International Logistics Service Provider Milkyway Officially Listed A Shares

On July 13, 2018, the international logistics service provider Milkyway (stock code: 603713), which specializes in the chemical industry, officially listed A shares. This is the first private freight forwarding listed company that has been ushered in by the China domestic capital market so far, opening a new exit channel for the influx of investors in the trillion-yuan freight forwarding market.

On July 13, 2018, the international logistics service provider Milkyway (stock code: 603713), which specializes in the chemical industry, officially listed A shares. This is the first private freight forwarding listed company that has been ushered in by the China domestic capital market so far, opening a new exit channel for the influx of investors in the trillion-yuan freight forwarding market.

 

 

In the past few years, China's logistics market has been transformed by capital and technology on a large scale, which has brought about tremendous changes in the market structure. The market and enclosure movements of capital and startup companies in various sub-sectors have basically taken shape.

 

In the international logistics market, especially the freight forwarding industry, most companies continue to operate the inefficient operation mode for many years. The substantial transformation of capital and technology into this industry has just begun. This has left a huge opportunity for entrepreneurs and investors who are keen on this field. The freight forwarding market entrepreneurship and investment projects have quietly warmed up in the past two years.

 

The most benchmarking company is FLEXPORT, which is headquartered in Silicon Valley and is located in the technology-based freight forwarding. After completing the $110 million C-round financing led by top investment institutions such as DST in September 2017, it won the lead in SF in April 2018. The strategic investment of 100 million US dollars has become the only venture freight forwarding company that has successfully entered the C round and successfully verified its business model in recent years.

 

In the past two years, China's new freight forwarding entrepreneurial direction is more inclined to use the heavily operational + technology application to reduce costs and increase efficiency and multi-party empowerment in the traditional freight forwarding industry.

 

This year's trade war has brought a great negative impact on the current shipping industry. However, the most important impact is the Sino-US route. Most of the goods on this route are FOB terms, and the market is basically dominated by foreign giants.

 

To the Chinese freight forwarding market, the strategy of the Belt and Road Initiative, the market further opened up to increase the volume of imports, and the continued growth of e-commerce logistics, bringing more trade to CIF terms, and the decision-making power of international freight transportation was gradually transferred to China. This has become the biggest market opportunity for Chinese freight forwarding companies.

 

 

(Source: Jjgle.com)

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