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Chinese truckers demonstrate over high fuel costs, truck-hailing app Manbang
Reuters ^ | June 12, 2018 / 3:38 AM | Adam Jourdan and Pei Li

Posted on 09/12/2018 10:34:15 PM PDT by Zhang Fei

SHANGHAI/BEIJING, June 12 (Reuters) - Chinese truck drivers are demonstrating against higher fuel costs and the dominance of local truck hire platform Manbang which they said is squeezing incomes, a potential headache for the firm backed by SoftBank Group Corp and Alphabet Inc.

Since late last week, demonstrations by truck drivers have been seen in over a dozen locations around China, according to Hong Kong-based China Labour Bulletin, which tracks labour action in mainland China. On social media, photos and videos circulated showing long lines of parked trucks adorned with banners.

The demonstrations come as oil prices hit their highest level since 2014 in recent weeks, scraping $80 per barrel and stoking cost increases for businesses and consumers, especially in large oil-importing nations such as China.

The truck drivers also cited a squeeze on haulage rates due to the dominance of Manbang, formally known as Full Truck Alliance Group. Manbang raised $1.9 billion in April from Japan’s Softbank and Alphabet’s venture capital fund CapitalG.

The firm is often described as China’s “Uber for trucks”, in reference to U.S. ride-hailing firm Uber Technologies Inc . It runs an app that allows companies to connect with truck drivers - often independent contractors - tapping into demand for haulage in one of the world’s busiest markets for goods transport.

China Labour Bulletin said that earlier in June, Manbang implemented a policy to prevent registered truck drivers and customers from contacting each other directly, to ensure transactions and haulage rates were set only via the app.

Manbang, formed in a merger of haulage platforms Yun Man Man and Huo Che Bang, did not respond to requests for comment. The firm in April said 5.2 million of China’s 7 million freight trucks were members of the Full Truck Alliance Group.

(Excerpt) Read more at reuters.com ...


TOPICS: Business/Economy; Extended News; Foreign Affairs; News/Current Events
KEYWORDS: china; google; manbang; monopoly; trucking; uber
Uber equivalent for truck shipments gets Chinese truckers riled up.
1 posted on 09/12/2018 10:34:15 PM PDT by Zhang Fei
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To: Zhang Fei

“Uber for trucks”

Wow. That’s ‘disuptive’ alright.


2 posted on 09/12/2018 10:43:04 PM PDT by mrsmith (Dumb sluts: Lifeblood of the Media, Backbone of the Democrat/RINO Party!)
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To: Zhang Fei

” The demonstrations come as oil prices hit their highest level since 2014 in recent weeks, scraping $80 per barrel and stoking cost increases for businesses and consumers, especially in large oil-importing nations such as China. “

Ha!.... Wait until they see what “Ice Road Truckers.... Jamie and the Rotator charge to get them back on track, on the Highway thru Hell!.


3 posted on 09/12/2018 10:45:52 PM PDT by EnglishOnly (Fight all out to win OR get out now. .)
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To: Zhang Fei

” The demonstrations come as oil prices hit their highest level since 2014 in recent weeks, scraping $80 per barrel and stoking cost increases for businesses and consumers, especially in large oil-importing nations such as China. “

Ha!.... Wait until they see what “Ice Road Truckers.... Jamie and the Rotator charge to get them back on track, on the Highway thru Hell!.


4 posted on 09/12/2018 10:45:52 PM PDT by EnglishOnly (Fight all out to win OR get out now. .)
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To: Zhang Fei

” The demonstrations come as oil prices hit their highest level since 2014 in recent weeks, scraping $80 per barrel and stoking cost increases for businesses and consumers, especially in large oil-importing nations such as China. “

Ha!.... Wait until they see what “Ice Road Truckers.... Jamie and the Rotator charge to get them back on track, on the Highway thru Hell!.


5 posted on 09/12/2018 10:45:52 PM PDT by EnglishOnly (Fight all out to win OR get out now. .)
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To: Zhang Fei

” The demonstrations come as oil prices hit their highest level since 2014 in recent weeks, scraping $80 per barrel and stoking cost increases for businesses and consumers, especially in large oil-importing nations such as China. “

Ha!.... Wait until they see what “Ice Road Truckers.... Jamie and the Rotator charge to get them back on track, on the Highway thru Hell!.


