Ajax loader
By using our website, you agree to our use of cookies as described in Cookie Policy.

Can't find what you're looking for?

 

Be sure to Sign in to see all available content.

 

If you don't have an account, Register here.

Search results for:

CHINA-SINGLES DAY/LOGISTICS
RTS6DJN
November 10, 2015
An employee works at a JD.com logistic centre in Langfang, Hebei province, November 10, 2015. On China's...
LANGFANG, China
An employee works at a JD.com logistic centre in Langfang
An employee works at a JD.com logistic centre in Langfang, Hebei province, November 10, 2015. On China's giant Singles Day internet shopping festival, the country's delivery firms are stretched so thin that they are looking for tie-ups, listings and new investors to husband their resources. E-commerce has been a huge boon to the logistics industry, but the ever-bigger Singles Day, run by leading online market company Alibaba Group Holding Ltd on Nov. 11 every year, exacerbates the industry's twin dilemmas of cut-throat competition and rising labor costs. With low barriers to entry, express couriers proliferated rapidly over the past decade to more than 8,000 firms, squeezing profit margins to about 5 percent, down from 30 percent 10 years ago, according to analysts. To match CHINA-SINGLES DAY/LOGISTICS REUTERS/Jason Lee
Sort by
Display
Items per page
Page
of 1