Post Tagged with: "China"

UPS unloading in Shanghai

7 ways cross-border e-commerce is reshaping air freight logistics today

Asia, Carriers, E-Commerce, News, Strategy June 5, 2017 at 9:26 am

For the past two years, “cross-border e-commerce” has been the buzz-phrase of the air freight and express industry. And it’s only natural that our industry would jump on it – no other mode of transportation is better suited to ensure expedited deliveries for parcels with origins far-removed from their final destination.Read More

UPS unloading in Shanghai

Breaking news: UPS and SF Holdings to establish JV

E-Commerce, News, Strategy May 25, 2017 at 7:45 pm

On Friday morning (Beijing Standard Time), SF Holdings, the parent company of China-based SF Express and SF Airlines, and US-based express giant UPS announced plans to enter into a joint venture, in which the two companies will use their respective assets and expertise to “collaborate to develop and provide international delivery services.”Read More

YTO Express Airlines recently ordered ten 737-800BCF conversions from Boeing.

YTO launches massive fleet expansion

Aircraft, Asia, Carriers, Conversions, Express May 22, 2017 at 10:55 am

Just a few days ago, we posted news that Shanghai-based YTO Express had launched an international expansion program, the main cost of which, according to company VP Hao Wenning,  “will come from buying aircraft to strengthen air freight services.” Our discussion in that post centered on YTO’s likely need forRead More

Overheard at Cargo Facts Asia

Overheard at Cargo Facts Asia

Aircraft, Asia, Carriers, Conversions, News May 18, 2017 at 10:04 am

SHANGHAI – A record crowd of senior executives from all links in the air cargo supply chain gathered at the Grand Hyatt in Shanghai late last month for Cargo Facts Asia 2017 – the sixth annual presentation of what is now undeniably the region’s premier industry event. After five yearsRead More

YTO Express acquires OTEL to use as springboard for international expansion

YTO Express acquires OTEL to use as springboard for international expansion

Asia, Carriers, E-Commerce, News May 17, 2017 at 10:58 am

On 8 May, Shanghai-headquartered courier, YTO Express announced its intention to acquire a 61.87% stake in Hong Kong-based forwarder and logistics specialist, On Time Logistics (OTEL), and establish its international business headquarters in Hong Kong. The acquisition will support YTO’s efforts to go global by leveraging OTEL’s international business expertise,Read More

China’s top 10 cargo airports in 2016

China’s top 10 cargo airports in 2016

Airports, Asia, E-Commerce, Express, News, Traffic May 16, 2017 at 10:57 am

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?

Asia, Carriers, News May 10, 2017 at 11:00 am

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”

Aircraft, Asia, Conversions, E-Commerce, Earnings, News May 4, 2017 at 10:37 am

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