The rapid growth of the e-commerce sector in China has triggered demand for quality logistics space, with demand often outstripping supply.
China's logistics sector saw improved delivery demand and more investment amid the stabilization of the country's economic growth.
Chinese courier companies say they are looking at further expansion into air services as competition heats up in the local cargo sector, particularly from domestic airlines.
The total value of goods carried by China's logistics industry grew by 9.6 percent year-on-year to reach 146.4 trillion yuan in the first 10 months this year.
The total value of goods carried by China's logistics industry grew by 9.6 percent year-on-year to reach 146.4 trillion yuan in the first 10 months this year.
China Investment Corporation, the country’s sovereign wealth fund, has participated in a purchase, which will build the largest logistics platform in Brazil.
Li & Fung Group Limited expected profit growth in the second half of 2012 to be better than the first half, forecasting 2013 to be even better than this year.
Hong Kong Financial Secretary John Tsang Chun-wah said that cooperation should be enhanced in the logistics industry between Hong Kong and the mainland.
Wang is a delivery guy who works for China Post in Yinchuan city, Ningxia Hui autonomous region. His workload was increased significantly on Nov 11 since the online retailers did promotions and made the day 'online shopping festival'.
China Ocean Shipping (Group) Co and China Cargo Airlines Ltd plan to sell a combined 30.7 percent of stock rights in Shanghai Eastern Logistics Co Ltd.
More than 2 billion yuan was spent in the first 70 minutes of a 24-hour shopping bonanza at China's largest B2C online purchase website Saturday.
Express delivery firms say they are poised to handle record levels of business, on the back of an upcoming day that has become a shopping phenomenon in China.
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