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The Latest UPS Headlines
In China's package delivery market, smaller is better
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<blockquote data-quote="cheryl" data-source="post: 994804" data-attributes="member: 1"><p><a href="http://www.reuters.com/article/2012/07/13/china-delivery-idUSL3E8ID1H720120713" target="_blank"><strong>In China's package delivery market, smaller is better - Reuters</strong></a></p><p><a href="http://www.reuters.com/article/2012/07/13/china-delivery-idUSL3E8ID1H720120713" target="_blank"></a></p><p> China's 35,000 express delivery companies can ship packages hundreds of miles for less than the cost of a standard U.S. letter, pricing out global players such as FedEx and UPS that control just 3 percent of the fast-growing market.</p><p></p><p>Size is normally an advantage in China, where large state-owned companies dominate industries from banking to energy. In express delivery, however, smaller has proven to be better.</p><p></p><p>Some industry watchers say the next phase of development will see a move towards reliability, service and specialisation instead of low cost. That will weed out many of the smaller companies and benefit the larger ones, including foreign firms.</p></blockquote><p></p>
[QUOTE="cheryl, post: 994804, member: 1"] [URL="http://www.reuters.com/article/2012/07/13/china-delivery-idUSL3E8ID1H720120713"][B]In China's package delivery market, smaller is better - Reuters[/B] [/URL] China's 35,000 express delivery companies can ship packages hundreds of miles for less than the cost of a standard U.S. letter, pricing out global players such as FedEx and UPS that control just 3 percent of the fast-growing market. Size is normally an advantage in China, where large state-owned companies dominate industries from banking to energy. In express delivery, however, smaller has proven to be better. Some industry watchers say the next phase of development will see a move towards reliability, service and specialisation instead of low cost. That will weed out many of the smaller companies and benefit the larger ones, including foreign firms. [/QUOTE]
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In China's package delivery market, smaller is better
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