WCAWORLD AND YTO INTERNATIONAL ANNOUNCE THEIR PARTNERSHIP IN A NEW COURIER NETWORK, WORLD PARCEL ALLIANCE

The new partnership between the world’s largest logistics network, WCAworld, and YTO International, a subsidiary of a leading courier company in China and a technology-driven provider of international express and supply chain solutions, was announced at this year’s WCAworld Conference in Singapore. The joint venture was signed by WCAworld Founder and Chairman, David Yokeum and YTO International Executive Director, Leo Huang. This has been a long time coming with both parties showing interest in coming together to create a network that will benefit international courier companies.

Behind the partnership is their common goal to provide solutions to courier companies and help them succeed in today’s growing e-commerce market by working closely with WCA eCommerce Network. World Parcel Alliance is the fruit of this shared vision to empower local couriers with advanced software solutions and automated courier equipment, allowing them to upgrade, connect and access world-class membership benefits that many WCAworld members enjoy today.

During today’s JV Signing Ceremony, David Yokeum spoke aboutthe benefits members can draw from the network. The network allows access to technology that will connect courier companies more closely so that they will be in a better position to benefit from booming cross-border e-commence worldwide.

No two companies are better positioned to join hands and make this happen. WCAworld is the world’s largest and most powerful network of independent freight forwarders with over 12,000+ member offices in 196 countries worldwide. YTO International, a leading courier operating under a well-functioning courier franchise business model, is also an innovator embracing automation and information platform technologies. Members of the World Parcel Alliance will benefit from the guidance and support of the two great leaders in the industry.

About WCAworld

Founded in 1998 by Chairman David Yokeum as the world’s first worldwide non-exclusive network, WCAworld is neutrally managed and operated to benefit every member company. WCAworld is the world’s largest and most powerful network of independent freight forwarders, with over 12,000+ member offices in 196 countries worldwide. The combined logistics might of the WCAworld membership exceeds that of the world’s largest multinational freight forwarders.

Over the past 25 years, WCAworld has continuously strived to add new, innovative, and high-value membership benefits. This unique formula, combined with a dedication to excellence, has enabled WCAworld to set new standards in the industry. Every member of every WCAworld network is also automatically covered by the most generous and extensive financial protection program in the industry, which allows your company to conduct business with other WCAworld members with complete security and peace of mind.

About YTO International

Founded in Shanghai on May 28, 2000, YTO Express Co., Ltd (YTO) is China’s leading technology-driven courier company, delivering 17.4 billion parcels in 2022. In 2017, On Time Group, a listed company operating in Hong Kong was acquired by YTO and then renamed YTO International Express and Supply Chain Technology Limited (Stock Code: 06123. hk). As the only global business arm, YTO International has evolved to be a global supply chain integrator and a comprehensive logistical service provider, providing international express and courier services, technology, freight forwarding, and supply chain solutions. Today, YTO has over 50 overseas stations in 18 countries and regions, with more than 2,000 global air and sea freight routes to over 150 countries and regions. It maintains strategic partnerships with top-level global logistics service providers to serve customers worldwide.