Bolloré Logistics and Cosco Shipping sign MoU at the China International Import Expo 2018

November 7th, 2018

On November 6th, 2018, Cosco Shipping and Bolloré Logistics signed a Memorandum of Understanding to establish a strategic cooperation and explore ongoing and future projects and opportunities in airfreight services at the China International Import Expo (CIIE) 2018.

Bolloré Logistics and Cosco Shipping have started to discuss the following cooperation opportunities: travel retail cooperation, luxury automotive imports, import customs brokerage in China and import of temperature-controlled pharmaceutical products in Pudong International Airport (PVG).

In the frame of this MoU, both parties should create a specific temperature-controlled warehouse for air import of pharmaceuticals at Pudong International Airport (PVG), aiming to turn the PVG Pharma Warehouse into a high-quality service solution in PVG.

“This MOU highlights the desire of the two parties to partner in the field of airfreight and specifically develop a common vision in the area of warehousing service for pharmaceutical products,” said Thierry Ehrenbogen, CEO of Bolloré Logistics.

Key Figures
  • 20%

    More fuel-efficient for the Boeing 787 and the Airbus A350

  • 70%

    of Urbanisation is expected by 2050

  • 27

    mega-cities are expected by 2050, with at least 10 million people, compared to 1...

  • +18,4%

    of growth for E-commerce retail market in Europe in 2015

  • 82%

    of goods are moved by road

  • 1 billion

    Population in Africa

  • 60%

    of Africa’s population will be urbanized by 2050

  • 7,5%

    of growth for Indian GDP in 2014

  • 4,9%

    of growth for African GDP in 2016

  • 6,1%

    of growth for East Asian GDP in 2015, the world’s fastest-growing region

  • 19 224 teus

    transported by the MSC Oscar, the largest container ship in the world

  • 396 m

    is the size of the MSC Oscar ship

  • 120 h

    is the Non-Stop Flight Record done by Solar Impulse

  • 4,5%

    of growth in 2015 for Global Airfreight demand