Poczta Polska signs strategic deal with Chinese giant

State-owned postal services provider Poczta Polska has signed a strategic cooperation deal with Chinese delivery firm STO Express for logistics, parcel storage, packaging and delivery in Europe and Asia, Poczta Polska said. "Poczta Polska want to tap into the Silk Road. Cross-border trade is the future of logistics and we have the potential and the perfect location to take advantage of this opportunity," said Wiesław Włodek, CEO of Poczta Polska. "The company, along with several other operators from China, Thailand, Japan, Germany, France and others were signatories of the declaration of Chongqing. Its aim is to create favorable opportunities for cross-border trade. The agreement was also signed by the giants of online trade, for example Chinese's Alibaba." STO Express handles 14 billion parcels a year.