Singapore-based Shopee has replaced US e-commerce giant Amazon to be the number 1 e-commerce application worldwide this year, according to data published by Adjust and Sensor Tower, a market intelligence provider of global application economy. Last year, the champion of global e-commerce application went to Amazon.
Q4 SEA FREIGHT RATES COULD REACH RECORD HIGH AS PEAK SEASON ARRIVES
International sea freight forwarders have lifted General Rate Increase (GRI) worldwide for October, leading to an expectation on record high prices in the fourth quarter as ports are congested, media reports said.
SHANGHAI AIR FREIGHT PRICES SURGE UP TO 80% AS FLIGHTS CUT
Air cargo prices in Shanghai surges 70% to 80% since mid-August as the number of flights reduced, China Central Television said. The case is especially serious on European routes that prices climb to an average of CNY55/kg from CNY30/kg, with a reduction of about 50 flights, the Chinese media cited a local freight forwarder as saying.
CARRIERS CRACK DOWN ON DOCUMENTATION AS DANGEROUS GOODS SHIPMENT DEMAND RISES
That’s why it is important to have an experienced and responsible freight forwarder.
THE SIXTH OLYMPIC MEDAL FOR HONG KONG KUDOS TO SARAH LEE WAI-SZE
The sixth Olympic medal for Hong Kong! Kudos to Sarah Lee Wai-sze!!
CHINA TO ADD CBEC PILOT ZONES AFTER 10x ECOMMERCE GROWTH IN 5 YEARS
China is going to replicate the existing cross-border eCommerce (CBEC) pilot zones to the whole country for international market expansion between 2021-2025, Premier Li Keqiang said earlier. The State Council unveiled 46 new comprehensive pilot zones for CBEC, bringing the total to 105 zones in 2020.
CONGRATULATIONS TO SIOBHAN HAUGHEY
Huge congratulations to Siobhan Haughey as the first athlete from Hong Kong to win 2 Olympic medals in the same year, marking an important moment in Hong Kong history.
CGO CARGO OPERATIONS NORMALIZING AFTER WEATHER DISRUPTIONS
Flight delays have been experienced as a result of the impact of the storm, but things are returning to normal,” a Cargolux spokesperson said.
SHANGHAI EYES ON WORLD CLASS AIR CARGO HUB STATUS
Shanghai is striving its best to be the world’s leading air cargo hub, the Shanghai Municipal Government said. It aims to achieve annual cargo throughput of 4.1 million tonnes by 2025.