Alibaba Group and Zim Partner on Sea Freight
© Nobilior / Adobe Stock
Alibaba Group Holdings and Israeli shipping group Zim have entered a strategic cooperation agreement for the direct purchase of sea freight, which will improve logistic services to merchants selling on Alibaba, Zim said on Monday.
Zim said it will provide sea freight and services through a direct interface with the e-commerce giant’s logistics platform.
The companies have been cooperating since earlier this year, the shipper said in a statement.
Zim is 32% owned by Kenon Holdings.
(Reporting by Ari Rabinovitch; Editing by Tova Cohen)
Maritime Logistics Professional ENews is the industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week