By Bing-lian Liu, Shao-ju Lee, Ling Wang, Ya Xu, Xiang Li
This booklet offers a scientific exposition of China’s logistics improvement to the English-reading neighborhood. the last word target of the e-book is to provide a well timed portrayal of China’s logistics industry development and the evolution prestige of China’s logistics undefined. Being the fourth quantity of the “Contemporary Logistics in China”, the ebook strives to supply in-depth research on a few scorching concerns and dilemmas amid the on going dynamic and multi-faceted improvement and likewise a resource of reference for readers in educational fields.
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Additional info for Contemporary Logistics in China: Assimilation and Innovation
3 Development Trend of Logistics Market It is estimated that the overall size of China’s logistics market in 2013 will grow modestly and the overall trend in logistics market structural adjustment will continue. Logistics industry will develop towards the direction of segmentation and specialization. The gross-style development of logistics industry will be difficult to sustain, and the industry transformation and upgrading process is expected to be further accelerated. 1 39 Declining Growth of Logistics Market The World Economic Situation and Prospects in 2013 released by the United Nations forecasted that the world economic growth is likely to remain sluggish in 2013 and could face the risk of double-dip recession in the subsequent two years.
Ltd. , Ltd. COSCO Shipping is a professional company under the COSCO Group engaged mainly in ocean shipping of special cargos. This integration further expanded the size of COSCO Shipping’s special fleet, which had a positive effect on enhancing the competitive advantage in its market position. In October 2012, COSCON and CSCL began their cooperation on domestic trade container market in China. By integrating the transport resources of both sides, the cooperation effort is expected to improve the two enterprises’ route coverage and schedule density, shorten the delivery time and lower the operating costs.
The structural changes in the logistics market continued the trend of development since 2009. The growth rates of automotive, pharmaceutical, online shopping and other major market segments were notably different. Some shipping, airfreight, highway freight and express enterprises continued their effort in resource integration and service innovation, which promoted the logistics industry’s continual improvement on the overall service level. This chapter includes three sections. The first section focuses on some key logistics indicators such as total expense of social logistics, added value of logistics, and freight volume.