Industry


CAINIAO: 700 CHARTERED FLIGHTS TO DELIVER 90 % OF CROSS-BORDER PARCELS DURING 11.11 SHOPPING FESTIVAL

CAINIAO: 700 CHARTERED FLIGHTS TO DELIVER 90 % OF CROSS-BORDER PARCELS DURING 11.11 SHOPPING FESTIVAL

22nd October 2020 –  Cainiao Smart Logistics Network, the logistics arm of Alibaba Group Holding Limited, has announced a series of initiatives to ramp up its global logistics infrastructure, in anticipation of explosive growth in e-commerce parcel volume during the upcoming 11.11 shopping festival. This year, Cainiao plans to operate over 700 chartered flights to deliver 90 % of its parcels outside China during 11.11. The smart logistics company estimates that...

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Enforcement of rules not to restrict movement of essential items

Enforcement of rules not to restrict movement of essential items

22nd October 2020 – MIRI: The enforcement of rules and regulations by certain government agencies here as well as those enforced by Brunei are not intended to restrict the delivery of essential items. According to Minister of Transport Datuk Lee Kim Shin, these rules and regulations were to ensure that the Covid-19 pandemic is well under control within each country and between countries. “In this respect, it is important...

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Guangzhou released measures to promote the high-quality development of cross-border e-commerce

Guangzhou released measures to promote the high-quality development of cross-border e-commerce

21st October 2020 – Guangzhou has historically been one of China’s leading foreign trade centres. Even in the e-commerce era, Guangzhou still retains certain trading advantages. From January to July 2020, the volume of import and export passing through the customs cross-border e-commerce management platform in Guangzhou reached RMB 20.87 billion, ranking first in the country, with a year-on-year growth of 1.83%. Guangzhou is taking steps to further improve...

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Alibaba Subsidiary Cainiao Pushes Into Malaysia With Cross-Border Delivery Service

Alibaba Subsidiary Cainiao Pushes Into Malaysia With Cross-Border Delivery Service

23rd September 2020 Cainiao, a logistics arm of Alibaba, is partnering with its domestic peer Best to launch a time-efficient delivery service between China and Malaysia, which the duo hailed as a boon for both buyers and sellers as the upcoming “Double 11” shopping extravaganza is expected to drive demand for cross-border e-commerce. The service, which incorporates customs clearance, sea freight forwarding, overseas warehousing and last-mile delivery, will shorten...

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New scheme aims to speed up trade flows in Asean

New scheme aims to speed up trade flows in Asean

21st September 2020 – Initiative lets certified exporters self-certify origin of goods, saving companies time and costs Starting yesterday, companies such as DIP Investments, which produces and exports surgical masks, will benefit from a scheme that aims to facilitate trade in Asean. They will not have to apply to the authorities for a hard-copy certificate that verifies the origin of their goods. Instead, as part of the new Asean-wide...

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NEW ONLINE PORTAL TO ASSIST IRISH BUSINESSES WITH CUSTOMS CLEARANCE DOCUMENTATION, POST-BREXIT

NEW ONLINE PORTAL TO ASSIST IRISH BUSINESSES WITH CUSTOMS CLEARANCE DOCUMENTATION, POST-BREXIT

18th September 2020 Business advisors BDO and Fexco today announced the launch of a new customs clearance service, Declaron, to assist Irish businesses in managing the substantial increase in customs clearance documentation, which will take effect from January 1st, 2021, post-Brexit.  The new online customs clearance service will provide 24/7 status updates on declarations and will help customers save time on document preparation. Records for all traded goods declared...

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WORRIED ABOUT BREXIT TRADING UNKNOWNS? HERE’S HOW ADDRESSING THE KNOWN KNOWNS CAN REALLY HELP

WORRIED ABOUT BREXIT TRADING UNKNOWNS? HERE’S HOW ADDRESSING THE KNOWN KNOWNS CAN REALLY HELP

18th September 2020 As the famous quote goes ‘there are known knowns, known unknowns and also unknown unknowns’. This very much applies to the current Brexit negotiations between the UK and the EU; we know there are red lines on both sides, though the outcomes are still unknown. What is clear to me and my company is that businesses must prepare for every eventuality, and start right now, if...

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China Focus: New customs practice boosts B2B e-commerce export

China Focus: New customs practice boosts B2B e-commerce export

in World Economy News 04/09/2020 Two months after 10 Chinese customs began an experimental supervision mode to boost B2B e-commerce export, 12 more customs were added to the pilot program on Tuesday by China’s General Administration of Customs. B2B e-commerce export refers to either direct export of goods from domestic businesses to overseas businesses by cross-border logistics based on their mutual deals over a cross-border e-commerce platform, or the export of...

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Most Asia-Pacific consumers unhappy with delivery experiences

Most Asia-Pacific consumers unhappy with delivery experiences

Only 22 per cent of Apac consumers report having product delivery experiences that meet their expectations every time, according to a new study by BluJay Solutions. The research finds that with contactless delivery options becoming more prevalent against the backdrop of the coronavirus pandemic, consumers expectations for transparent, reliable and accurate delivery information is greatly enhanced. In spite of this, deliveries often fall below expectations. “With consumers stuck at...

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Digital Freight Forwarder Shipwaves joins Maersk-IBM developed Blockchain-based TradeLens platform

Digital Freight Forwarder Shipwaves joins Maersk-IBM developed Blockchain-based TradeLens platform

Jul 21, 2020 The Mumbai-based digital freight forwarder will leverage TradeLens’ solutions to accelerate secure digitization in ocean logistics Shipwaves, an industry-leading digital freight forwarder has joined Maersk-IBM developed TradeLends platform. The association between the front-running blockchain-powered supply chain solution provider and digital freight forwarder is aimed at accelerating the digitization of the ocean logistics space, especially in India and the Middle-East. Having recently allowed shipping bill of lading to be...

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