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News / Declining freight rates offset increasing volumes for Sinotrans

Sinotrans
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China’s largest freight forwarding and logistics group, Sinotrans, has reported largely flat trading results in its first year of being state owned.

Sinotrans, listed on the Hong Kong Stock Exchange, saw total revenues for the year came in at Rmb46.7bn (US$6.8bn) compared with Rmb45.5bn in 2015, representing a 2.8% ...

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