Non-asset freight transportation interests in the U.S. and China formed an alliance last week to promote trans-Pacific cooperation in third-party logistics.
The Transportation Intermediaries Association and Chinese International Freight Forwarders Association signed a cooperation agreement in Beijing March 2.
The agreement, announced Monday, will spur exchanges of market information between 3PLs in both countries, said Robert Voltmann, TIA president and CEO.
The U.S. and Chinese associations also said they agreed to protect “the legitimate rights and interests of the other party’s members in its country.”
“Closer cooperation between the members of the TIA and CIFA makes sense, and will improve service to our members customers,” said Voltmann.
As a first step, the TIA said it will work with CIFA to encourage CIFA member companies to participate in the FIATA World Congress in Los Angeles Oct. 6-12.
FIATA is the international federation of freight forwarder associations.