The last four 747-8 freighters to roll off Boeing’s production line this year are going to all-cargo operator Atlas Air, which announced Thursday the first one recently received will be […]
Think of Cainiao as the Amazon logistics of China. It’s spreading its wings in Latin America.
Atlas Air has a huge freighter fleet to help take advantage of shipper interest in air transport and is adding more planes this year.
Cainiao is becoming a bigger logistics giant than Amazon in cross-border trade.
Amazon-backed EV maker Rivian makes big news with a public stock offer and beating its rivals to market with the first-ever electric pickup, the R1T.
Electric-vehicle maker Rivian is said to be looking for as much as $8 billion from its upcoming IPO, which would make it the fourth-largest U.S. IPO in the past 10 years.
Chinese ride-hailing company Didi has filed for an IPO on the New York Stock Exchange, but some analysts are already questioning the long-term value of the stock.
Cainiao, which means newcomer or beginner in Chinese, is the 8-year-old logistics unit of Alibaba. Besides providing express delivery for packages ordered through Alibaba, it is offering end-to-end logistics services to other companies.
PayPal reported its “strongest first-quarter results” in company history on Wednesday, posting $6.03 billion in revenue and a 46% increase in total payment volume.
You may not have heard of Cainiao, but you know parent company Alibaba is the Amazon of China. Cainiao is powering Alibaba’s logistics and recently arranged air transport from Singapore to duty-free shops in China.
The Baidu Apollo fleet consists of 500 vehicles, with open-road tests conducted in 30 cities around the world. The company’s Robotaxi service has carried 210,000 passengers and is available in Beijing, Changsha and Cangzhou, with plans to move into 30 more cities over the next three years.
The company can deliver over 90% of its orders same or next day, and has access to 99% of the population.
Call Cainiao the Amazon Logistics of China. When most of China normally takes a break for the Lunar New Year, Cainiao will still be delivering packages to Hong Kong this year.
In today’s edition of The Daily Dash, the Teamsters have asked a judge to delay oral arguments in a lawsuit challenging California’s meal and rest break rules. Plus, Alibaba is expanding its third-party logistics footprint and it has repercussions for Amazon, and Daimler Trucks launches a new division dedicated to connectivity.
Alibaba is a massive online shopping platform, but it also wants to be a dominant logistics provider around the world. It now covers Japan.
Alibaba is challenging Amazon on many fronts, including logistics. It’s now handling import/export operations in South Korea.
Push to capture small-business share of the B2B e-commerce market continues for Chinese giant.
Alibaba is taking on Amazon around the world. Its latest move is in South America, with a new dedicated air service to speed up shipments.
Online sales depend heavily on a robust industrial real estate infrastructure.
China’s e-commerce giant leads the pack in pursuing potential gold mine.
JD.com gets controlling stake in Chinese express transport firm Kuayue Express.
Alibaba.com has introduced three new services – a freight matching platform, financial services for small and medium-sized businesses, and virtual events connecting businesses with buyers.
Misdeclared cargo is a big problem for air carriers when it comes to dangerous goods like lithium batteries. Regulators are too complacent when it comes to enforcement, airfreight industry groups claim.
Brian Aoaeh writes about the challenges and opportunities of logistics in Africa – and what will likely occur in the next few years.
Aramco’s breakeven cost is below $10 per barrel; Alibaba registers $1 billion in sales in 1:08 minutes on Singles Day; Chinese pork imports at an all time high.
The Chinese giant now owns 63% equity in Cainiao.
Global e-commerce continues to grow, and grow, and grow. Market voice Brian Aoaeh writes about the move of e-commerce giants to establish their own fulfillment services.
U.S. drug import plan would tax Canadian medication supplies, which already face shortages.
Shale oil wells in the Permian basin were underreported by 20 percent; U.S. FDI flows reduce; UPS pursues drone delivery services
Mostly ignored in the B2C rush, small business in the B2B realm are getting a seat at the e-commerce table.
Alibaba re-arranges the US B2B e-commerce landscape by opening its platform to US sellers
Although some Chinese economic indicators are flashing warning signals, Yunda, STO, YTO, and ZTO are still on fire.
Uber and Lyft want to soak up mass transit business but at whose peril? USPS is painting itself into a corner as it loses last-mile business of its key customers
DHL, FedEx and UPS have dominated the global express market for years but recently, China’s express providers (including YTO Express, STO Express and SF Express) have been nipping at the […]
Volvo has started testing connected vehicle technology in California, plus Michigan governor pitches fuel tax hike, California legislator wants to phase out diesel engines and Alibaba buys into delivery company.
Chinese e-commerce newcomer Pinduoduo (NASDAQ: PDD) seeks to finance an operational expansion by raising $1 billion. The company’s filing with the SEC said that it plans to sell 37 million shares to raise necessary capital.
Luxury brands have been closing up shop in China recently, according to the South China Morning Post (SCMP). The phenomenon of building brick-and-mortar stores that “originated in China,” has now reversed itself, as more retail stores are closing up shop and moving online.
Reigning supreme against the current industry leader must have felt sweet. Alibaba’s market value has officially outpaced Amazon, Yicai Global reports.
A surprise national brake safety inspection day on May 3 netted nearly 12% of commercial vehicles inspected with brake violations, the Commercial Vehicle Safety Alliance announced this week.
