Indian importers face freight rate hike shock out of Asia
Indian importers relying on Asia-made goods, particularly out of China, are facing another round of ...
BA: WIND OF CHANGEMAERSK: BULLISH CALLXPO: HEDGE FUNDS ENGINEF: CHOPPING BOARDWTC: NEW RECORDZIM: BALANCE SHEET IN CHECKZIM: SURGING TGT: INVENTORY WATCHTGT: BIG EARNINGS MISSWMT: GENERAL MERCHANDISEWMT: AUTOMATIONWMT: MARGINS AND INVENTORYWMT: ECOMM LOSSESWMT: ECOMM BOOMWMT: RESILIENCEWMT: INVENTORY WATCH
BA: WIND OF CHANGEMAERSK: BULLISH CALLXPO: HEDGE FUNDS ENGINEF: CHOPPING BOARDWTC: NEW RECORDZIM: BALANCE SHEET IN CHECKZIM: SURGING TGT: INVENTORY WATCHTGT: BIG EARNINGS MISSWMT: GENERAL MERCHANDISEWMT: AUTOMATIONWMT: MARGINS AND INVENTORYWMT: ECOMM LOSSESWMT: ECOMM BOOMWMT: RESILIENCEWMT: INVENTORY WATCH
CMA CGM has followed Maersk’s lead, signing a memorandum of understanding (MoU) with the world’s largest e-commerce platform Alibaba.
The agreement is for container space on its Asia-Mediterranean and Asia-Adriatic services, booked via Alibaba’s OneTouch platform.
The service will allow Chinese exporters to bypass freight forwarders.
Customers can use OneTouch to book space on CMA CGM’s MEX 1 service, which connects the Chinese export gateways of Qingdao, Shanghai, Ningbo and Yantian with the Med gateways of Barcelona and Valencia and CMA CGM’s transhipment hub at Malta.
It also connects the Asia-Bosporus BEX service to Shanghai, Ningbo and Chiwan with the Adriatic gateways of Rijeka, Koper, Trieste and Venice.
OneTouch also offers import and export services such as customs clearance and logistics, as well as air freight and express booking.
The development could well add renewed fuel to the debate about the digitisation of shipping and the potential threat of e-commerce platforms to traditional freight service providers.
“For CMA CGM, it is one step ahead to create added value to its customers and to make the industry meet the digital world,” a statement from the line said.
Comment on this article
Sarah
February 27, 2017 at 4:01 pmDigitisation of shipping is already happening, and all freight fulfillment services providers should keep up if they want to stay in business.