1.Core businesses:
third-part logistics service, international cargo agency business for imported and exported cargo via maritime shipping, flight transportation and laneway transportation.
2.Capacity of products and services:
As China’s largest third-part logistics joint venture, COSCO Logistics has established over 300 outlets in 29 provinces, cities and automatic administration areas. In addition to its largest and the most powerful ship agency system in China, the company plays a leading role in the cargo agency business capability among domestic peers.
It is China’s largest third-part logistics company with the most complete service chain and the widest coverage. It has abundant client basis, rich industry experiences and operation skills and excellent achievements in both product logistics business and project logistics business.
Its subsidiary PENAVICO is a professional ship agency with the oldest history, the largest scale and the No.1 market share in China. With the overall market share over 50%, PENAVICO owns comprehensive local service network covering over 80 ports nationwide and has pleasant partnership with ports and high brand acknowledgement among Chinese and foreign ship owners.
COSCO Logistics is one of the largest cargo shipping companies in terms of business volume in China, and also the largest joint transport operators except for railway system.
Future business development target of the company in the logistics industry: Aiming to be China’s most powerful logistics service provider and China’s best ship agency. With the conception of “Enlarging Logistics Business, Bettering Ship Agency Business, Empowering Cargo Shipping Business”, the company will realize balanced development among three businesses and build up its leadership in China’s third-part logistics business. On the 2nd China Top 100 Logistics Enterprises, COSCO Logistics was ranked on the top. In addition, the company has undertaken the transportation task of large national projects such as the Qinghai-Tibet Railway Construction Project. |