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More Fleets Enter China Offering Trucking, Logistics
Schneider National Inc., which recently received a license to operate as a domestic carrier in China, is at the leading edge of a growing Asian investment wave by U.S. fleets, joining both truckload and less-than-truckload companies that have partnerships or logistics operations there.
Schneider said it will spend “tens of millions of dollars” to open operations in all major Chinese cities over the next three to five years as a prelude to reaching the entire country, and several other carriers said they are either preparing or investigating expanded operations there.YRC Worldwide told investors last week it plans to make trucking and logistics investments in China through its Meridian IQ logistics subsidiary, which already has a freight-forwarding operation there, and executives of Landstar System and Old Dominion Freight Line said they were either considering or launching operations in China.For the full story, see the Feb. 26 print edition of Transport Topics. Subscribe today.