Posts tagged "logistics"

New Rail Cargo Zhengzhou-Hamburg

Responding to rising trade volumes, Zhengzhou, a business and logistic center in Central China, has started rail service to Hamburg, Germany.   The train takes 18 days to make the 10,214-kilometer trip, but that's more than twice as fast as maritime transport. It can also effectively save 80 percent of the cost compared with air shipments, and it's about $489 cheaper on average compared with road transportation, which is a major incentive for the Eurasian Land Bridge, also dubbed New ...

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5 Ways China Can Rise Its Imports

China’s growing middle class will become a strong source of purchasing power by reaching up to 630 million over the next decade. The primary objective for the Chinese government is to meet the expected demand and become a more customer-driven economy. The Chinese government restricts imports of American goods and has high tariffs on goods Chinese consumers are willing to buy. By decreasing tariffs on the imported goods China could help itself to obtain its objectives. Next will be introduced s...

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New High-speed Railway in China

New High-speed railway line linking Nanjing, Jiangsu Province with Ningbo, Zhejiang’s only deepwater port, and passing through Hangzhou, Zhejiang’s provincial capital put into operation this July. It means a faster connection was provided in Yangtze River Delta region, one of the richest regions in China.   This new high-speed railway will better integrate the region with Shanghai as a center to boost its neighbour cities. The exchange of regional and even international economic a...

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8 Steps to Supply Chain Visibility

When executed properly, supply chain visibility will come into play on a day-to-day basis. But how do logistics managers get there? Our technology correspondent shows you the way. When shippers, vendors, and customers can seamlessly pinpoint the location of any shipment at any point of a supply chain, all parties are sent into a nirvana-like state of visibility, knowing that they can keep tabs on everything from the raw materials to the final product. If your own organization hasn’t quite gott...

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Tax Incentives to Logistics Industry

According to the China Federation of Logistics and Purchasing, logistics costs accounted for 18 percent of the country’s GDP in 2010.   China’s logistics infrastructure has improved significantly during the implementation of the country’s eleventh Five-Year Plan (2006-2010).   On June 8, 2011, Premier Wen Jia Bao announced that “we must make a complete set of policies and measures, and promote the healthy development of the logistics industry.” The resulting logis...

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