Of those surveyed, 68 percent are working in China without any Chinese joint venture partner, the “3PLs’ Views on the Logistics Landscape in China” survey found.
“With regulations on internationally owned companies operating in China being gradually eased, and the government lifting previous restrictions a few months ago due to increasing demand for wholly foreign-owned enterprises, it appears that many global players have opted to set up independently,” the survey said.
For the 32 percent that do work as part of a joint venture structure respondents were asked what they felt were the key benefits to their company in maintaining this strategy. Of these, 32 percent believed the key benefit of working as a joint venture is the improved operational knowledge and expertise they can gain and 26 percent viewed increased brand awareness and reputation within the industry as a key benefit.
“This most likely reflects the struggle for many international players to develop a competitive business in China,” Eyefortransport said.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now