February 12, 2017

[China Money Network] CDB Capital, GLP Invest $45M In Chinese Logistic Data Firm G7

China Development Bank's private equity arm, China Development Bank Capital Corporation Ltd. (CDB Capital), and Singapore-based Global Logistic Properties Ltd. (GLP) have completed a US$45 million strategic investment in Beijing-based logistics big data company G7.

At the same time, G7 formed strategic partnerships with Indiana-based diesel and natural gas engines company Cummins Inc. and Brussels-based commercial vehicles safety technology company Wabco to collaborate on engine data and truck data information sharing.

August 14, 2016

[Shanghai Daily] Truckies go to class to improve safety, efficiency

Truck drivers, who spent a good share of their lives on the road, are known for spreading “urban legends.” The biggest myth they have ever created is about themselves: give truck drivers and their rigs a wide berth; they are dangerous.

The myth unfortunately holds some truths. China’s 30 million truck drivers, who carry three-quarters of the nation’s freight traffic, are involved in about 70 percent of road accidents.

Volvo Trucks Driver Development program is betting that a little training goes a long way in making trucking safer.

April 05, 2016

[Deal Street Asia] China: G7 raises $45m from Tencent, Temasek

Beijing-based logistics big data firm G7 has raised $45 million in its Series C round from Temasek Holdings, Tencent and Eastern Bell Venture Capital, according to multiple Chinese media reports.

January 16, 2016

[CCTV] When logistics meets data

Beijing-based logistics big data firm G7 has raised $45 million in its Series C round from Temasek Holdings, Tencent and Eastern Bell Venture Capital, according to multiple Chinese media reports.

June 11, 2015

[TMT Post] This Guy Developed an App That Can Literally Forecast China’s Economy...

The idea of big data is all over the world, and is gaining unprecedented popularity among countries. What exactly can big data do? Or more specifically, what benefits can it bring to the logistics industry? There’s one man who’s able to foresee the development of this particular industry and utilize the edge big data is offering. By transforming the relationship between drivers and their employers, and how they get paid, he alone changed the industry. Details do matter, by using big data, he observed the most important one and set out to improve it.

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