China’s Express companies unfazed by outward FDI crackdown

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 SF Express demonstrates, despite moving forward […]
  • Charles Kauffman
  • July 31, 2017

Everything is coming up roses for UPS

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, and operating income was up in […]
  • David Harris
  • July 27, 2017

SF Express Airlines opens new hub at Shanghai Pudong

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 SF to connect its expansive ground […]
  • Charles Kauffman
  • July 13, 2017

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

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 its e-commerce platform and last-mile delivery […]
  • Charles Kauffman
  • June 29, 2017

A record quarter for FedEx — plus mattresses and gym equipment, too!

FedEx reported revenue up 21.2% y-o-y in its fiscal fourth quarter (ended 31 May) to a record $15.73 billion. Net income for the quarter was $1.02 billion, up from a net loss of $68 million in 4QFY16, and operating income for the quarter was $1.58 billion (compared to a $70 million loss). As usual, though, […]
  • David Harris
  • June 23, 2017

Chengdu launches air cargo development scheme

With air freight demand expected to soar across west and central China, cargo carriers and forwarders have a choice when it comes to selecting sites to develop their regional hubs. Although geography and infrastructure are among the top considerations, government subsidies and preferential policies are two factors which absolutely must be considered in China’s case. Many […]
  • Charles Kauffman
  • June 20, 2017

HNA Modern Logistics lifts off – with Atlas Air

Ten days ago, we reported that China-based HNA Group had established a new subsidiary in the north-central city of Xi’an. HNA Modern Logistics Group, as the company is called, will focus on developing Xi’an into a global airfreight hub, a hub which, according to CEO Zhang Weiliang, will become the “Chinese Memphis.” To twist a […]
  • David Harris
  • June 6, 2017

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

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. But, hype aside, what has […]
  • Charles Kauffman
  • June 5, 2017
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