China Logistics News Wrapup: February 25, 2009
Wednesday, February 25, 2009 7:16
China to add logistics to industry plan
ICBC increase in loans especially for logistics
China nears deflation trap as rail freight collapses
More after the break
Logistics
Nike says to build logistics centre in China
Suning to Build Logistics Bases, May Enter B2C Market
Air
Air China blames fuel hedges for 2008 loss, looks to diversify
FEDEX CHINA PRICE CUTS IGNITE PANIC AMONG LOCAL PLAYERS
DHL Express’s China JV nears partnership with APEX
Shenzhen Airlines posts RMB 26 mln in profit for 2008
Shenzhen Airport OK to Build Bonded Logistics Center
John Bean gets ground support order from China Southern Airlines
Airline seeks CIO
Water
Ocean cargo/global logistics: China’s cautionary tale for U.S. Seaports?
China box ports plagued by overcapacity
Lianyungang Grows Fast on Port Construction
Yangtze river ports see signs of recovery in cargo, container
China Ports: Overcapacity on the horizon?
China to restrict new shipbuilders
Lull in shipping till China finalises ore rates
Road
TNT Launches Domestic Day-Definite Road Service In China
China’s artificially induced snow closes 12 highways
Rail
Bullet trains take over express route to Beijing
MOR to buy electric engines
Shanghai West Railway Station goes west to expand
New bullet trains cutting Shanghai to Beijing trip to 10 hours
MOR to buy electric engines
China begins construction of Chengdu-Lanzhou Railway
Technology
Bertelsmann enters China’s logistics market
Other
Postal remittance services between Taiwan and China to begin Feb. 26
