Bull corner: Fishing for T&L value... in China
Two under the radar
MAERSK: ANOTHER UPGRADEFWRD: HEALTHY CORRECTION R: RYDER CEO SAYS R: AMAZON ANNOUNCEMENTS RPLD: EV INFRASTRUCTURE PUSHDHL: RAMPING UP 'NEW ENERGY LOGISTICS' GXO: NEW WINAMZN: LTL SERVICE UPDATEGM: ENERGY PROVIDER MODELEXPD: LAYOFFS CONFIRMED DHL: DOWNSIDE RISKDHL: OVERVIEWDHL: DATE CENTRE PUSH IN APAC
MAERSK: ANOTHER UPGRADEFWRD: HEALTHY CORRECTION R: RYDER CEO SAYS R: AMAZON ANNOUNCEMENTS RPLD: EV INFRASTRUCTURE PUSHDHL: RAMPING UP 'NEW ENERGY LOGISTICS' GXO: NEW WINAMZN: LTL SERVICE UPDATEGM: ENERGY PROVIDER MODELEXPD: LAYOFFS CONFIRMED DHL: DOWNSIDE RISKDHL: OVERVIEWDHL: DATE CENTRE PUSH IN APAC
YTO Express has picked Jiaxing in eastern China for its aviation and road logistics hub. The express company will open the hub in 2021, reports ATW, and by 2030 will have capacity of 1.1m tons a year, while acting as the base for 50 aircraft. It will also be connected via rail, road and water transport. Jiaxing is a small city near Hangzhou, in the populous east. Rival SF Express is building a hub at the more central Ezhou, near Wuhan.
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