China’s 24 Million Car Market Spurs Trucking Investment: Freight
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As automobile sales spread from China’s crowded east coast cities to the more-rural west, companies that move cars and spare parts by truck from factories to showrooms are expanding to meet the demand.
Nippon Yusen K.K., the world’s largest carrier of vehicles by sea, is planning to add more logistics centers for trucks in China as part of a multi-billion yen world-wide expansion. Anji Automotive Logistics Co., a unit of China’s biggest carmaker will “expand the construction for collecting and distributing” autos, according to its website.