Shipping fees will be 30.0% to 40.0% lower than the average market rate
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Alibaba Group’s logistics arm, Cainiao Network, has launched its container-booking service for air and sea freight, connecting 200 ports in 50 countries. The Company’s new cross-border, port-to-port shipping fee will be 30.0% to 40.0% lower than the average market rate, with booking confirmation available in as few as two business days after an order is placed by the merchant.
The announcement comes at a time when the global container shortage problem has increased shipping costs, putting more pressure on import and export businesses.
According to United Nations trade data, around 60.0% of goods are shipped by container via 180.0 million containers worldwide.