Road freight volume takes up more than 70 per cent of China’s total cargo transport, according to information provider Chyxx.com. Photo: Handout
Road freight volume takes up more than 70 per cent of China’s total cargo transport, according to information provider Chyxx.com. Photo: Handout

Tencent, Alibaba backed Chinese start-ups G7 Connect, E6 Technology merge to create truck management services giant

  • The size of China’s road freight market, the world’s largest, was worth 6.2 trillion yuan (US$933.4 billion) in 2020, according to information provider Chyxx.com
  • About 80 per cent of the country’s road freight transport capacity is managed by around 700,000 freight managers, according to consultancy BCG

Road freight volume takes up more than 70 per cent of China’s total cargo transport, according to information provider Chyxx.com. Photo: Handout
Road freight volume takes up more than 70 per cent of China’s total cargo transport, according to information provider Chyxx.com. Photo: Handout
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