News / Cosco intensifies drive into logistics with new Guangzhou sea-air facility

Cosco has moved further into the logistics arena with the opening of a sea and air logistics park in Guangzhou last week.

The 61,640 sq metre facility, in Guangzhou Airport’s economic zone, features warehouses, e-commerce services and temperature-controlled equipment for clients in the pharmaceutical industry, which has grown in importance since Covid.

The pandemic resulted in logistical bottlenecks in major ports that saw container freight rates hitting historical highs, and the three largest liner operators, MSC, Maersk and CMA CGM, have been adapting ...