Tag: Shipping

The 4 Biggest Roadblocks to Clearing Customs in China

Tapping into the Chinese market is often a long and complicated process. After all the hard work that is put into creating a product and preparing it for Chinese consumers, it’s deflating to see it sit in customs and gather...

Shipping containers

Chinese Shipping Company in the Market for $1.5 Billion Worth of Ships

By Lauren Dodillet China Shipping Container Lines Co. (CSCL)—a subsidiary of China Shipping Group Co.—is seeking to buy 10 ultra-large ships for $1.5 billion, reports the Wall Street Journal. The ships can carry up to 20,000 intermodal containers each, and...

/ September 4, 2015
container ship

COSCO-China Shipping Merger Finally in The Works?

By Lauren Dodillet After years of rumors, a merger may be in the works for China Ocean Shipping (Group) Company (COSCO)—China’s largest shipping enterprise—and China Shipping (Group) Company. The two state-owned enterprises (SOEs) would combine over $82.9 billion in total...

/ August 27, 2015

China Grants FedEx, UPS Domestic Shipping Licenses

By Ellen Huber After waiting nearly five years, US companies Federal Express Corporation and United Parcel Service, Inc. won approval in May to operate express services in dozens of Chinese cities, including Beijing. The city licenses—21 for FedEx and 14...

/ September 9, 2014