Forwarders predict fall in airfreight rates as ecommerce eyes sea freight
Forwarders are warning that although the airfreight market currently seems stable, conditions could change very ...
© Timon Schneider
Cainiao, the logistics arm of Chinese e-commerce group Alibaba, is to open more logistics centres in Malaysia, Europe and Hong Kong to improve services to shoppers, as well as working with cargo terminals on larger cargo.
At the Cainiao Open Week forum last week, CEO Wan Lin said: “After so many years, the whole logistics business, including express deliveries, have matured.”
Cainiao ships more than four million parcels a day from China, ten-fold growth on 2014, but still lagging behind other e-commerce ...
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