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- Establishes a platform to support the creation of innovative new-to-market B2B and B2C products and services enhancing market access, initially between China and the US, with plans for further global market expansion
- Products supported by the joint venture will leverage the parent companies’ networks, product portfolios, technologies and supply chain expertise
- Customers in China to be offered more international shipping options, transit times and services, enhanced visibility and control of international shipments, and cohesive customer care at origin and destination
- Joint venture subject to regulatory approval
