China’s 24m car market spurs trucking investment

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As automobile sales spread from China’s crowded east coast cities to the more-rural west, companies that move cars and spare parts by truck from factories to showrooms are expanding to meet the demand, according to this report from Bloomberg.

NYK, the world’s largest carrier of vehicles by sea, is planning to add more logistics centres for trucks in China as part of a multi-billion-yen worldwide expansion. Anji Automotive Logistics Co., a unit of China’s biggest carmaker will “expand the construction for ...