Logistics provider De Well Group plans to market and sell ocean container capacity available through the JOC Exchange, an online private marketplace for shipping customers, the Journal of Commerce reported.
The De Well Group will provide the e-commerce solution to a select group of its customers as a service on its own Web site.
The company will start the service by providing its customers with the ability to buy space on the eastbound trans-Pacific trade from Shanghai to all U.S. ports. De Well moves over 120,000 20-foot equivalent units annually of U.S. import cargo on the trans-Pacific.
JOC Exchange is a service of The Journal of Commerce, the leading provider of market enabling intelligence for commerce and the transportation industries since its founding in 1827 and a part of UBM Global Trade Inc - the surface transported cargo market division of business services and media provider UBM plc.
Shanghai-based De Well Group has been providing world-class Logistic services since its establishment in 1990. As a licensed international Freight Forwarder and a registered NVOCC, De Well Group specializes in providing sophisticated, cost-effective, solutions to distributors, manufacturers, and international & local supply-chain operators. Since 1994, De Well Group accelerated its NVO business in the USA transpacific trade lane. Since then, new ventures between China and USA enabled the company to satisfy clients across the globe with its unsurpassed ONE-STOP worldwide logistic service. With its network of over 40 offices and 1000 plus staff, De Well Group continues to hold a significant role within the logistics field by moving over 100,000 FEU (forty foot equivalent units) annually.