FESCO Transportation Group (FESCO) has signed an agreement on the development of cooperation with Qingdao Port International Co. and Chongqing Longqilin Supply Chain Management Co. at the China International Import Expo in Shanghai.
By the agreement between FESCO and Qingdao Port International Co., the parties will explore possibilities of launching new services working through the port of Qingdao, and FESCO providing empty containers in Qingdao port on a priority basis.
Logistics services for transportation
FESCO and Chongqing Longqilin Supply Chain Management Co. together will investigate prospects of expanding logistics services for the transportation of agricultural products, primarily grain and oil, in containers from Russia to Chongqing city and Sichuan province.
FESCO will arrange intermodal transportation from Russia, and Chongqing Longqilin Supply Chain Management Co. Will take over logistics in China.