Long Haul Road Transportation in China

1. Schneider is likely to make investments worth tens of millions
of dollars in China within a year.
2. China plans to more
than double its current 41,000 kilometers of expressways in the next few years.
3. China's
logistics spending is about 18.5% of gross domestic product, compared with less
than 10% in the U.S.
In 2005 the country's logistics industry saw sales rise 25% to 48.1 trillion
yuan ($6.1 trillion), according to official statistics.
4. YRC Worldwide is setting up a
transportation company in a joint venture with Shanghai Jin Jiang International
Industrial Investment Co., YRC, formerly known as Yellow Roadway and
based in Overland Park, Kansas, invested $45 million for a 50%
equity stake in the venture.

Source: Fong, Mei. 2007. "In China, the long march to long-haul trucking," Wall Street Journal, 26th April 2007.