Independent journal on economy and transport policy
04:39 GMT+2
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DHL-Sinotrans has yielded the entire activity of courier expressed in China to the Chinese Ones-top
Sold the branches Shanghai Quanyi Express Co., Beijing Sinotrans Express Co. and Jingle Express
July 5, 2011
DHL-Sinotrans International Air Courier Co., joint venture 50:50 between the DHL of the German group Deutsche Post DHL and the Sinotrans Air Transportation Development Co. of the Chinese group Sinotrans, it has yielded the own entire activity of courier expressed in China to the Chinese Ones-top Industry Co., a company with about 300 dependent that work as express courier and shipment society. Ones-top is constituted in 1998 and has center to Shenzhen.
The cession has happened through the sale to Ones-top of 100% of the capital stock of the branches Shanghai Quanyi Express Co., Beijing Sinotrans Express Co. and Jingle Express.
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