YTO Express acquires OTEL to use as springboard for international expansion

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, global network of 52 offices […]
  • Charles Kauffman
  • May 17, 2017

YTO goes west with new joint-venture airline and hub

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 International Cargo Airlines. YTO’s CEO, Yu […]
  • Charles Kauffman
  • April 5, 2017

One Belt, One Road adds new London rail link

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 Eastern Asia and successfully arrive in […]
  • Charles Kauffman
  • January 18, 2017