NEWS Roundup
Due to its
perceived health
benefits, the prices
of garlic have hit
top dollar
Garlic prices up logistics capacity, coal FedEx Enters Taobao kicks off Express Prices
40% in China supply will not be able to India’s Express Partner Program Rise for websites
The price of garlic has keep up with demand. logistics Market
Alibaba’s online shop-
Several domestic pri-
shot up 40% in China, Chinese steel plants, FedEx has launched a
ping subsidiary, Chinese
vate couriers upped the
partly due to the belief particularly the large new next-business-day service
B2B e-commerce group
prices of their express
that garlic can prevent plants in coastal regions, for the domestic Indian
Taobao.com, formally
delivery services, includ-
H1N1 flu. Garlic farm- are seeking higher qual- express market. The com-
launched the Taobao
ing Shentong Express,
ers began slashing sup- ity imported coking coal, pany offers two products
Partner Program in De-
Shanghai Yuan Tong Ex-
ply in late 2008 after the and Chinese buyers are for shipments weighing
cember in order to attract
press, Yunda Express and
financial crisis reduced paying far higher prices up to 32kg, with delivery
e-commerce outsourcing
ZTO Express. All have
consumer demand for than their Indian com- available to 50 Indian cit-
suppliers from a wide
announced a RMB1-2/kg
the bulb. petitors. ies from 14 key central
range of sectors. This new
price hike. The price ad-
However, demand, has Over 30 vessels are cities. The service comes
launch is an effort from
justment directly affects
skyrocketed unexpectedly queuing outside Dalrym- with a money-back guar-
Taobao to gather a group
the profits of millions
in the past few months as ple Bay and Gladstone antee, a real-time online
of products and services
of online store owners in
traditional Chinese medi- ports, Australia’s main tracking facility and on-
which are customized
China who largely rely on
cine believes that garlic coking coal terminals, but call pick up. FedEx is
to their needs, including
domestic logistics firms
can help protect one they cannot get enough extending its portfolio to
technology, services and
to deliver their goods. Ac-
from the H1N1 flu. coal to load ships as there cater to the rapidly grow-
logistics. Ever popular,
cording as these domestic
In November, whole- is not enough rail support ing courier, express and
Taobao attracted over 20
carriers, high commodity
sale prices of garlic in in Australia. parcels (CEP) business
partners in its first week
prices, oil price increases
eastern Shandong prov- through the launch of
of operation.
and higher labor costs are
ince rose to RMB 9 per AMB Signs New this service. to blame.
kilo from RMB 0.2 one Tenants Nationwide
year ago. Shandong is AMB has recently
China’s largest garlic-pro- leased 100,100 square
ducing area. feet to a premier automo-
tive distributor in Tianjin
Bad logistics and 70,500 square feet to
makes Coal Price two logistics service pro-
Surges viders in Kunshan.
Spot coking coal prices In addition, about
could rise 25% to USD$ 24,200 square feet were
200 per ton FOB in 2010 leased to a 3PL in Ning-
should China continues bo and 12,400 square feet
to import at its current were leased to a 3PL in
rate. Due to of lack of Dalian.
www.chainaonline.com JANUARY/FEBRUARY 2010 11
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