747 freighters for SF Express

The scramble for long-haul lift continues, with SF Express acquiring two 747-400ERFs. Two months ago, we posted about three 747-400ERFs, parked since Jade Cargo International went bankrupt in late 2011, that were put up for auction on Alibaba’s Taobao website. (Read the post here.) Yes, that’s right, after you had ordered your new smartphone, and […]
  • David Harris
  • November 21, 2017

YTO Express acquires OTEL to use as springboard for international expansion

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, global network of 52 offices […]
  • Charles Kauffman
  • May 17, 2017

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

Last week, Beijing-based JD.com 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 to a wide range of supply […]
  • Charles Kauffman
  • May 1, 2017

UPS reports strong all-round growth

UPS reported first-quarter net income up 2.4% y-o-y to $1.16 billion as revenue increased 6.2% to $15.32 billion. Operating profit for the quarter, however, was down 2.1% to $1.78 billion as fuel surcharge revenue lagged a big increase in fuel expense. In recent years, the quarterly reports from the world’s big express companies have often […]
  • David Harris
  • April 28, 2017

YTO goes west with new joint-venture airline and hub

Last week, executives from YTO Express, and its airline subsidiary, YTO Express Airlines, were in Shaanxi Province in central China finalizing an agreement to establish a new joint-venture cargo airline in the province’s capital city, Xi’an. The launch of Northwest International Cargo Airlines (as the airline will likely be known in English) will coincide with […]
  • Charles Kauffman
  • March 2, 2017

SF goes Ukrainian

China-based SF Express and Ukraine-based postal and express company Nova Poshta signed a partnership agreement under which the two will cooperate to provide fast delivery of packages from China to online shoppers in Ukraine. The service, which has been tested over the past few months, will offer full track and trace (through Nova Poshta) on […]
  • David Harris
  • January 13, 2017

Forwarders adapt to serve growing Chinese e-commerce market

Today we begin an analysis of trends in e-commerce with an overview of e-commerce growth around the world and a look at how airfreight forwarders are leveraging growing cross-border e-commerce volumes to boost airfreight consolidations. Tomorrow we’ll examine the way in which e-commerce is changing last-mile delivery to “last-mile pick-up.” If you would like to learn more […]
  • Charles Kauffman
  • August 22, 2016

Forwarders fight to recapture e-commerce market lost to Post

Japan’s largest international freight forwarder, Nippon Express announced a new deal to handle China-bound shipments originating in Japan for Alibaba’s TMall.com platform. Volumes of Japanese cosmetics and other consumer goods moving from Japan into China via e-commerce channels have never been greater – yet freight forwarders control only a sliver of this market. Japan Post […]
  • Charles Kauffman
  • August 9, 2016
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