YTO, HNA partner to share capacity, develop specialty services

In April, the parent company of YTO Express signed a cooperation agreement with HNA Modern Logistics that will foremost, give YTO Express access to belly-hold and freighter capacity on the domestic and international networks of HNA-affiliate carriers. The agreement also calls for the joint development of cool-chain transportation solutions across China, and express-oriented construction projects […]
  • Charles Kauffman
  • May 10, 2019

China Airlines launches into freighter fleet modernization with 777F order

Taiwan-based China Airlines (CI) announced today it had inked a Memorandum of Understanding with Boeing that includes an order for three 777Fs and options for three more, as the carrier gets started on a fleet modernization program. Expected delivery dates have yet to be announced, but China Airlines has left open the possibility of supplementing […]
  • Charles Kauffman and Caryn Livingston
  • May 8, 2019

CFA: Lack of widebodies, slot constraints to limit Asia-Pacific air cargo growth [VIDEO]

During a roundtable panel discussion at the 8th annual Cargo Facts Asia symposium held earlier this month in Shanghai, executives from Atlas Air and YTO Express discussed the most pressing bottlenecks to growth of the Asia-Pacific air cargo market and freighter fleet. Although airport slot shortages are certainly an issue, limited widebody freighter capacity could […]
  • Charles Kauffman
  • May 3, 2019

CFA: China Southern Cargo to outline reform strategy in June

Earlier this month at Cargo Facts Asia in Shanghai, Zhang Dezhi, VP Cargo for China Southern Airlines, told conference delegates that the reform process was well underway for the cargo unit of China’s largest combination carrier and that a detailed plan would be announced before the quarter’s end. Frustrated with the division’s sluggish growth rates […]
  • Charles Kauffman
  • April 29, 2019

UPS’ growing 747-8F fleet boosts air volumes in Q1

UPS reported first-quarter 2019 net income was down 17.4% year-over-year to $1.11 billion, on revenues that were up slightly (0.3%) at $17.1 billion. Operating profit for the quarter declined 8.3% to $1.39 billion, as the company was hit by forecasted “headwinds” and a series of severe winter storms that impacted the company’s US Domestic segment. […]
  • Charles Kauffman
  • April 26, 2019

Execs from Flexport and Polar on the outlook for Asia Pacific air cargo [VIDEO]

During a roundtable panel discussion at the 8th annual Cargo Facts Asia Symposium held last week in Shanghai, executives from Flexport and Polar Air Cargo were optimistic on the prospects of a rebound for Asian Air Cargo. Recognizing the “depressing story” that has unfurled during the first quarter of 2019, Neel Jones Shah, EVP & […]
  • Charles Kauffman
  • April 25, 2019

CFA: JD Logistics’ cross-border expansion to rely mostly on partner capacity

During a fireside chat last week in Shanghai at Cargo Facts Asia, Stard Huang, President of International Business at e-tail giant JD.com’s logistics arm JD Logistics, outlined the company’s strategy regarding when it will rely on its own logistics network for filling orders placed through JD.com and its affiliated sites and when it will turn […]
  • Caryn Livingston
  • April 24, 2019

Cargo Facts Asia: MAX groundings intensify strain on 737NG feedstock

In recent weeks, 737 MAX operators have pushed cancellations further out into the summer as Boeing works with US regulators to modify software related to the aircraft’s Maneuvering Characteristics Augmentation System (MCAS), which is suspected to have played a role in two crashes involving the MAX 8. Even though MAX series aircraft could take to […]
  • Charles Kauffman
  • April 18, 2019
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