China Railway Express acquires highest credit status from CFLP

China Railway Express (CRE) has become the first railway carrier in China to acquire the highest credit status from China Federation of Logistics & Purchasing (CFLP), Xinhua reported.

CFLP recently posted the first 24 A-grade credit status companies in Beijing and CRE was one of them by acquiring AAA-grade, the highest credit status, the report said.

CRE was named an AAA-grade company for its quality assets, reputation and advanced logistics service capacity, the report said.

CFLP launched the credit status appraisal to logistics companies in China in March this year following the authority's request to strengthen credit status appraisal management in the logistics industry, the report added.