Post Tagged with: "China"

Freight trains and freighter aircraft on the old Silk Road

Freight trains and freighter aircraft on the old Silk Road

February 3, 2017 at 10:55 am 0 comments

Just five years ago, DB Schenker launched the first China-to-Europe rail freight service, with a single train rolling from Chongqing in west-central China to Duisburg, Germany. Schenker touted the service as cheaper than air and faster than sea, but the launch was met with a certain amount of skepticism inRead More

E-commerce drives massive quarterly profit for Alibaba

E-commerce drives massive quarterly profit for Alibaba

January 25, 2017 at 10:43 am 0 comments

Chinese e-Commerce giant Alibaba reported fiscal third-quarter net income up 38% to US$2.47 billion. Total revenue for the quarter (ended 31 December 2016) was up 54% to $7.67 billion, while operating income rose 66% to $2.98 billion. Operating margin was up 4 percentage points to 39%. The chart at rightRead More

Alibaba goes to sea

Alibaba goes to sea

January 9, 2017 at 9:22 am 0 comments

Chinese e-commerce giant Alibaba entered a partnership with Maersk, the world’s largest ocean container shipping line, allowing shippers to use Alibaba’s OneTouch website to book space on Maersk vessels. OneTouch, which Alibaba acquired in 2010, targets small- and medium-sized Chinese exporters and allows them to book shipments with air freightRead More

What is eWTP, and why you should care

What is eWTP, and why you should care

January 4, 2017 at 10:24 am 0 comments

2016 was a record year for Tmall Global, Alibaba’s online platform that enables international brands to sell directly to Chinese consumers. The number of imported product categories available on Tmall Global climbed almost 50% to 3,700, with offerings from more than 14,500 international brands from sixty-three countries. And it wasn’tRead More

ATSG acquires PEMCO

ATSG acquires PEMCO

January 3, 2017 at 10:45 am 0 comments

Air Transport Services Group (ATSG) significantly expanded its MRO footprint (and added a new conversion business) with the acquisition, announced this morning, of US-based MRO and conversion company PEMCO World Air Services. The acquisition was made through ATSG’s MRO subsidiary Airborne Maintenance and Engineering (AMES). PEMCO, which was owned byRead More

China Cargo Airlines is using its 777Fs to make the long haul from Peru to China.

New frontiers for China Cargo Airlines

December 5, 2016 at 10:40 am 0 comments

On 29 November, China Eastern Airlines reached an agreement to sell its main-deck cargo business, including China Cargo Airlines, to CEA Holding for US$353 million. As things stand before the sale (which is awaiting approval), China Eastern Airlines is the sole owner of Eastern Logistics, which in turn, owns 83%Read More

Global Buy, Global Sell

Global Buy, Global Sell

November 29, 2016 at 10:51 am 0 comments

Early last year, when Daniel Zhang took over as CEO of Chinese e-commerce giant Alibaba, he said the company was going to globalize, that the new goal was “Global buy and global sell.” In his view, Alibaba’s market was no longer China, but the world. But how to reach theRead More

A new all-cargo carrier in China, another to follow

A new all-cargo carrier in China, another to follow

November 7, 2016 at 10:46 am 0 comments

The Civil Aviation Administration of China (CAAC) said it would grant an air operator’s certificate (AOC) to Guangzhou-based China Air Cargo Corporation, unless there was a credible objection by 18 November. In early December of last year, we reported that the CAAC had granted initial approval to the establishment ofRead More