Logistics

THE NEW SUEZ CANAL

Today we will talk about one of the oldest canals in the world and the very important port in the logistic world: Suez Canal. Located in Egypt and opened on 17 November 1869, it allows ships to travel between Europe and South Asia without navigating around Africa thereby reducing the sea voyage distance between Europe and India by about 7,000 kilometres (4,300 mi). Happy reading! Suez Canal   Egyptian President Abdel-Fattah al-Sisi officially opened on Thursday afternoon the "New...

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NINGBO PORT VISIT

The first thing that comes out from people's mind when they hear about Ningbo is 'Seaport'. Since more than thousand years ago, Ningbo has been known as one of China's major ports for foreign trade, and today I'm excited to share with you about my colleague's visit to Ningbo Port. Before I get started, let me be clear to you. Ningbo Port is not only used to mention the port of Ningbo, but also is a name of the company who manage the port: Ningbo Port Group Co., Ltd. So, last week my ...

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3 Things to Know Before Importing into Central America

Mercatrade recently wrote about the issues what you should know before importing into Central America. As a lot of you readers are currently or have been planning on importing to Central America, also we in want to address these important issues out to you. Next, I will point out the most important areas that were discussed.   1. Strong and Growing Economies   A number of growing industries in the region are transforming the economies of Central American countries. Banking, touris...

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The Chinese Freight Forwarders Scam

In the last few years we've witnessed a sharp rise in the frauds made by scammers in the freight forwarding industry in China. These frauds are done by small international freight forwarding companies in China with the focus of sea freight shipments - EX China main Sea ports.   These companies often contact importers around the world through targeted E-mail marketing campaigns, Advertisments in B2B websites and other online platforms, and they offer really low rates for sea freight operat...

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Your China shipment got delayed? Again?

When you live to make your customers happy, nothing can be more harrowing than trying to make up for a delayed shipment. In most cases, your product — developed, marketed and produced with such care — is already out of your hands before you’re aware a delay has occurred. The disappointment of your package arriving late can put a serious dent in your customer’s satisfaction, no matter how much he or she loves your product.   Unfortunately, delays in shipment are not uncommon, but p...

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DHL Doubling its Investment in China

DHL Supply Chain, the world's largest contract logistics service provider, is investing another 113 million euros ($141 million) in China to further develop its business, after enjoying steady double-digit growth.   The 113 Million Euro Investment   The new investment, added to an injection of 105 million euros in 2013, brings its total commitment in the country to 218 million euros, making China one of its most important country globally.   Oscar de Bok, chief executive of...

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New shipping opportunities

Senior government officials from Japan and Norway believe that developing environmental solutions is set to be a new growth area for the marine and shipping industries. In a message to the opening ceremony of Sea Japan 2014 in Tokyo on Wednesday, Japan’s Prime Minister Shinzo Abe, said he had high hopes that the marine resource management market would become a new growth area. Other Japanese government officials underscored the view that the green revolution in shipping provided business...

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Supply Chain Key to Success in China

It’s no secret that China’s domestic consumption is rising rapidly. Chinese consumers are buying more of everything (from apparel and white goods to luxury items and home ware) and as they buy more, from more channels, including online, at single brand stores and from large specialty chains, domestic and foreign owned companies have to re-asses their supply chain infrastructure in China for both selling and making goods. Supply Chain in China was once an afterthought or was only thought o...

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Things To Know About The TPP

The three-year-old Trans-Pacific Partnership talks, now involving 12 nations, are aimed at lowering trade barriers across a wide range of sectors in 12 Pacific Rim counties that would stretch from U.S. to New Zealand and from Japan to Chile. TPP, arguably the most important trade agreement in a generation, emerged following nearly a decade of disappointment in trade talks. The World Trade Organization’s Doha Development Round of talks first collapsed in 2003 and effectively died with th...

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Chinese shopping ’till they drop…online

Add one more fact about China's burgeoning economy to the shopping cart. The e-commerce market in the world's most populous country is expected to leapfrog that of the United States this year to become the world's largest by total customer spending, management consultancy firm Bain & Company says. And online spending could account for half of all Chinese retail spending within a decade, according to Chinese e-commerce firm Alibaba Group. The change in shopping habits comes as almost hal...

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