Beijing Paper Criticizes Chinese Trucking Industry
From Reuters
BEIJING —
China loses $1.6 billion a year because nearly half its truck fleet is running without cargo, according to an official newspaper.
A front page story in Economic Information said the waste was due to bad management of truck firms and lack of coordination.
China had 2.5 million trucks, or 60% of the nation’s transport capacity, which were empty 47.9% of the time.
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