Larger aircraft order signals YTO's global ambitions

Shanghai YTO Express (Logistics) Co, China's third largest express-delivery firm by cargo aircraft number, will introduce at least three widebody air freighters to its fleet in 2018 to handle international delivery operations, its chairman said on Monday.

Yu Weijiao said the freighters will support the company's overseas parcel delivery service, cross-border e-commerce business and temperature-controlled supply-chain delivery services.

With a staff of more than 260,000 employees, 32,000 vehicles and 82 transit centers in more than 100 Chinese cities, YTO Express is the third Chinese express shipping company to have its own cargo aircraft, along with China Post's EMS and SF Express.