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Fu Zhongfu,Vice President of China Federation of Logistics & Purchasing(CFLP): we should change truck standards. Efforts could be made in the following aspects to solve the persistent problems in the logistics industry. First,technologic requirements for access to the industry should be raised.Currently there are 7.8 billion road t ransportation companies in China,with more than 110 billion trucks or about ten trucks each company.The market share of the top 20 companies is less than 2 per cent. However,the top five road transportation companies in the United States are 60 per cent.Therefore we must raise technologic standards to get rid of the current disorderly competition.
Fu Zhongfu, Vice President of China Federation of Logistics & Purchasing (CFLP): we should change truck standards. Efforts could be made in the following aspects to solve the persistent problems in the logistics industry. First, technologic requirements for access to the industry should be raised.Currently there are 7.8 billion road t ransportation companies in China, with more than 110 billion trucks or about ten trucks each company. The market share of the top 20 companies is less than 2 per cent. However, the top five road transportation companies in the United States are 60 per cent.Therefore we must raise technologic standards to get rid of the current disorderly competition.