COSCO CEO Wei Jaifu steps down

· Tuesday, July 02, 2013

A brief announcement said Li Yunpeng has been named director of the board and the president of COSCO Group and Wei Jiafu has retired and no longer holds any position in the company. Wei, 63, became president of COSCO in 2000.

Chris Dupin

Chris Dupin has written about trade and transportation and other business subjects for a variety of publications before joining American Shipper and Freightwaves.