Alibaba Group will continue to crack down on counterfeit goods in a programme under the International AntiCounterfeiting Coalition (IACC), the Chinese e-commerce giant said after the coalition suspended its membership last week. Describing counterfeiting as a “complex, industry-wide” issue, the Internet giant that owns China’s biggest online shopping platform - Taobao.com - vowed to continue to work with brands, governments and industry partners in combating fakes, whether or not it was a … [Read more...] about Alibaba under pressure to crack down on fakes
e-commerce
Atlas Air to operate 20 B767-300 freighters for Amazon
Atlas Air Worldwide Holdings, Inc. announced today that it has become the latest aviation partner of e-commerce retailing giant Amazon with an agreement to operate 20 freighters on behalf of the company which will take up as much as a 30 per cent share in Atlas. Under the long-term agreements announced today Atlas will, starting in the second half of this year, operate 20 B767-300 converted freighters for Amazon on a CMI (crew, maintenance and insurance) basis by the group’s airline … [Read more...] about Atlas Air to operate 20 B767-300 freighters for Amazon
Healthy Q1 for UPS, Asia export growth offsets US softness
UPS today announced its first-quarter 2016 international operating profit increased 15 per cent to US$574 million. Total revenue was $14.4 billion, up 3.2 per cent over the same quarter last year. Revenue growth was slowed by lower fuel surcharges and currency exchange rates, the company said. On a currency-neutral basis, revenue increased 3.7 per cent. Lower fuel surcharge rates reduced revenue growth by approximately 150 basis points. "The major Asian economies are showing signs of … [Read more...] about Healthy Q1 for UPS, Asia export growth offsets US softness
Kuehne + Nagel to manage Unilever e-commerce centre
Kuehne + Nagel has been chosen by Unilever for the storage and e-commerce order fulfilment of its recently introduced tea-brewing machine launched under the premium brand of T.O by Lipton. The service scope includes warehousing and distribution services out of the fulfilment centre in Contern, Luxembourg, as well as a range of value added services. These services include customised packaging to maximise process efficiency and minimise waste. For order processing a pick-by-light system has … [Read more...] about Kuehne + Nagel to manage Unilever e-commerce centre
SingPost ups stake in Shenzhen e-commerce company
Singapore Post Limited (SingPost) has purchased an additional 17.91 per cent of the equity in eCommerce cross-border solutions provider, Shenzhen 4PX Information Technology Co. Ltd (4PX). The deal worth RMB163.16 million (US$25 million) will see SingPost, through its wholly-owned subsidiary Quantium Solutions International (QSI), increase its equity interest in 4PX from 18 per cent to 35.91 per cent. Headquartered in southern China’s Pear River Delta region, 4PX is one of China’s top … [Read more...] about SingPost ups stake in Shenzhen e-commerce company
DHL eCommerce launches new services in Thailand
DHL eCommerce, a division of global logistics company, Deutsche Post DHL Group, has expanded its operations into Thailand and is offering end-to-end domestic delivery service for Thai e-commerce merchants. With its new service, DHL eCommerce is offering a range of unique service options that caters to Thailand's burgeoning e-commerce market. "Thailand, with its tremendous growth potential, fast e-commerce adoption and high smartphone penetration rates, has been identified as the first … [Read more...] about DHL eCommerce launches new services in Thailand
