Post Tagged with: "one road"

YTO Express acquires OTEL to use as springboard for international expansion

YTO Express acquires OTEL to use as springboard for international expansion

May 17, 2017 at 10:58 am 0 comments

On 8 May, Shanghai-headquartered courier, YTO Express announced its intention to acquire a 61.87% stake in Hong Kong-based forwarder and logistics specialist, On Time Logistics (OTEL), and establish its international business headquarters in Hong Kong. The acquisition will support YTO’s efforts to go global by leveraging OTEL’s international business expertise,Read More

YTO goes west with new joint-venture airline and hub

April 5, 2017 at 12:29 pm 0 comments

Shanghai-based YTO Express will build a new hub at Xianyang Airport (XIY) in the city of Xi’an in central China. Further, the company’s airline subsidiary, YTO Express Airlines, signed a memorandum of understanding with Western Airport Group to establish a joint-venture airline in Xi’an under the name China Northwest InternationalRead More

Yiwu to London

One Belt, One Road adds new London rail link

January 18, 2017 at 10:56 am 0 comments

On 18 January, China’s “One Belt, One Road”overland development initiative achieved a new milestone when a freight train that originated in the Eastern Chinese city of Yiwu in Zhejiang province, arrived at London’s Eurohub terminal in Barking. Although this was not the first overland cargo train to depart from EasternRead More