×
27 871
Fashion Jobs
MARSHALLS
Distribution Center Supervisor
Permanent · Philadelphia
MARMAXX
Loss Prevention Specialist
Permanent · Evansville
MARMAXX
Human Resources Business Partner i
Permanent · Manteca
TJ MAXX
70118-lp Detective
Permanent · Waldorf
TJ MAXX
District Loss Prevention Manager
Permanent · Carle Place
HOMEGOODS
70118-lp Detective
Permanent · Vernon
PUMA
Product Line Manager, Basketball Footwear
Permanent · Boston
PUMA
Product Line Manager, Basketball Apparel
Permanent · Boston
LEVI'S
sr. IT Service Delivery Manager
Permanent · Hebron
LEVI'S
Operations Manager, Weekend Shift
Permanent · Canton
VICTORIA'S SECRET
Brand Operations Manager-Dulles Town Center
Permanent · Dulles
PINK
Brand Operations Manager-Cherry Creek
Permanent · Denver
L'OREAL GROUP
sr Manager/Director, Human Resources - Acd
Permanent · New York
L'OREAL GROUP
sr Manager, Global Brand Supply Chain
Permanent · Clark
L'OREAL GROUP
Director, Category Insights - Ecommerce
Permanent · New York
RALPH LAUREN
Polo Factory Store - General Manager
Permanent · Park City
RALPH LAUREN
Ralph Lauren Stores - Executive Sales Professional, Full Time
Permanent · New York
RALPH LAUREN
Polo Factory Store - Store Selling Manager
Permanent · Gilroy
BUMBLE AND BUMBLE
Director, Global Creative Operations
Permanent · New York
ESTÉE LAUDER COMPANIES
Manager, Strategic Marketing Initiatives And Community
Permanent · New York
ESTÉE LAUDER COMPANIES
Keyholder - Cosmetics Company Center - Part Time - Tanger Outlet Center - North Charleston, sc
Permanent · North Charleston
ESTÉE LAUDER COMPANIES
Distribution Supervisor - 1st Shift - Padc
Permanent · Bristol
By
Reuters API
Published
Jan 14, 2021
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Alibaba's Cainiao launches container booking service, cites global cargo woes

By
Reuters API
Published
Jan 14, 2021

 Alibaba Group's Cainiao launched a container booking service for air and sea freight on Thursday, and said the move was in response to a global shortage of shipping containers that had pushed cargo costs to record highs.


Reuters


The logistics firm that underpins delivery for Alibaba's e-commerce marketplaces said its service would span over 200 ports in 50 countries, and it would offer 30-40% lower cross-border port-to-port shipping fees versus the average market rate.

A severe container shortage is pinching global export flows, driven by China's lopsided trade balance - exporting three containers for every one imported recently - and delays in containers returning to China due to the pandemic.

The cost of chartering a 40-foot container from China to the U.S. East Coast jumped more than 80% in December from June, according to Freightos data in Refinitiv Eikon.

"By working closely with airlines and cargo companies, we aim to safeguard the entire cross-border line haul network and instil greater stability into sea and air freight shipping," James Zhao, General Manager of Cainiao Global Supply Chain, said in a statement.

© Thomson Reuters 2021 All rights reserved.