6 posted on 09/12/2018 10:45:52 PM PDT by EnglishOnly (Fight all out to win OR get out now. .)
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To: Zhang Fei

” The demonstrations come as oil prices hit their highest level since 2014 in recent weeks, scraping $80 per barrel and stoking cost increases for businesses and consumers, especially in large oil-importing nations such as China. “

Ha!.... Wait until they see what “Ice Road Truckers.... Jamie and the Rotator charge to get them back on track, on the Highway thru Hell!.


7 posted on 09/12/2018 10:45:52 PM PDT by EnglishOnly (Fight all out to win OR get out now. .)
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To: EnglishOnly

[Ha!.... Wait until they see what “Ice Road Truckers.... Jamie and the Rotator charge to get them back on track, on the Highway thru Hell!.]


I gotta figure it’s a lot tougher for truckers in China. For one thing, toll roads are the rule rather than the exception for highways there.


8 posted on 09/12/2018 10:55:59 PM PDT by Zhang Fei (They can have my pitbull when they pry his cold dead jaws off my ass.)
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To: Zhang Fei

“Manbang”?

For a minute there I thought they were talking about Cardinal McCarrick!


9 posted on 09/12/2018 11:06:19 PM PDT by Jeff Chandler (Every time a lefty cries "racism", a Trump voter gets his wings.)
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To: Zhang Fei

I came for the “Manbang” jokes. disappointed there are none...


10 posted on 09/12/2018 11:06:53 PM PDT by Wayne07
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To: Wayne07
"For a minute there I thought they were talking about Cardinal McCarrick!"

Phew, faith restored.

11 posted on 09/12/2018 11:08:51 PM PDT by Wayne07
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To: mrsmith
Manbang which they said is squeezing incomes, a potential headache for the firm backed by SoftBank Group Corp and Alphabet Inc.M.

Whoa there.

</sacasm>

Alphabet Inc is Google.

12 posted on 09/12/2018 11:10:55 PM PDT by Jeff Chandler (Every time a lefty cries "racism", a Trump voter gets his wings.)
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To: Wayne07

[I came for the “Manbang” jokes. disappointed there are none...]


I cannot tell a lie. I had a choice of articles on this subject. I chose the one with the most eye-catching headline.


13 posted on 09/12/2018 11:17:29 PM PDT by Zhang Fei (They can have my pitbull when they pry his cold dead jaws off my ass.)
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To: Jeff Chandler

Softbank also owns Sprint.


14 posted on 09/12/2018 11:18:43 PM PDT by Zhang Fei (They can have my pitbull when they pry his cold dead jaws off my ass.)
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To: Zhang Fei
The Huo Che Bang trucking company did not respond to requests for comment.


15 posted on 09/12/2018 11:45:16 PM PDT by spokeshave2 (Trump’s building an underground railroad - a way off the plantation to freedom, jobs, and dignity)
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To: spokeshave2

Just damn. Surprisingly not only non-fatal, but also less serious than you’d think:

https://www.kxan.com/news/video-motorcycle-crashes-into-truck-bursts-into-flames/994820996
[The motorcyclist collided with the truck’s fuel tank, immediately causing both vehicle to be engulfed in flames.

Several people ran to help the motorcyclist and doctors say he suffered non-life threatening injuries.]


16 posted on 09/13/2018 12:21:40 AM PDT by Zhang Fei (They can have my pitbull when they pry his cold dead jaws off my ass.)
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To: Zhang Fei

Manbang sounds like a gay dating site.


17 posted on 09/13/2018 2:13:09 AM PDT by Cowboy Bob ("Other People's Money" = The life blood of Liberalism)
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To: Zhang Fei; All
From what I see the Article fails to quote the price of Truck fuel in China. Looked up Diesel in China is 6.76 Chinese Renminbi per liter. That's 0.99 US dollars per liter or $3.78 per US Gallon.

It's $3.179 here for comparison.

I checked in Denmark is about $6.54 per US Gallon.

18 posted on 09/13/2018 2:27:45 AM PDT by CptnObvious (Question her now.)
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To: Zhang Fei

Manbang???


19 posted on 09/13/2018 2:50:34 AM PDT by bgill (CDC site, "We don't know how people are infected with Ebola.")
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To: Wayne07

His app is called BoyBang


20 posted on 09/13/2018 8:52:02 AM PDT by LesbianThespianGymnasticMidget (TRUMP TRAIN !!! Get the hell out of the way if you are not on yet because we don't stop for idiots)
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