Post Tagged with: "China"

China’s top 10 cargo airports in 2016

China’s top 10 cargo airports in 2016

May 16, 2017 at 10:57 am 0 comments

According to data from the CAAC, total cargo handled (loaded and unloaded freight and mail) by Chinese airports rose 7.2% y-o-y in 2016, to 15.1 million tonnes, more than double the pace of world average growth, which according to preliminary data from the Airports Council International, was 3.3%. The chartRead More

China Southern reported a solid increase in September traffic.

Air China Cargo and China Southern Cargo to merge?

May 10, 2017 at 11:00 am 0 comments

As the Chinese Government moves to pare down its outlays on state-owned behemoths, it has been widely reported that the cargo and logistics operations of Beijing-based Air China and Guangzhou-based China Southern will be divested and merged into a single entity. Sources quoted in Bloomberg have even identified potential investorsRead More

ATSG forecasts “solid growth into the next decade”

ATSG forecasts “solid growth into the next decade”

May 4, 2017 at 10:37 am 0 comments

Air Transport Services Group (ATSG) reported first-quarter net income up 21.5% y-o-y to $10.0 million as net revenue jumped 34.1% to $238 million. Operating income for the quarter was up 15.6% to $17.7 million. Adjusting for the impact of non-cash expenses related to warrants associated with ATSG’s agreement with Amazon,Read More

China’s number-two e-tailer launches 3PL division

China’s number-two e-tailer launches 3PL division

May 1, 2017 at 9:43 am 0 comments

Last week, Beijing-based announced it was moving forward with plans to formalize a logistics division, “JD Logistics” in support of the growing demand for express delivery services for its booming e-tailing business. Similar to Amazon’s Fulfillment by Amazon (FBA) program, the new division will provide third parties access toRead More

China’s B2B express volume to grow dramatically

China’s B2B express volume to grow dramatically

April 27, 2017 at 10:17 am 0 comments

SHANGHAI – The freighter fleets of China’s express companies are growing rapidly as an increasing proportion of retail spending moves online—but that’s only half the reason express companies are adding airfreight capacity as quickly as possible. Yesterday at Cargo Facts Asia 2017 in Shanghai, Peter Huang, director of corporate planning atRead More

Hong Kong Airlines web

Hong Kong Air Cargo receives AOC

April 21, 2017 at 10:25 am 2 comments

It’s not every day a Hong Kong-based startup receives an Air Operator’s Certificate, in fact, it has been about twelve years since the last new-issue permit. Today, that changed when Hong Kong Air Cargo, a spin-off from combination carrier, Hong Kong Airlines was granted an AOC. More details are expectedRead More

Cathay Pacific's cargo division ended 2016 with a strong performance in December.

Huge jump in Hong Kong cargo volume

April 17, 2017 at 10:52 am 0 comments

Hong Kong International Airport reported cargo volume in March up 17.7% y-o-y, to 433,000 tonnes. In 2015, cargo volume growth at HKIA  stalled, and the Airport’s full-year handle was up just one-tenth of one percent over 2014. This stagnation continued through the first half of 2016, and, despite a strong finish inRead More

Yiwu to London

First China-bound freight train departs London

April 10, 2017 at 10:57 am 0 comments

On 18 January, the first freight train arrived at London’s Barking terminal, after an 18-day journey originating in Yiwu, on China’s east coast. Today, Barking celebrated a new milestone, sending off the first eastbound train. The 7,500-mile journey will pass through nine countries, and undergo two transfers between standard andRead More