Comment / Signs of Chinese vertical M&A in logistics? Enter the Sinotrans rollercoaster

ID 31960137 © Stihl024 | Dreamstime.com

If value was an inverse function of transparency, China’s Sinotrans would arguably rank top of the freight forwarding world.

That was the case for Q1 23 numbers, anyway, in the wake of scant disclosure. But that comes with a caveat, if I may.

True story

One of the largest asset-light transport and logistics (T&L) firms worldwide – based on off-peak 2021 estimates by Transport Intelligence: it’s fifth by air and sea revenues in the global league tables – will soon be confronted with ...