ZTO Freight

About ZTO Freight

ZTO Freight operates as the freight transportation division of the ZTO Express Group, a major player in China's logistics sector. Officially launched in 2016 and headquartered in Jiaxing, China, the company was established to meet the rising demand for standardized and efficient freight services, building upon the robust logistics network of its parent company. ZTO Freight positions itself as a provider of commercial freight transport services, focusing on Less-than-Truckload (LTL) shipping and comprehensive logistics solutions for enterprise clients.

The company's business model is centered on leveraging the extensive infrastructure and experience of ZTO Express to offer reliable and cost-effective freight options. Revenue is generated through its portfolio of shipping services. This includes 'Standard Express' for general cargo, 'Precision Express' for time-sensitive shipments, and 'Special Line Logistics' for high-volume, dedicated routes. To supplement its core offerings, ZTO Freight provides value-added services such as cash on delivery, cargo insurance, and warehousing solutions, catering to a wider range of business needs.

Since its inception, ZTO Freight has secured significant financial backing to fuel its expansion. The company raised $100 million in a Series A funding round in 2018, followed by a subsequent $300 million in a later-stage venture round in 2021. Its investor base includes prominent firms like CDH Investments, Hongshan Capital Group, and Yunfeng Capital, in addition to its parent, ZTO Express. This financial structure supports its objective to become a highly respected freight express enterprise, emphasizing network advantages and advanced IT support to deliver high-quality service.