Industrials Jul 05, 2020 07:49 PM (GMT+8) · EqualOcean
According to STO Express’s (申通快递) global president – Qun Zhu, the firm is currently promoting its global business, setting up shipping lines in European countries. STO Express has set up 100 overseas networks and 30 warehouses so far, and it is focusing on building the logistics line among China-Europe, China-Japan and China-America. State Post Bureau (国家邮政局) has announced to conduct an ‘overseas shipping project’ (快递出海工程), as China’s express firms merely account for a small amount globally. Specifically, China’s overseas shipping occupied less than 3% and 10% in order volumes and revenues.