Posts tagged "transportation"

3 Things to Know Before Importing into Central America

09

Feb 2015


Global Sourcing, Logistics
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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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China’s Rising Costs

31

Jul 2013


Global Sourcing, Logistics, Opportunities
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China’s Rising Costs

Companies that reevaluate their China-based manufacturing operations can remain competitive despite inflation.                                     Executives across China have been quick to mention rapidly increasing labor costs in recent years as one of their top concerns for their China operations. China’s labor costs in the urban manufacturing sector reached ¥31,000 ($4,579) per employee per year in 2010, more than doubling from just ¥12,700 ($1,5...

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New Rail Cargo Zhengzhou-Hamburg

22

Jul 2013


Global Sourcing, Logistics
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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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New High-speed Railway in China

10

Jul 2013


Global Sourcing, Logistics
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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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Tax Incentives to Logistics Industry

06

Mar 2012


Global Sourcing, Logistics
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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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Inside View on China’s Logistics

31

Jul 2011


Global Sourcing, Logistics
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Inside View on China’s Logistics

  China's expenditures on logistical services totaled 3.7 trillion yuan ($570 billion) in the first half of 2011, an increase of 18.5 percent year-on-year, statistics showed.   The spending accounted for 18 percent of the country's gross domestic product (GDP), the China Federation of Logistics and Purchasing and the China Logistics Information Center said in a report published on their websites.   The report attributed the growing spending to rising costs for raw m...

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