The supply of land is the greatest challenge facing logistics property developers in China as they struggle to match supply of modern warehousing facilities to the demand being generated by a rapidly increasing consumer market.
DHL Supply Chain will expand its warehousing and transport capabilities in China by 50 percent over the next three years, investing $140 million in modern logistics facilities across the country to address huge demand for services from inland cities.
Fresh from a dismal third quarter, freight forwarding and logistics provider Damco is expanding its multimodal presence in China’s electronics manufacturing hub of Zhengzhou.
There is still no end in sight to the port of Manila congestion more than six months after an ill-considered truck ban quickly began to see containers stacking up at the two main terminals in the Philippine capital.
Yusen Logistics has opened a new warehouse in Vietnam’s Hai Phong City to tap growing electronics and auto manufacturing production in the country’s northern region.
Two global logistics companies will set up shop in the Goodman Group’s newly-constructed Xiqing Logistics Park in Tianjin, reflecting the demand for modern warehousing to serve booming Chinese e-commerce business.
When Bradley S. Jacobs thinks about technology and the future of transportation, he thinks big. The CEO of XPO Logistics believes autonomous driverless trucks and three-dimensional printing will change the way goods are produced and shipped within the next few decades, utterly changing global supply chains.
Transplace is deploying technology that helps shippers get goods across the U.S.-Mexican border more quickly, cutting truck transit times by improving the customs process.
China’s e-commerce business catches the headlines because of the sheer scale of internet shopping in the country, but the growing trend towards ordering goods online is seeing huge investment in infrastructure and technology being made outside its borders, both in Asia and in the U.S.
The strong rebound of trans-Pacific trade will ensure the air cargo industry enjoys a happy festive season this year, but few are prepared to forecast the robust growth will continue much past Chinese New Year.