I have in previous email stressed the importance of the logictic side of SMA business. In China the logistics sector represents a $2.2tn (Globally $9tn).
Of relevance you might want to refer to this interesting article, notice delivery costs compared to USA;
https://www.ft.com/content/850d920a-dd65-11e6-86ac-f253db7791c6
I would not be surprised if SMA in time will take part in this tech-driven logistics network, referred to in this article.
Cainiao in China is spearheading this nework, they invest big amounts of money in IT systems, big data, automation and also the last-mile delivery, using drone deliveries and driverless vehicles. On this subject, I have suggested to SMA management they should start looking into next generation delivery systems and networks.
Interesting times ahead, IMO.
Lets see how all this unfolds.
Gluck & DYOR.
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