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

Chinese fiscal reform could be a boon to e-commerce, says Alibaba

The Chinese Government’s sudden affinity for fiscal policy expansion is expected to boost consumer consumption and online business activity from small and medium enterprises (SMEs) through a series of pro-consumption fiscal policies, said Joe Tsai, EVP, Alibaba Group. Such fiscal policies also allay fears that new “e-commerce policies” – which aim to make gray-market transactions […]

• Charles Kauffman
• January 30, 2019

Top 4 Cargo Facts predictions for 2019

To all of our readers, Happy New Year, and our best wishes for a productive and prosperous 2019! As a prelude to what we are sure will be a busy first half of the year — at Cargo Facts as well, with the launch of our new innovation-focused Cargo Facts EMEA event in Frankfurt, 4-6 […]

• Caryn Livingston
• December 31, 2018

Breaking News: Amazon to lease 10 additional 767-300Fs from ATSG

Amazon agreed to lease ten additional freighter-converted 767-300Fs from Air Transport Services Group (ATSG) over the next two years to support the growth of its dedicated freighter network, the e-commerce giant announced today. The aircraft will be leased by ATSG’s leasing subsidiary, Cargo Aircraft Management (CAM), and operated on Amazon’s behalf by an ATSG-affiliate carrier in […]

• Charles Kauffman
• December 20, 2018

FedEx revenues rise, while Express trends worsen in 2QFY19

This week, Memphis-based FedEx reported a 9.3% year-over-year increase in revenue for its 2QFY19, ended 30 November, to US$17.82 billion. Operating income during the quarter was up only 4.8%, compared to a double-digit increase reported for 1Q, to $1.17 billion, and net income rose 20.6% to $935 million. The Express segment presented substantial headwinds for […]

• Caryn Livingston
• December 20, 2018

Alibaba’s eWTP lands in Belgium, to bring major Cainiao presence to Liège

The Government of Belgium and Alibaba signed a Memorandum of Understanding (MOU) today, to promote cross-border e-commerce between China and Europe by bringing Alibaba’s Electronic World Trade Platform (“eWTP”) trade hub to Belgium. A major component of the deal includes significant investments in physical infrastructure by Alibaba’s Smart Logistics platform Cainiao, which inked a contract […]

• Charles Kauffman
• December 5, 2018

Amazon’s potential threat to FedEx and UPS

More freighters are likely to follow the fortieth 767-300F delivered last month to Amazon Air’s fleet. Today, a research note from Morgan Stanley added that “the market is missing the risk” that Amazon Air poses to growth at United States-based integrators FedEx and UPS. Of course, the idea that Amazon may intend to become an integrator […]

• Caryn Livingston
• December 4, 2018

Amazon to open ‘air gateway’ and package-sorting facility at Wilmington

This month, Amazon announced plans to open a new “air gateway” and package-sorting operation at Wilmington Air Park. Yes, Wilmington — just sixty miles away from Amazon’s main air hub at Cincinnati/Northern Kentucky International Airport (CVG). Amazon Air currently operates out of more than twenty airports across the United States, with Wilmington (ILN) opening next year. The […]

• Chelsea Toczauer
• November 28, 2018