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Lower parcel volumes due to the coronavirus-induced supply-chain disruptions might have hurt ZTO Express' (ZTO) Q1 earnings performance.
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ZTO was founded in 2002 by Lai Meisong, a native of Tonglu County which produced the founders of several Chinese Logistics companies including STO Express, Yunda Express and YTO Express. Lai had previously dropped out of high school to work at STO Express where he became a veteran in the logistics industry.
With the rapid growth in the e-commerce business, ZTO Express (ZTO) parcel volume has increased recently. 5 Reasons Why You Should Buy ZTO Express (ZTO) Stock Now Skip to main content
ZTO Express Cayman Inc. (ZTO) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
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