Global integrator DHL and JD.com, China's largest online direct sales company, have signed an agreement to cooperate on a range of cross-border supply chain initiatives driven by the mainland’s fast growing e-commerce market.
31 Dec 2015
China’s Ningbo-Zhoushan Port, the fifth-largest in the world and third-busiest in China, lifted 20 million 20-foot-equivalent units for the first time in its history, joining an elite club of four other ports that have passed that milestone.
30 Dec 2015
China approved the merger of China Merchants Group and Sinotrans & CSC as it continues to restructure its state-owned sector and create companies that can compete internationally.
28 Dec 2015
China’s Ministry of Transport has fined eight international container lines a total of $169,000 for failing to meet the freight rate guidelines set by the ministry.
23 Dec 2015
The Shanghai Stock Exchange has given the listed entities of Cosco and China Shipping just two days to respond to a host of clarifications on how risk in the bulk and container sectors and threats to profitability will be managed in the massive restructuring process that was announced earlier this month.
22 Dec 2015
The impact of China’s decision to create Emission Control Areas to combat air pollution will be cushioned by low fuel prices and its focus on compliance while at berth rather than sea until 2019.
22 Dec 2015
Strong demand for quality logistics facilities in China has seen Goodman Group and Canada Pension Plan Investment Board (CPPIB) increasing their equity in a China partnership by $1.25 billion.
22 Dec 2015
Throughput at China’s top 20 container ports rose 4 percent in the first 11 months of the year compared to 2014 as most of the mainland terminals continue to grow volumes despite slowing trade putting the brakes on exports.
13 Dec 2015
China Shipping Container Lines will exit the container trade under the merged and reorganized China Cosco Shipping Group, a move that raises questions on the carrier’s continued participation in the O3 Alliance it shares with CMA CGM and UASC.
11 Dec 2015
China is introducing new rules to curb emissions from ships in its three major port areas.
10 Dec 2015
The long-expected merger of Cosco and China Shipping has received the green light from the State Council, China’s media is reporting.