Damco, the logistics arm of the Danish shipping conglomerate AP Moller-Maersk Group, has agreed to buy the Australian global logistics company Pacific Network Global Logistics, a leading freight forwarder in China and Australia markets, for an undisclosed amount.
The Xi'an International Trade and Logistics Park will play a vital role in the modernization of China's western areas and will help close the gap with the more-developed eastern coastal regions, said Han Song, deputy mayor of Xi'an, and Party chief of the park.
Logistics costs increased in the first eight months of the year, according to a report issued by the China Federation of Logistics and Purchasing.
As bilateral trade enters a period of fast growth, integrated logistics cooperation is seen as essential to further boosting China-ASEAN trade relations.
The average net effective rent of Beijing logistics property rose to a new high of 33.20 yuan per square meter per month in the third quarter, real estate service provider Colliers said in a report on Tuesday.
The number of logistics parks has mushroomed in China over the past several years, as local authorities have been keen to build logistics centers across the country.
China's Haier Group agreed with Singapore's Global Logistic Properties on developing a state-of-the-art logistics network for the distribution of household appliances in China.
Not long after it was formed 43 years ago, DHL pioneered express delivery in the Asia-Pacific region and became the first such service to enter China.
China State Shipbuilding Corporation, one of the country's largest shipbuilding conglomerates, has set up a fully owned logistics subsidiary in Shanghai.
China State Shipbuilding Corporation, one of the country's largest shipbuilding conglomerates, has set up a fully-owned logistics subsidiary in Shanghai, according to a statement posted on the company's website.
General Logistics Systems BV announced a partnership with China's express company ZJS Express to provide a B2B parcel delivery from China to Europe.
Zhengzhou, capital of Henan provice, is marketing itself as the destination of choice for high-tech precision manufacturers of electronics products.
Dalian Automobile Logistics City is in full swing, according to a working conference of the bonded zone in Dalian, a port city in northeast China's Liaoning province, August 5, 2012.
The Donggang Modern Logistics Zone has been approved as a "Provincial Modern Service Industry Agglomeration" by the Liaoning provincial government.
The Ministry of Commerce will start implementing a modern logistics technology project this year to reduce distribution costs and expand domestic consumption.
China's logistics industry saw tempered growth in the first half this year amid the slowest economic growth experienced by the country since 2009.
China's logistics industry saw tempered growth in the first half this year amid the slowest economic growth experienced by the country since 2009, a logistics association said Saturday.
China's postal industry revenue rose 24.4 percent year-on-year to 97.34 billion yuan ($15.45 billion) during the January-June period, said the State Post Bureau of China on July 18.
China's postal industry revenue rose 24.4 percent year-on-year to 97.34 billion yuan ($15.45 billion) during the January-June period, said the State Post Bureau of China on July 18.
DHL Global Forwarding, a subsidiary of leading global logistics company Deutsche Post DHL, will set up an integrated logistics center in South China's city of Shenzhen.
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