E-Commerce

SF Express offloads stock to purchase aircraft

SF Express offloads stock to purchase aircraft

Aircraft, Airports, Asia, Carriers, E-Commerce, News August 24, 2017 at 10:51 am

On 22 August, rapidly growing Shenzhen-based SF Express raised US$1.2 billion from a stock placement, freeing capital it plans to use for growth-focused investments including the purchase of new aircraft, pilot recruitment, and technology R&D, according to a filing on the Shenzhen Stock exchange. Local media reports suggest that SFRead More

HNA increases ties with SF Airlines

HNA increases ties with SF Airlines

Aircraft, Asia, Carriers, E-Commerce, News August 21, 2017 at 9:57 am

Hainan Group (HNA) subsidiary carrier Suparna Airlines (formerly known as Yangtze River Airlines) ACMI-leased a 757-200PCF from SF Airlines, and launched twice-weekly scheduled service between Zhengzhou and Taipei. The lease is for just one year, but, given that demand has long outstripped capacity at SF Express’ air arm, why wouldRead More

Green grass and high tides for Atlas

Green grass and high tides for Atlas

Asia, Capacity & Demand, E-Commerce, Earnings, Express, News August 2, 2017 at 10:56 am

Not only did Atlas Air Worldwide Holdings (AAWW) report an extremely strong second quarter and first half, CEO Bill Flynn said the company expected the good momentum “to carry through 2017, into 2018, and beyond.” In the second quarter, Atlas reported net income up 89.3% over 2Q16 to $40 million,Read More

JD.com spearheads public-private alliance to facilitate cross-border e-commerce

JD.com spearheads public-private alliance to facilitate cross-border e-commerce

Asia, E-Commerce, News August 1, 2017 at 10:34 am

On 1 August, Beijing-based e-tailer JD.com, in collaboration with 20 global brands, announced a new alliance with China’s Inspection and Quarantine Association that aims to streamline and expedite the customs clearance process for cross-border imports into China. The alliance brings together a cross section of the cross-border e-commerce supply-chain includingRead More

China’s Express companies unfazed by outward FDI crackdown

China’s Express companies unfazed by outward FDI crackdown

Asia, E-Commerce, Events, News July 31, 2017 at 10:59 am

The days of HNA Group acquiring a new airport entity every few months may be coming to an end as Chinese regulators begin enforcing stricter outbound investment rules; yet this does not seem to have China’s express companies worrying about their ability to continue expanding into international markets. As SFRead More

Everything is coming up roses for UPS

Everything is coming up roses for UPS

Capacity & Demand, Carriers, E-Commerce, Earnings, News July 27, 2017 at 10:42 am

UPS reported strong financial and operational performance in the second-quarter of 2017, with net income up 9.1% y-o-y to $1.38 billion as revenue rose 5.0% to $15.75 billion. Operating income for the quarter was up 8.7% to $2.22 billion. Revenue rose in all three of the company’s operating segments, andRead More

Boeing Shanghai and SF ink maintenance deal

Boeing Shanghai and SF ink maintenance deal

Asia, Carriers, E-Commerce, News July 24, 2017 at 10:24 am

Last week, SF Airlines, the Shenzhen-based air arm of China’s biggest express company, signed an agreement with Boeing Shanghai Aviation Services Co Ltd covering the carrier’s fleet of sixteen 737 Classic freighters, and five 767-300BCFs. SF’s first aircraft is currently undergoing a C-check at Boeing Shanghai’s MRO facility. The nose-to-tailRead More

Yangtze River Airlines' fleet currently includes three 747F-400BDSFs

Germany’s airports sprout cargo connections to China

Airports, E-Commerce, News July 19, 2017 at 10:56 am

Rapidly growing cross-border e-commerce coupled with the desire of Chinese express companies to add international connections to their air networks is causing a flurry of activity at German airports. Although multiple airports throughout Germany are seeing additional scheduled freighter frequencies, Frankfurt-Hahn Airport (HHN) and Hanover-Langenhagen Airport (HAJ) are two airportsRead More