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China’s transport ministry summons cargo service firms over operational issues

Mark White by Mark White
January 21, 2022
in Cargo
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A man is seen under a Didi logo at the headquarters of Didi Chuxing in Beijing, China November 20, 2020. REUTERS/Florence Lo

SHANGHAI, Jan 21 (Reuters) – China’s transport ministry on Friday summoned four cargo service platforms including Didi Freight, the cargo division of Didi Chuxing (DIDI.N), and Huolala over “operational irregularities”, according to an announcement from the ministry.

It said it told them to make rectifications as there had been concerns over how they had increased membership fees and also engaged in cut-price competition.

The ministry also said it issued “reminders” to four ride-hailing firms including Didi Chuxing, Geely’s (GEELY.UL) Caocao Mobility and Meituan (3690.HK) over protecting the rights of ride-hailing drivers and ensuring stable operations over the upcoming Lunar New Year holiday.

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Reporting by Josh Horwitz; Editing by Himani Sarkar

Our Standards: The Thomson Reuters Trust Principles.

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Mark White

Mark White

Mark White is the editor of the ProcurementNation, a Media Outlet covering supply chain and logistics issues. He joined The New York Times in 2007 as an commodities reporter, and most recently served as foreign-exchange editor in New York.

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