The need to know

The need to know for the week ending 25th June 2020

 

The need to know from Reuters global network of journalists

Brazil ecommerce jumps 57% in first five months of 2020 fueled by COVID-19

Brazilian e-commerce has risen by 56.8% in the first five months of 2020 from a year earlier, reaching 105.6 billion reais ($20.50 billion) in sales revenue, a survey showed on Tuesday, as more consumers have shifted to online shopping during the coronavirus pandemic.

MercadoLibre to kick off ops in Brazil's 3rd distribution center in July

Latin American e-commerce group MercadoLibre will kick off operations in its new fulfillment center in Brazil’s Northeastern state of Bahia in July, the company said on Tuesday, as more customers have been shifting to online shopping during the coronavirus pandemic.

Exclusive: China's Fosun seeks sale of $1.3 billion stake in Alibaba's Cainiao - sources

Fosun International (0656.HK) is in talks with Alibaba and others to sell a stake worth $1.3 billion in the e-commerce giant’s Cainiao, three people said, at a time when Alibaba has been increasing its holdings in the logistics affiliate.

Vans, not glamorous, but key as EU weighs autos mega-merger

Their silhouettes don’t stir dreams of adventure like a sports car or trendy SUV, but vans are a rare source of profit for European carmakers, which is why EU regulators are focused on them as they decide whether to back an industry mega-merger.

Deutsche Post sees Amazon dependence falling as online booms

German logistics group Deutsche Post AG said its dependence on Amazon is falling as the coronavirus crisis prompts a big rise in parcel shipments by other customers which it expects to continue in the second half of 2020.

Exclusive: Amazon signals entry into alcohol delivery in India with nod in key state - document

Amazon.com Inc (AMZN.O) has secured clearance to deliver alcohol in India’s eastern state of West Bengal, according to a document seen by Reuters, signalling the U.S. e-commerce giant’s first foray into the country’s multi-billion-dollar sector.

E-tailers in India to consider listing of 'country of origin' label on products

E-commerce players in India such as Amazon’s (AMZN.O) local unit and Walmart’s (WMT.N) Flipkart will consider asking sellers on their platforms to list the country of origin on products, three sources familiar with the matter said on Wednesday.

Maersk heads zero-carbon drive in shipping sector with $60 million research center

The world’s largest container shipper, A.P. Moller-Maersk MAERSKB.CO, will team up with industry majors to set up a research center in Denmark with the aim of reducing carbon emissions in the shipping industry.

Amazon to build new facilities in Australia as online demand surges: AFR

Retail giant Amazon Inc (AMZN.O) is expanding its Australian operations with plans to build a warehouse in Sydney and is also scouting locations for a giant facility in Melbourne, the Australian Financial Review reported on Thursday.

Discount grocers look to jump on home delivery bandwagon

Discount supermarket chains Aldi and Lidl look poised to accelerate their push into home delivery to satisfy burgeoning demand for online grocery shopping in a shift expected to endure beyond the coronavirus crisis.

Air freight rates head back to earth as virus-driven boom cools

Rates were double usual levels in April, May

CN Rail sees eastern network revival on supply chain diversity, ports

Canadian National Railway Co , the country’s biggest railroad, is banking on growth in consumer products and supply-chain diversification in Asia, to revive traffic on its underutilized eastern Canadian rail lines, the company’s chief executive told Reuters on Friday.

IKEA to review its Ukrainian wood supply after critical report

Furniture retailer IKEA said on Tuesday it would review its wood supply chain in Ukraine after a report by a non-governmental organisation (NGO) alleged illegal logging in the Carpathian mountains, home to endangered lynx and brown bears.

Samsung to relocate Chinese display production to Vietnam – media

Samsung Electronics is planning to shift much of its display production from China to its plant in southern Vietnam this year, state media said on Friday.

From elsewhere around the web

Survey Reveals 33% of Supply Chain Leaders Moved Business Out of China or Plan to by 2023. [Supply & Demand Chain Executive]

Tech company uses quantum computers to help shipping and trucking industries. [FreightWaves]

Autonomous trucking company Plus.ai wins 451 Firestarter award. [FreightWaves]

More automation means more reusable packaging: survey.[SupplyChainDive]

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