Baidu and a Japanese e-commerce operator called Rakuten plan to establish China's largest online mall in Beijing's Tongzhou district to capitalise on China's growing online trade.
DHL expects airfreight demand from Asia to pick up this year with China leading the demand. Global imbalance of supply and demand will continue into Q2 and Q3, so capacity is likely to stay tight.
Foreigners who invest in South Korea will get more cash support from the government starting next year. Currently, the country provides around 15 billion won in cash support for foreign investments annually.
China’s export orders fell 19% at the opening session of the nation’s biggest trade fair from the same period in 2008, before the global financial crisis deepened.
SIXTY-NINE per cent of those polled by London's International Freighting Weekly said more carriers are likely to follow Japan Airlines' (JAL) decision to scrap their freighter fleets and restrict cargo to passenger bellyholds.
China has decided to impose anti-dumping tariffs on Nylon 6, or polycaprolactam, imported from the United States, the European Union, Russia and the Taiwan region.
Hapag-Lloyd will implement a general rate increase for cargo moving on its services from the Indian Subcontinent and Southeast Asia to New Zealand. Effective May 1, the planned increase will be US$300 (NZ$421) per 20-foot equivalent unit.
Germany’s annual investment in renewable energy will be doubled to 28 billion euros (NZ$52.7 billion) by 2020, and the industry will become a main creator of jobs and an investment growth point.
A total of 111 projects valued at more than $14 billion have been cancelled in the UAE and $350 billion of civil construction projects have been put on hold due to the recession.
Organisers said 70% of Expo pavilions and facilities participated in Tuesday's trial opening. Security checks at the entrances had to be canceled to disperse the long lines of visitors, who might otherwise have had to wait hours to pass through X-ray scans of their hand luggage.
Sales of smart tags and labels such as radio frequency identification (RFID) devices will experience the fastest gains among food safety products, driven by their ability to providing traceability throughout the food supply chain, according to Foodproductiondaily.com.
The biggest or best fairs may not be the right one for your products. Lots of preparation and groundwork prior to attending a fair help make a success of the trip, our writer says.
