China’s Road Freight Grows for First Time in Three Years
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China’s road freight volume has returned to growth for the first time in three years, rising by over 5% year-on-year, according to the head of a logistics technology company.
Zhai Xuehun, founder and CEO of G7 Connect, said at a logistics conference on Oct. 23 that the industry has entered a “second half” of development.
The first half of the industry’s development was driven by the expansion of e-commerce and express delivery, but this segment now accounts for less than 10% of China’s logistics sector, Zhai said. With end-user demand maturing and digital upgrades accelerating, the next structural growth drivers will be four key areas: instant retail, agriculture and animal husbandry, regional bulk commodities, and road-rail intermodal transport, he added.
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- China’s road freight volume grew over 5% year-on-year, the first increase in three years.
- New-energy vehicle (NEV) adoption in logistics hit 25% and is projected to reach 40% by 2026/2027.
- AI and NEVs are driving industry changes, with G7 Connect launching an AI fleet management tool to address safety, efficiency, and infrastructure challenges.
- G7 Connect
- G7 Connect (G7物联) is a logistics technology company whose founder and CEO is Zhai Xuehun. They provide SaaS and hardware products for freight operators, focusing on safety, cost control, and location tracking. G7 Connect's platform currently has nearly 500,000 active new energy vehicles (NEVs), and they recently launched "Purple Box," an AI fleet management tool.
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