FedEx Express announced the expansion of its customer portfolio of services with the launch of FedEx International Economy service in ten Asia Pacific markets. Read More >

Staples and UPS have announced a joint venture to launch a new co-branded store in China. Read More >

Menlo Worldwide has announced the signing of a definitive agreement to purchase Chic Holdings Ltd. and its wholly owned subsidiaries Shanghai Chic Logistics Company and Shanghai Chic Supply Chain Management Company for US$60 million plus an undisclosed future earn-out incentive based on its performance. Read More >

China COSCO Holdings Company Limited plans to acquire major dry bulk shipping assets for a total consideration of RMB34.6 billion from COSCO Group in an attempt to become a global leader in integrated shipping and to reinforce its market leadership. Read More >

RedPrairie has expanded its operations in China and opened bigger offices in Shanghai. Read More >

UPS and the Shanghai Airport Authority have conducted a formal groundbreaking ceremony for the UPS International Air Hub at Pudong International Airport. Read More >

Sinoenergy Corporation, a manufacturer of compressed natural gas vehicle and gas station equipment as well as an operator of CNG stations in China, has signed an intention agreement with Sinopec to secure the supply of 200 million cubic meters of natural gas per year to Hubei Gather Energy Gas Company, a 55% subsidiary of Sinoenergy, to supply CNG vehicles for 20 years once the Sichuan-Shanghai gas pipelines starts its operation. Read More >

FedEx Express has now made its iconic next-business-day service available to customers throughout China. Read More >

DHL has announced a new dedicated flight connecting Qingdao and Hangzhou with DHL's Central Asia Hub in Hong Kong. Read More >

Swedish home furnishing retailer Ikea has begun to build its Asia-Pacific Logistics Distribution Center in Fenxian District in Shanghai. Read More >