Regulating express delivery sector will benefit buyers and couriers
ACCORDING TO MEDIA REPORTS, tens of thousands of packages have piled up at a delivery station of YTO Express in Beijing. The company said that the backlog was because many of its employees had not returned from their Spring Festival leave, but normal order was resumed on Saturday. Beijing News commented:
YTO is not the only express delivery company that has suffered from this problem. Companies such as STO and Best Express also had the same trouble.
This has much to do with the business model of the express delivery companies. Since 2005, the express delivery market has grown rapidly in China with the flourishing of e-commerce. In order to grab a large share of the market, some companies have allowed anybody to use their name for franchises if they are willing to pay.