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COSCO Shipping Car Carrier (CSCC) has ventured into the European automotive logistics market, after signing a collaboration agreement with German logistics group PWL Shipping on Wednesday.

The COSCO group’s automobile shipping unit, which was established in August 2022, has ordered 24 pure car and truck carriers since its incorporation, and has ambitions of global expansion.

CSCC and PWL have pledged to provide automotive logistics and other value-added services in Europe. PWL’s automotive logistics unit, LPL Automotive, specialises in shipping vehicles between North ...

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