Regulators have started examining a 10-billion-yuan ($1.5 billion) IPO application by China Postal Express & Logistics Co Ltd.
New national standards on express delivery, effective on Tuesday, may not substantially improve service as expected, but may increase the cost, experts said.
China Securities Regulatory Commission will review an application for the initial public offering (IPO) of China Postal Express Logistics on May 4.
The exorbitant profits generated by China's highway tolls have once again provoked public anger.
The value of China's freight logistics is expected to reach 125 trillion yuan ($19.8 trillion) in 2012.
On April 9, investors signed contracts to launch projects inside the Xi'an International Trade and Logistics Park in the latest example of the growing popularity of Shaanxi's provincial capital as a destination for investment.
Sales of mid-sized and professional vehicles are expected to soar in China over the next five years due to the rapid development of the country's logistics and highway infrastructure, said a high-ranking official of Baotou Bei Ben Heavy-duty Truck Co Ltd in Inner Mongolia autonomous region.
The 8th China International Logistics Day will be held from May 6 to 8, in Kunming, the capital of Southwest China's Yunnan province.
China's logistics companies will face increasing costs as a result of waning demand and rising oil prices, the China Federation of Logistics and Purchasing (CFLP) said Thursday.
Price rises introduced by several international ocean shipping giants early this month will have negative effects on Chongqing's exports to Europe.
The Beijing postal authority ordered express companies to check every mail delivered.
Starting Thursday, identity cards are required to use express delivery services, major courier company Shanghai YTO Express (Logistics) Co Ltd announced.
Chinese will have to spend nearly one in every five dollars of its gross domestic product (GDP) on logistics costs to achieve the 9.2 percent economic growth of last year, according to an official report released Tuesday.
Dubbed the "singing CEO" by his employees, the 56-year-old English businessman has worked for half of his life in the empire of Deutsche Post AG, the world's largest logistics group.
After unloading piles of packages from a van and stuffing them into a backpack, deliveryman Dong Zhongting starts his electric bike and zooms away from a delivery terminal in the early morning.
Changsha Jinxia Logistics park is a key industry item of the Changsha Jinxia Economic Development District.
China will significantly improve logistics in its grain production industry by 2015 as part of the country's efforts to tackle "arduous challenges" to ensuring food security, a senior agriculture official said Thursday.
China will further encourage domestic logistics companies to acquire overseas distribution centers to "facilitate the nation's trade growth", said Wang Xuanqing, deputy director of the Department of Circulation Industry Development at the Ministry of Commerce.
An agricultural and sideline logistics center was established by the Shandong province and Heilongjiang province on Dec 27.
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