Despite the challenges, the freight forwarding market seems to be headed for a rebound in the medium term due to positive indicators in global trade amidst the pandemic, according to an analysis by Transport Intelligence. The report pointed to IMF forecasts saying global trade levels are now projected to reach pre-pandemic levels in 2021 as consumer demand has remained strong throughout the pandemic. Whilst restrictions and lockdowns have decimated the services industry, the report … [Read more...] about Freight forwarding tipped to rebound despite headwinds
cross-border e-commerce
Alibaba’s Cainiao to boost air charter operation ahead of Double 11
Alibaba is ramping up for deliveries and the company’s logistics arm Cainiao Network has lined up initiatives for the upcoming 11.11 (Double Eleven) shopping event. Cainiao plans to operate over 700 airfreight charter flights to deliver 90 percent of e-commerce parcels outside China during 11.11. It estimates that more than half of these cross-border parcels will see a 60 percent reduction in delivery time due to its “smart order consolidation.” “Customers in key European cities, such as … [Read more...] about Alibaba’s Cainiao to boost air charter operation ahead of Double 11
Alibaba eyes e-commerce growth in South America with Atlas Air service
Alibaba’s logistics arm Cainiao Network announced a charter deal with Atlas Air as the company looks to drive e-commerce shipments to South America. The partnership will see Atlas Air operate three weekly charter flights linking China, Brazil and Chile as Alibaba looks to bank on the growth of cross-border trade between China and Latin America. Cainiao said that its parcel volume to South America reached over eight million packages in the third quarter of 2020, double the number … [Read more...] about Alibaba eyes e-commerce growth in South America with Atlas Air service
Cainiao knows BEST: Delivery times between Malaysia and China slashed ahead of Double 11
Cainiao Network, the logistics arm of Alibaba, announced a partnership with BEST Inc. (BEST), an integrated smart supply chain solutions and logistics services provider from China, to launch an end-to-end logistics service between Malaysia and China to shorten delivery time for cross-border e-Commerce parcels and improve overall customer experience. Cross-border sea freight shipping duration will be reduced to as fast as six days after departing China, and thereafter customers can receive … [Read more...] about Cainiao knows BEST: Delivery times between Malaysia and China slashed ahead of Double 11
FedEx enhances e-commerce export services in Xiamen and Guangzhou
FedEx Express (FedEx) has upgraded its cross-border e-commerce export services in Guangzhou and Xiamen, part of the B2B export supervision pilot programme implemented by Chinese customs. FedEx customers in its Guangzhou and Xiamen gateways can register and system-dock at their local customs offices and take advantage of simplified declaration process, priority inspection and seamless returns account management. This means customers can now export in batches and no longer need to pack … [Read more...] about FedEx enhances e-commerce export services in Xiamen and Guangzhou
DHL eCommerce opens new distribution center in Delhi
DHL eCommerce, a division of Deutsche Post DHL Group (DPDHL Group), will create new opportunities in cross border e-commerce for India's e-tailers through the opening of its new Distribution Center in Delhi. This investment is part of the recent announcement that DPDHL Group will invest over EUR250 million in India by 2020. "India is one of the top ten e-commerce markets and the fastest-growing globally with e-commerce expected to grow at a CAGR of 31% to reach EUR2 billion by … [Read more...] about DHL eCommerce opens new distribution center in Delhi