Can you imagine a China where 3PLs can get a transportation license without owning assets? Where cargo insurance laws are clear and the onus of insurability is clearly stated and uniform? A place with low barriers to entry and exit and access to capacity helps create strong markets and greater efficiency?
Good news. China may already be going down this path. And I think, in the near future, it may be possible for a Non-truck Operating Carrier to supplement regulatory reform and help shape the future of the China distribution sector. » Read More