China's New Ministry of Transport
In an exciting development, the Chinese government took a major step forward in improving communication and coordination across the logistics sector. The newly formed Ministry of Transport will combine the activities formerly conducted by the Ministries of Communications and Construction, the General Administration of Civil Aviation of China (CAAC) and the State Post Bureau under one roof. This will lead to streamlined organization and control of many logistics activities, thus enabling China to drive down its logistics costs.
Unfortunately, the Ministry of Railways was not folded into the Ministry of Transport at this time. We all hope that progress is made on that front over the months to come.
For logistics managers concerned with their China logistics costs, this is good news. Read the full article here.
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