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Less than truckload (LTL) cargo is the first category of freight shipment, representing the majority of freight shipments and the majority of business-to-business (B2B) shipments. LTL shipments are also often referred to as motor freight and the carriers involved are referred to as motor carriers.
By November, J&T had raised an additional US$ 2.5 billion, with a valuation of US$ 20 billion and investments from Boyu Capital, Hillhouse Capital Group, Sequoia Capital China, and Tencent Holdings. Reports indicate that J&T is planning to go public in Hong Kong in 2022, [4] [8] and that CICC, Bank of America and Morgan Stanley are preparing ...
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