Ecommerce boom may be opening the doors for smugglers
The Loadstar is running a series of reports on the ecommerce sector, which has been ...
So Amazon has failed at something: it has pulled out of China, a market sewn-up by its rivals, reports Reuters. It says it will close its Chinese online store by July, ending services on amazon.cn. Shoppers in China will no longer be able to buy goods from domestic third-party sellers, but can still order globally via Amazon’s other platforms. Amazon purchased Chinese online site Joyo in 2004 for $75m, but with Alibaba’s Tmall and Jd.com controlling 82% of the market, Amazon failed to gain traction.
'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
FAK rate hikes holding, with strong demand into peak season predicted
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
Comment on this article