NewsSigns of Chinese vertical M&A in logistics? Enter the Sinotrans rollercoaster

May 12, 2023by 0

If value was an inverse function of transparency, China’s Sinotrans would arguably rank top of the freight forwarding world.
That was the case for Q1 23 numbers, anyway, in the wake of scant disclosure. But that comes with a caveat, if I may.
True story
One of the largest asset-light transport and logistics (T&L) firms worldwide – based on off-peak 2021 estimates by Transport Intelligence: it’s fifth by air and sea revenues in …

The post Signs of Chinese vertical M&A in logistics? Enter the Sinotrans rollercoaster appeared first on The Loadstar.

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