- Mar 05, 2021
- Business Update
CRE and JDL Jointly Establish a Logistics Company in Beijing
by Yuchuan Wang
China Railway Express Co., Ltd. (CRE) and JD Logistics (JDL) announced the establishment of a joint stock company, China Railway JD Logistics Ltd. (中铁京东物流有限公司), on Mar. 5. The company will focus on the areas of railway express, e-commerce logistics, logistics equipment and facilities and information service, and promoting technological innovations.
The joint stock company will leverage CRE’s advantages in railway resources and JDL’s nationwide logistics network to increase the efficiency and lower the cost of logistics in society, and enrich railway express-related service offerings to provide the timely integrated logistics services.
A representative from JDL said that the industry’s potential will be further stimulated with the continuous innovation and integration of e-commerce, logistics and high-speed railway networks. CRE and JDL will collaborate to facilitate the convergence, and intelligent and digital transformation of the logistics industry, and enhance the service capability of integrated supply chain.