Post Tagged with: "e-commerce"

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Defining the E-commerce variable in air freight demand

Capacity & Demand, E-Commerce, News October 3, 2017 at 10:45 am

MIAMI — A bustling crowd of senior executives from all links in the air cargo supply chain gathered at the Mandarin Oriental for the 23rd annual presentation of the Cargo Facts Symposium, where once again, it was hard to avoid the topic of e-commerce, and its impact on the global airRead More

UPS, SF Holding jv wins regulatory approval in China

UPS, SF Holding jv wins regulatory approval in China

Carriers, E-Commerce, Express, News October 2, 2017 at 10:57 am

Updated 10 October 2017. On 28 September, UPS and SF Holding (the parent company of SF Express), formally received approval from China’s Ministry of Commerce to launch the joint venture it announced in May. The joint venture will leverage the assets of both companies to enhance, and provide a widerRead More

Alibaba-affiliate Cainiao, currently handles 70% of China's e-commerce logistics.

Alibaba to invest heavily in logistics over the next five years

Asia, Carriers, E-Commerce, Express, News September 28, 2017 at 10:35 am

In what appears to be a shift away from an asset-light logistics model heavily reliant on third-party partners, China-based Alibaba Group Holding Limited announced plans to invest US $15.2 billion over the next five-years – with the ultimate aim of fulfilling domestic orders within 24 hours, and global orders withinRead More

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

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

SF Express Airlines opens new hub at Shanghai Pudong

SF Express Airlines opens new hub at Shanghai Pudong

Aircraft, Airports, Asia, E-Commerce, News July 13, 2017 at 10:56 am

Following the recent termination of CAAC restrictions which had for months blocked Shanghai Pudong International Airport (PVG) from launching new flights, SF Express Airlines seized the opportunity to bring China’s most populous city into its rapidly expanding air freight network. A new 25,000 sq. meter airside terminal will allow SFRead More

China Eastern to fuel JD.com’s own-operated air freight network?

China Eastern to fuel JD.com’s own-operated air freight network?

Asia, Carriers, E-Commerce, News, Strategy June 29, 2017 at 10:55 am

This week, China Eastern Airlines (CEA) and China’s number-two e-commerce player (after Alibaba’s Taobao), JD.com entered into a strategic partnership to “leverage each other’s resources” to strengthen their joint logistics capabilities. As would be expected, China Eastern Airlines’ key resource on offer is its airlift capacity, while JD’s is itsRead More