Shanghai-based Milkyway Chemical Supply Chain Service has, in partnership with Chengdu Xiongfeng Investment, acquired a 60 per cent shareholding in Sichuan Xiongrui Logistics, which it says has greatly improved distribution activities in the Sichuan and Chongqing region of China.
Xiongrui Logistics has a broad range of service offerings, including the road transport of dangerous goods, chemical warehousing, international freight forwarding, cold storage and other specialities. Milkyway says its team has a lot of experience in the chemical logistics sector, with long-term customer relationships across its network in Chengdu, Chongqing, Luzhou, Hangzou, Xi’an, Guangzhou and elsewhere.
Xiongrui Logistics will now be renamed Milkyway Xiongfeng Logistics and be fully integrated into the Milkyway management system, strengthening its national distribution network and improving response times for customers.
Milkyway has also acquired Ningbo Dowchain Logistics, which was formed only in September 2019 with a focus on chemical transport and international freight forwarding. Dowchain’s team came from logistics operations in multinational and state-owned chemical groups.[post_title] => Milkyway grows in China [post_excerpt] => [post_status] => publish [comment_status] => open [ping_status] => open [post_password] => [post_name] => milkyway-grows-in-china [to_ping] => [pinged] => [post_modified] => 2020-11-02 07:45:59 [post_modified_gmt] => 2020-11-02 07:45:59 [post_content_filtered] => [post_parent] => 0 [guid] => https://hcblive.com/?p=29980 [menu_order] => 0 [post_type] => post [post_mime_type] => [comment_count] => 0 [filter] => raw )