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The Trucking Industry in China

In: Business and Management

Submitted By kristy1992
Words 3091
Pages 13
1. Introduction
The Trucking industry in China provides road freight and cargo transportation services using trucks, cars, trailers and other road vehicles (ACMR,2). Trucking is a primary mode of overland freight, and it plays an important role in the whole area of transportation. As trucking is flexible, simple and convenient in freight, it has more advantages than by rail, air transportation for short distance transportation.
2. Analysis of trucking industry in China
Since 1980s, China's economy has been developing rapidly, as well as the level of technology, which improved the network. With the commodity economy becoming increasingly active, inter-regional economic interaction and exchange of goods has become more frequent, and the average transportation distance also increased. The reform changed the planned economy and the dominance of state-owned transport enterprises in the transportation market situation. Market diversification has become more plentiful, in order to meet the new demands of the national economy in the trucking industry (Cheng, 94). Transportation market diversification and rapid development both contributed to providing goods vehicle loading, freight forwarders and shipping information emerged freight services. These services include traditional truckload, LTL and container, large bulky cargo, dangerous goods transport, and express transportation, social storage transportation services are also occasional established. The rapid development of the transport market diversification and capacity make it possible to services like providing goods vehicles, freight forwarders, and freight shipping information to emerge (Suo, 13). In addition, as the economy system has changed since 1978, the market of the trucking industry is no longer controlled by Chinese government. There are two main types of companies in this industry: the large logistics

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