Orient Overseas International

Business

Cosco Shipping Reaches Preliminary $6 Billion Deal With OOCL; Effect on Trucking Unclear

Cosco has bid $6.3 billion for Oriental Overseas international Jasper Juinen/Bloomberg News

West Coast seaport officials and trucking executives are monitoring Cosco Shipping’s $6.3 billion bid to purchase Orient Overseas International Ltd. to see how the consolidation would affect their businesses.

Ari Ashe | Staff Reporter
July 13, 2017