Journal of Commerce--Third-party logistics companies continue to invest in warehousing and other supporting capacity in interior provinces of China, as manufacturers look to cut costs by moving away from coastal provinces.
Ceva Logistics, Kuehne + Nagel and Panalpina have all recently pledged heavy investment to expand their respective footprints in central and western China. They were joined today by Kerry Logistics and DHL as they each announced their own new investments in inland facilities.
DHL said it would add up to 656,167 million square feet of warehousing in China over the next two years and identified Wuhan and Chengdu as key growth areas.
Read more!
Ceva Logistics, Kuehne + Nagel and Panalpina have all recently pledged heavy investment to expand their respective footprints in central and western China. They were joined today by Kerry Logistics and DHL as they each announced their own new investments in inland facilities.
DHL said it would add up to 656,167 million square feet of warehousing in China over the next two years and identified Wuhan and Chengdu as key growth areas.
Read more!
