The Chinese B2B e-commerce company Alibaba.com has announced that its new online wholesale website, 1688.com, was formally launched on March 9, 2010, and the wholesale traffic reached a whopping 6.39 million people on the first day.

Kodak is opening a second production line for its Xiamen printing plate manufacturing facility to enhance the company's manufacturing capacity for offset products.

UPS plans to increase its global service parts logistics network significantly, by establishing 101 new field stocking locations in China.

U.S.-based aerospace company Goodrich Corporation has opened a new facility in Tianjin Airport Industrial Park to support nacelle and thrust reverser original equipment as well as maintenance, repair, and overhaul activities.

Despite the global economic slowdown, Luxembourg-based logistics company Logwin has opened a new operation in Zhangjiagang in southeast China.

International provider logistics services Longwin has agreed to join forces with Finnish partner Wikestrom & Krogius to establish and operate a state-of-the-art supply chain center for the Wartsila Corporation in Shanghai.

International sports apparel maker Nike has announced plans to invest USD99 million to build a new distribution center in the Taicang Economic Development Area, Jiangsu, to reinforce its future development in China.

Chinese ambassador to the United States, Zhou Wenzhong, joined United States Senator Kit Bond and Senator Claire McCaskill in announcing the Midwest/China Hub Commission, an entity that will operate both in St. Louis, Missouri, and in Beijing.

Chinese consumer electronics distributor China 3C Group has signed a definitive agreement to acquire 100% of Jinhua Baofa Logistic Ltd., a logistic company in eastern China, through its subsidiaries Zhejiang Yong Xin Digital Technology Co., Ltd. and Yiwu Yong Xin Communication.

FedEx has updated the schedule of operations for its new Asia-Pacific Hub at Guangzhou Baiyun International Airport in southern China.