Beginning today, 23 March, an SW Italia 747-400F operated for China-based Shentong Express (STO) will touch down regularly at Brescia Montichiari Airport (VBS), just 100km east of Milan. The new thrice-weekly cargo service connects Hong Kong International Airport (HKG) to Brescia via Baku (GYD), reportedly carrying express parcels and ChineseRead More
Post Tagged with: "Alibaba"
UPS has repurposed its classic brown delivery vans to serve not only as parcel transporters, but also as roving drone command centers. In recent tests, retrofitted vans dispatch drones loaded with packages from the roof of the vehicle. The drones travel autonomously to their drop-site, and then return to theRead More
Freight forwarding network WCA is set to collaborate with China’s Alibaba.com on cross-border e-commerce shipments in a tie-up that expands Alibaba’s international reach through an additional 6,300 logistics offices on the global roster of WCA’s small- and medium-sized enterprise (SME) members. In return, WCA forwarders gain access to the AlibabaRead More
Chinese e-Commerce giant Alibaba reported fiscal third-quarter net income up 38% to US$2.47 billion. Total revenue for the quarter (ended 31 December 2016) was up 54% to $7.67 billion, while operating income rose 66% to $2.98 billion. Operating margin was up 4 percentage points to 39%. The chart at rightRead More
Chinese e-commerce giant Alibaba entered a partnership with Maersk, the world’s largest ocean container shipping line, allowing shippers to use Alibaba’s OneTouch website to book space on Maersk vessels. OneTouch, which Alibaba acquired in 2010, targets small- and medium-sized Chinese exporters and allows them to book shipments with air freightRead More
2016 was a record year for Tmall Global, Alibaba’s online platform that enables international brands to sell directly to Chinese consumers. The number of imported product categories available on Tmall Global climbed almost 50% to 3,700, with offerings from more than 14,500 international brands from sixty-three countries. And it wasn’tRead More
Early last year, when Daniel Zhang took over as CEO of Chinese e-commerce giant Alibaba, he said the company was going to globalize, that the new goal was “Global buy and global sell.” In his view, Alibaba’s market was no longer China, but the world. But how to reach theRead More