Alibaba’s logistics arm Cainiao launched its container booking service for air and sea freight last week, in response to the global container shortage that had driven up shipping costs to record highs. Cainiao said the service spans over 200 ports in 50 countries, and it would offer 30-40 percent lower cross-border port-to-port shipping fees against the average market rate. The service will cover Chinese ports in Beijing, Shanghai, Guangzhou, Shenzhen, Tianjin, Hangzhou, and Yiwu. A … [Read more...] about Alibaba’s Cainiao launches cargo container booking service