RE:Chinese delivery company builds up fleet in Europe
"faguangzi published on 2016-11-09 08:51:05
By using their own trucks and planes, they can cut prices and take on global rivals
STO Express became the first major Chinese delivery firm to set up its own dedicated fleet ofplanes and trucks for deliveries across Europe, with the first flight landing in Prague onWednesday.
The company says it wants to grab a quarter of the China-related market share from bigglobal delivery firms like DHL, UPS, TNT and FedEx in the next one or two years, as its feesare only half theirs."
