Third Party Logistics News – 3PL wire

Not great news for one of my favorite cities; but, not particularly surprising either given the state of the global economy. I just finished reading an article on the WSJ which describes the current woes that Hong Kong is currently facing. According to the article, Hong Kong’s economy plunged at its fastest rate in a [...]

Anyone importing from Hong Kong or South China knows of the massive operations that are conducted at the ports. This video shows a fairly good overview of the services provided at the port of Hong Kong.

This is another piece of news that got lost in the end of year holiday shuffle. For the first time since the two separated in 1949, China and Taiwan launched the first direct shipping lane across the Taiwan strait. ‘Today is another day to remember in the history of cross-strait ties,’ said Mr Wang Yi, [...]

I’m fairly confident they aren’t the first but it’s so rare to find such events in the news that I figure it’s worthy of a post. They are looking at Indianapolis and their products service major auto makers in the U.S. Goodtime Science & Technology Co., LTD manufactures and distributes environmentally-friendly and energy-efficient rubber, plastic, [...]

Chinese officials say the outlook is “grim”: Urban unemployment has begun to rise and will increase next year, Yin Weimin, minister of human resources and social security, said on Thursday. “Stabilising employment is the top priority for us right now,” said Mr Yin, in comments reflecting growing worries about the potential threat to social stability. [...]

It’s been a while since we linked to our colleague at Asia Logistics Wrap, but he’s got a newly revamped site and has been blogging up a storm. Today he highlights one of the key aspects of China’s announced bailout package of $586 billion: infrastructure: China’s supply chains stretching into the less developed western regions [...]

In yet another move to stem the slide in export growth, China’s government announced that they would increase export tax rebates on some 3,770 export items, a little more than a quarter of its exports. It was just a couple of weeks ago that China increased the export tax rebate on toys and textiles. Via [...]

All Roads Lead to China links to an AP article outlining that attendance has dived at this year’s Canton Fair and speculates that China’s exports may contribute a lot more to GDP than most suspect: When writing First China Ripples of Global Financial Crisis Come Ashore – Part 1 – Trade, my primary concern was [...]