Sinotrans

Sinotrans 2023 annual results briefing: Key insights

Sinotrans Limited held its 2023 Annual Results Briefing on 25 March 2023, with important presences including Song Rong, the executive director and general manager, Wang Jiuyun, CFO, Li Shichu, vice president and board secretary, Gao Xiang, vice president and chief digital officer, as well as independent directors in attendance.

In the previous year, Sinotrans said it actively responded to China Merchants Group’s “The Third Entrepreneurship Undertaking” by focusing on building the smile curve and...

https://container-news.com/sinotrans-2023-annual-results-briefing-key-insights/

Chinese partners launch new China – Laos rail service

The Chinese companies Sinotrans, Shenzhen International and the unified operation platform China Merchants Group’s logistics business, have jointly launched the ‘Bay Area’ China-Laos Railway train, connecting the Chinese Port of Shenzhen with the capital of Laos, Vientiane.

This is the first international train leaving from Shenzhen to reach Laos, and one of the first batches of international trains to Laos in China, according to a statement.

It travels along the newly opened China-Laos Railway...

https://container-news.com/chinese-partners-launch-new-china-laos-rail-service/

Under the radar: China’s Sinotrans can clear a path. Watch out.

Sinotrans, China’s most prominent logistics services provider quietly reported its third quarter (Q3 ’20) update this week, which almost passed unnoticed everywhere.
What nobody has missed though, are stories like these: “As Covid persists and US election nears, China growth lifts Asia“.
Behemoth
Fighting at the top of the league tables (as gauged by global freight forwarding revenues; click to expand) sourced from Transport Intelligence…
… it is in a sweet spot among the …

The post Under the...

https://theloadstar.com/under-the-radar-chinas-sinotrans-can-clear-a-path-watch-out/

Supply chain radar: Freight forwarding shakeout – US loses, Europe mixed, Asia takes it all

Here are some key highlights of comprehensive research – headed: “Global freight forwarder tracker” – published by UBS on Monday, 23 March, spanning air and ocean freight performance for the major freight forwarders worldwide (emphasis in bold added):
– “Chinese port activity is reported to be aligned with 2019 levels (Clarksons’) with economic activity recovering in China. As past weeks orders are fulfilled volumes are likely to decline as Europe/US demand comes …

The post Supply chain radar:...

https://theloadstar.com/supply-chain-radar-freight-forwarding-shakeout-us-loses-europe-mixed-asia-takes-it-all/

RZD Logistics, Sinotrans sign long-term deal

«RZD Logistics» JSC, the largest multimodal logistics operator in the CIS and Baltic countries, together with Sinotrans, one of the largest logistics companies in China, agreed to develop transit traffic from China to Europe.

Vyacheslav Valentik, General Director of RZD Logistics, and Hairong Chen, Deputy General Director of Sinotrans signed the strategic cooperation agreement, at the largest logistics and transport exhibition «Transport Logistic» that takes place in Munich from 4 to 7 June. The...

https://container-news.com/rzd-logistics-sinotrans-sign-long-term-deal/

Analysis: can Kuehne + Nagel really be eyeing a Panalpina takeover?

The idea that Panalpina “has to go sooner rather than later” is growing in popularity among my sources, notwithstanding public remarks made by Kuehne + Nagel management on Friday and Panalpina on Sunday.
However, beware the hype. I may very well be wrong, but I doubt K+N has any serious intention to take over its smaller domestic rival in its current form, although the ousting of chairman Peter Ulber could trigger …

The post Analysis: can Kuehne + Nagel really be eyeing a Panalpina takeover?...

https://theloadstar.co.uk/analysis-can-kuehne-nagel-really-eyeing-panalpina-takeover/

Market Insight: CEVA and CMA CGM – vertical consolidation the next step?

Events have overtaken me this week. I began this column with the following:
“The recent appointment of Serge Corbel as the new chief financial officer of CEVA Logistics fuelled speculation that CMA CGM might be ready to snap up the freight forwarding and contract logistics specialist in which the French carrier already owns a near-25% stake.
“What could be going on behind the scenes is just as important as trying to understand …

The post Market Insight: CEVA and CMA CGM – vertical consolidation...

https://theloadstar.co.uk/market-insight-ceva-cma-cgm-vertical-consolidation-next-step/

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