Ecommerce boom may be opening the doors for smugglers
The Loadstar is running a series of reports on the ecommerce sector, which has been ...
The noise surrounding Amazon may ring louder, but China’s Alibaba is in many ways mirroring its North American competitor. The e-tail giant has just announced a near-$700m investment in Shanghai-headquartered STO Express. The agreement marks Alibaba’s fourth express courier investment, with minority stakes now held in YTO, ZTO, and Best, according to The South China Morning Post. This 15% stake in STO comes amidst a crucial period for China, with its logistics sector seen as a key growth corridor.
'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