convenient, efficient and green park. This project is in line with the national Great Bay Area development strategy and we will increase investments in core resources and accelerate upgrading [to create an] integrated logistics supply chain.”
Cosco is not the only shipping line to have entered the airfreight space of late. CMA CGM, Maersk and Mediterranean Shipping Company (MSC) have all invested aircraft or entered partnerships to develop their own cargo airlines.
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Source: Air Cargo News
