China Logistics News Wrapup

Tuesday, November 18, 2008 5:45
Posted in category China Logistics
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With another week of gloomy news about the global crisis, you would have thought trade were coming to a standstill, and those that facilitate it.

More than any other week though, this week has been a busy one, and perhaps we should thank the good folks in Beijing for that as Beijing to spend billions on transportation and China to invest 1 tln yuan in transportation were the headlines of the week – need to keep people employed!

the rest of the news shows a lot of movement as well across all sectors, and with many seeing volumes on the downside, I expect we will begin seeing the data in the next few weeks.

I already have heard of a truck maker whose sales are off 96%!  96%… Yikes!

Qantas expands its China flights network
Airport projects get $65b for 2 years
China to invest 30 bln yuan in civil aviation
China to become DHL’s biggest express service market
FedEx delays China hub opening
Two Chinese airlines expected to receive 3 bln yuan from government each
DHL, Air China and Pudong to crack down on cargo theft

China Shipyards — Buying Opportunities Amidst The Rubble?
S’pore-Ningbo free port deal
BHP to send fewer ships to China as ore demand falls
Commercial Ships to Travel on Solar and Wind Energy

New tunnel restores quake damaged railway in NW China
CSCP to acquire stake in China Railway Logistics
Bombardier Aims to Win China, India Orders for More Rail Cars

Expressway to link Shanghai and Jiangsu
YRC’s top shareholder backs away
Six killed by overloaded truck in south China
Kerry adds China route

Gazeley Wins coveted Green Supply Chain Award in China
CEVA recognised as best 3PL provider in China

Logistics market sees shuffle
EI buys Chinese logistic developer
Logistics investment growth slows

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