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TOYOTA AWARDS CHINA CONTRACT TO COSCO

TOYOTA AWARDS CHINA CONTRACT TO COSCO

   Toyota has awarded a contract to move cargo for a project in Chengdu,
Sichuan province, to COSCO Container Lines, the liner shipping arm of the China Ocean
Shipping Co. group.
   Toyota, which had invited nine ocean carriers to bid for the contract, agreed
to name COSCO as the exclusive carrier for the project.