Cosoc Logistics

China COSCO Logistics Co., Ltd (COSCO Logistics), founded in January 8, 2002, is wholly owned subsidiary of COSCO Group. COSCO Logistics is an international third-party logistics company with leading position in China, offering Chinese and foreign customers services including logistics of home appliances, electronics, chemicals; power, exhibition and aviation logistics; as well as supply chain management, air freight forwarding and shipping agency, etc. Shipping agency business with the brand of PENAVICO accounts for over 50% of the total in the Chinese market. COSCO Logistics has a well-established service network that covers all areas in China and radiates the whole world. It has 8 subsidiaries, over 400 branches in China, overseas agencies in 17 countries and regions, and has signed long-term cooperative agreements with over 40 international freight forwarding companies.