China News Updates

Business, Technology, Equipment

Analysis: Recent Merger in China May Herald a Revolution in Hauling Freight

On Nov. 27, China’s two largest apps for delivering Uber-like services for truckers and cargo owners agreed to merge. The resulting $2 billion behemoth is likely to reduce delays, cut down on pollution and improve life for the country’s 30 million truck drivers.

December 1, 2017
Business, Technology, Equipment, Logistics

China’s Biggest Uber-for-Trucks Apps in Talks to Merge

Wang Gang, a backer of Yunmanman and an angel investor in ride-hailing giant Didi Chuxing, is the top candidate to become CEO if the companies merge, officials said, asking not to be identified because the information is private.

November 13, 2017
Business, Technology, Logistics

China’s Uber-for-Trucks Apps Trade Barbs as Battle Turns Toxic

Harassing phone calls, spam text messages and police investigations — the fight between China’s Uber-for-trucks apps is getting nasty.

October 26, 2017
Business, Equipment

Caterpillar Boosts Its Outlook as the Global Recovery Gains Traction

Caterpillar Inc. is strengthening its forecast for a first annual sales increase in five years, thanks largely to construction in China.

July 25, 2017
Government, Business

IMF Sees US Fading as Global Growth Engine

The world is leaning less on its biggest economy to sustain the global recovery, according to the International Monetary Fund.

July 24, 2017
Business, Technology, Logistics, TCA

Chinese Delivery Company Gets Approval for Drone Deliveries

Chinese delivery company SF Holding said it has obtained a landmark license from the country’s military authorities to use drones to deliver commercial packages and was conducting the country’s first drone pilot demonstration zone.

July 6, 2017
TCA

China Cautions US Against a Trade War

BEIJING — Chinese Premier Li Keqiang cautioned the U.S. against starting a trade war and positioned Beijing as a leading proponent of globalization at a news conference March 15, underscoring the extent to which Donald Trump’s presidency has pushed China into a global leadership role.

March 16, 2017
Government

International E-Commerce Will Triple to $900 Billion by 2020, Report Predicts

The total value of online purchases from international retailers is expected to triple to $900 billion by 2020 and result in new opportunities, and challenges, for transportation, logistics and warehousing companies, according to several reports out this month.

February 20, 2017
Government

Impact of China's New Silk Road on Shipping Expected to Be Limited

China's ambitious plans to create a modern-day Silk Road by way of building roads and railways abroad are unlikely to change the face of global shipping, industry observers said.

January 26, 2017
Government

China's Bold Gambit to Cement Trade With Europe — Along the Ancient Silk Road

From his office on a bend of the Rhine River, freight terminal boss Bernd Putens can see — and hear — the early stirrings of what China calls the New Silk Road.

May 2, 2016