Ecommerce boom may be opening the doors for smugglers
The Loadstar is running a series of reports on the ecommerce sector, which has been ...
It has happened. Alibaba, Jack Ma’s Chinese e-commerce site, has become the world’s biggest retailer, leaving Wal-Mart in its wake. Not just significant because a Chinese retailer has overtaken a US one, but also because online has overtaken offline. It was a fairly close run thing though, Alibaba still had 10 days of trading left to announce. Its year ends March 31, but by March 21, gross merchandise volumes were more than $475.89bn, compared with Wal-Mart’s $482.1bn in revenue in its year ending January 31. And it doesn’t sound as if Alibaba is resting on its laurels. The statement that it wants to sell to 2bn consumers by 2024 must be unprecedented.
'I'm scared', says Boeing whistleblower, after two others suffer mysterious deaths
DSV could face $16m bill after helicopter is written off in haulage accident
Déjà vu as major ocean carriers scramble for tonnage and containers
Indian trade disrupted as port congestion forces liner services to skip calls
Shipper frustration as spot rates rise alongside demand, and cargo is rolled
Don't get too confident for Q2, market risks haven't disappeared, warns Yang Ming chief
Flexport's newly liveried aircraft ready as business looks up
Don't chase that final dollar, warning to shippers delaying signing new contracts
Comment on this article