COSCO and Bollore to Unite on Digitization

New drive to improve logistics across the chain

Published on:

20 Feb 2019, 10:02 am

COSCO Shipping Lines has penned an MoU with Bolloré Logistics to work together on digitization, as well as in the transport and logistics sphere.

The companies have stated they are aiming to “intensify international flows” of cargo, with especial regards to Africa.

COSCO and Bollore at the signing of the MoU

Wang Haimin, Managing Director of COSCO Shipping Lines, said: “The new agreement has significant meaning to both of the two companies to further develop global business.”

2018 Ends with Moderate but Sustained #Cargo Growth -- The final quarter of 2018 featured slowing yet continued growth in cargo activity, which is likely to carry into 2019 despite questions surrounding #globaltrade. Read @BolloreLog’ full LIVE article: https://t.co/e4JBps1rg9 pic.twitter.com/2Uu9NgGDMj
— Bolloré Logistics (@BolloreLog) February 15, 2019

Cyrille Bolloré, CEO of Bolloré Transport & Logistics, added: “This new agreement signed with Cosco Shipping Lines is the result of our common desire to develop synergies between our businesses.

“It also illustrates our ambition to continue the development of our international network by promoting cooperation with strategic partners, recognised for their excellence and performance.”

logistics

COSCO

supply chain

Bollore

digitization