ZTO center to help grow distribution
Print Edition
COURIER giant ZTO Express signed a strategic agreement with Henan Airport Group to build an air delivery distribution center, the airport group said yesterday.
Work on the distribution center is expected to start in August, officials with ZTO Express said, adding that the move is conducive to helping the company expand its air delivery business size and gain market share in fast international shipping, cross-border e-commerce and cold-chain logistics.
Cargo throughput at the Zhengzhou Xinzheng International Airport in Henan Province reached 457,000 tons last year, ranking seventh nationwide. It has become a hub airport with flights reaching Asia, Europe and America.
Cooperation with ZTO will help boost the rapid development of the province’s air delivery industry and speed up industrial restructuring and upgrade, the airport said.
Founded in 2002, ZTO Express, which listed on the New York Stock Exchange in October 2016, offers parcel delivery services for e-commerce merchants on online shopping platforms.
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