Cainiao Smart Logistics announced the launching of a new container booking service this week. Known as an extension of Alibaba Group, Cainiao’s booking service sets the bar higher for a quick turnaround in booking confirmations, maximizing cost savings, and access to a wider global network of ports and participating countries.

“In the face of the current global container shortage and surging shipping prices, Cainiao is committed to leveraging our technology and logistics ecosystem to provide a one-stop port-to-port shipping solution for exporters and importers,” says James Zhao, General Manager of Cainiao Global Supply Chain.

According to the information released, merchants can expect a booking confirmation just two business days following order placement. Considering the usual turnaround for booking can range from a week to a month, this significantly expedites the process for the industry. Both air and sea freight bookings will be available through the service along with competitive compensation in the event of booking delays and/or missing a departure date.

More than 200 ports in 50 countries are connected through the service including China ports in Beijing, Shanghai, Guangzhou, Shenzhen, Tianjin, Hangzhou, Yiwu, and more. Additionally, those that utilize the new booking service can enjoy a significant price decrease on a cross-border port-to-port shipping fee, as Cainiao’s fee is reported to be up to 40 percent less than market rates, offsetting the market increase in shipping costs due to the container shortage.

According to the China Container Industry Association (CCIA), the increased turnaround time has some waiting up to 100 days versus 60 days for containers due to the capacity cuts in international markets, specifically in the U.S. and Europe. Pair this with the spike in freight costs, there’s no doubt this new booking service will serve as a reliable solution for the industry.

“By working closely with airlines and cargo companies, we aim to safeguard the entire cross border line haul network and instill greater stability into sea and air freight shipping,” Zhao concluded.