Fulfilment specialists pave the road for indirect US e-commerce imports
Despite the low value, the tidal wave of e-commerce parcels from China to the US ...
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
YTO Express is setting up an international operation to serve cross-border e-commerce and China’s hi-tech exporters. The Shanghai-based airline said it would buy at least three widebody freighters by 2018, and is in the process of filing an application for international routes. Primarily a parcel carrier, YTO has set up branches in South Korea, Russia, Japan and Zimbabwe, and is eyeing another 18 destinations, with warehouse and transit centres, in priority markets such as Australia, Hong Kong, New Zealand and the UAE, according to China Daily.
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