Ecommerce boom may be opening the doors for smugglers
The Loadstar is running a series of reports on the ecommerce sector, which has been ...
GM: GAUGING RISKGXO: NEW BOT PARTNERWMT: CAPEX IN CHECKWMT: CFO ON AUTOMATION WMT: SPOTLIGHT ON AUTOMATIONHD: PRESSURE BUILDSFWRD: REVISED EBITDA MAERSK: TESTING ONE-MONTH HIGHFDX: UP UP AND AWAYRXO: COYOTE DEAL TAILWINDDSV: NEW REFI DEALR: WEAKENING AMZN: LIFESTYLE BATTLEKNIN: EXPANDED NETWORK OF CROSS-DECK FACILITIES
GM: GAUGING RISKGXO: NEW BOT PARTNERWMT: CAPEX IN CHECKWMT: CFO ON AUTOMATION WMT: SPOTLIGHT ON AUTOMATIONHD: PRESSURE BUILDSFWRD: REVISED EBITDA MAERSK: TESTING ONE-MONTH HIGHFDX: UP UP AND AWAYRXO: COYOTE DEAL TAILWINDDSV: NEW REFI DEALR: WEAKENING AMZN: LIFESTYLE BATTLEKNIN: EXPANDED NETWORK OF CROSS-DECK FACILITIES
Given the season, this may have been an ‘April fool’. But, considering it has been reported across Chinese media – China having banned April Fools’ Day in 2016 – and picked up by Reuters on 31 March, it seems it may have some truth in it: Alibaba is experimenting with reusable rockets for its delivery services.
According to the Reuters report (published at 9am GMT on Sunday, just in case it could have been April Fools’ Day somewhere in the world), the Chinese e-commerce behemoth’s online platform, Taobao, has been working with Chinese rocket-maker Space Epoch to develop reusable rockets for express deliveries, with the aim of reaching any part of the world “in an hour”.
Details are patchy, the present state of play is very much one of “early trial stages”, and, we’re still not entirely sure it isn’t a prank. Do you know?
Comment on this article