Unsold GXO – Vertical integration in logistics? You must be kidding
Forget that myth
Sinotrans has been high on my radar for a long time, and it might not be long before it joins the M&A game – but is the largest state-owned logistics services provider in China ready to buy or sell assets?
On the road to consolidating logistics services, where domestic ties grow in importance, odds are short that China would consider a strategic deal between COSCO Shipping and Sinotrans, perhaps using Alibaba as an assets integrator. This could be the inevitable next step, whether or not ...
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