Post Tagged with: "China economy"

JD.com signs cold-chain logistics deal with Japan’s Yamato Holdings

JD.com signs cold-chain logistics deal with Japan’s Yamato Holdings

July 14, 2017 at 5:52 pm 0 comments

The vast size of the Chinese e-commerce market is about to join forces with the forwarding expertise of the Japanese logistics industry. Chinese e-commerce company JD.com has signed a memorandum of understanding (MOU) with Yamato Holdings, a Japanese logistics company, to build a cold-chain logistics network in China. The allianceRead More

IBM launches blockchain-based pharma logistics services in China

IBM launches blockchain-based pharma logistics services in China

April 12, 2017 at 5:55 pm 0 comments

One of the oldest computer giants, IBM, is in the logistics news again after launching a blockchain-based financial services platform for pharmaceutical procurement that the company says will increase efficiency, transparency and operation of supply-chain finance. Blockchain technology has the potential to reduce transaction costs, eliminate redundancies and increase visibilityRead More

Huawei to compete with Alibaba for cloud market

Huawei to compete with Alibaba for cloud market

April 12, 2017 at 5:46 pm 0 comments

Starting this year, Huawei will expand into public cloud services, the Chinese-technology giant announced. And while not explicitly stated, the move pits it against Alibaba, which, in turn, is rushing to catch up with Amazon.com, the global market leader. “We will invest heavily in building an open and trusted publicRead More

JD.com to build 150 drone launch facilities in China by 2020 [VIDEO]

JD.com to build 150 drone launch facilities in China by 2020 [VIDEO]

April 7, 2017 at 5:48 pm 0 comments

Chinese e-commerce heavyweight JD.com plans to build 150 drone launch facilities in southwestern Sichuan province for unmanned aerial vehicle (UAV) parcel delivery. Having secured government approval in select provinces, autonomous aerial deliveries in China are at the forefront of commercial drone innovation. JD.com has been making commercial drone deliveries inRead More

New office in Australia underscores Alibaba’s regional ambitions

New office in Australia underscores Alibaba’s regional ambitions

February 15, 2017 at 6:44 pm 0 comments

Chinese e-retailer Alibaba Group has opened a new base in Australia, with Alibaba Group executive chairman Jack Ma on hand to open the new office in Melbourne. The office will serve as headquarters for Alibaba’s operations in Australia and New Zealand. Last year, Alibaba Cloud, Alibaba Group’s cloud-computing subsidiary, openedRead More

China Eastern subsidiary, Eastern Air Logistics transferred to CEA Holdings

China Eastern subsidiary, Eastern Air Logistics transferred to CEA Holdings

February 14, 2017 at 6:46 pm 0 comments

China Eastern Airlines completed its divestiture from its freight subsidiary, Eastern Air Logistics, on February 8, 2017, according to a filing by China Eastern Airlines on the Shanghai and Hong Kong Stock Exchanges.  In January, China Eastern Airlines shareholders gave their approval to separate the airline separation from its airRead More

Asia-Pacific airlines see cargo rebound in late 2016

Asia-Pacific airlines see cargo rebound in late 2016

January 26, 2017 at 6:54 pm 0 comments

Preliminary airfreight figures for 2016 from the Association of Asia Pacific Airlines (AAPA) reaffirmed continued strength in the second half of the year, after a weak start. International air cargo freight tonne kilometers (FTKs) increased by 1.8 percent for the year, pushed up by strong second-half growth of 5.7 percent,Read More

Cathay moves forward on layoffs as economy slows

Cathay moves forward on layoffs as economy slows

January 20, 2017 at 6:55 pm 0 comments

The recent turbulence at Cathay Pacific may have implications for airfreight, as Asia’s biggest cargo carrier announces layoffs and cost-cutting actions to accommodate what it’s CEO, Ivan Chu, termed the “new normal.” Following a meeting of the carrier’s leadership, the Hong Kong-based carrier made an announcement that, “some jobs willRead More