Chinese freight company YTO Express will build an aviation and surface logistics hub at Jiaxing in eastern China, preferring a location close to wealthier parts of the country rather than the central position chosen by rival SF Express. Stage one of the YTO’s hub will go into operation in 2021, the company said, announcing the project. Construction will begin this year. By 2030, the facility will have a freight capacity of 1.1 million metric tons a year and act as the base for 50 ...

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