Cainiao Network has made a partnership move with small businesses and startups in South Korea which will see the company become the official provider of logistics services for enterprises that want to export. The logistics unit, signing an MoU with Korea SMEs and Startups Agency (KOSME), is looking beyond Alibaba with its services and opening up to merchants, retailers and the like to make it easier for them to markets outside the country. Cainiao will be KOSME’s official logistics partner … [Read more...] about Cainiao to become logistics partner of SMEs in Korea
Express
DHL Express dedicates flights to SGN, PEN
DHL Express is making minor tweaks to its air network in Asia Pacific to meet the ecommerce boom that has spread across the region, particularly in Vietnam and Malaysia. The express service provider will now operate direct flights to Penang (PEN) from its central Asian hub in Hong Kong (HGK), replacing the previous route connected via Ho Chi Minh (SGN). It will deploy its A300 for the Penang route five times a week and dedicate another A330 to serve SGN six times weekly. DHL said the … [Read more...] about DHL Express dedicates flights to SGN, PEN
Cainiao starts Zhengzhou-Budapest air cargo link
Cainiao Network has launched direct cargo flights last week between Zhengzhou and Budapest, Hungary to meet the growing consumer demand in Eastern Europe. The service, which started on 14 May, will operate five times each week with 17 tonnes of capacity each day. Cainiao, together with local customs bureau and logistics partners, has also developed a digitalised customs clearance system to cut the average process time to 6 hours. Hungary will be the first country in eastern Europe to use the … [Read more...] about Cainiao starts Zhengzhou-Budapest air cargo link
Cainiao shares Hainan plans, targets 800 cargo flights
Cainiao Network, the logistics arm of Alibaba, is establishing a strong logistics infrastructure at Hainan’s free trade zone as it looks to support trade between Singapore, Hainan and the Chinese Greater Bay Area. The company plans to make Hainan one of its key hubs by implementing technologies and digitalised services, as well as expanding its air network with new cargo routes to key countries for ecommerce like Japan, South Korea, Australia, New Zealand and Europe. Cainiao aims to fly over … [Read more...] about Cainiao shares Hainan plans, targets 800 cargo flights
Chinese luxury demand spurs new Cainiao air cargo route
Alibaba’ logistics arm Cainiao Network plans to launch direct cargo flights between Singapore and Hainan to ferry duty-free international products, including signature handbags and watches, to satisfy the insatiable demand for luxury brands in China. The logistics company is launching seven charter flights per week between Singapore and the Chinese free trade port via travel hotspots Sanya and Haikou. It also plans to open more direct cargo routes to link Japan, South Korea, Australia, New … [Read more...] about Chinese luxury demand spurs new Cainiao air cargo route
Toll Group to sell express unit for US$386 million
Melbourne-based logistics provider Toll Group announced it has agreed to sell its express business to Australian private equity firm Allegro Funds for A$500 million (US$386 million), according to a press release. The Japan Post subsidiary said the move is consistent with its strategy to focus on its logistics strengths in Asia Pacific, particularly in contract logistics and freight forwarding. Also read: ESR Australia to buy logistics assets portfolio for US$3b “We have spent the last … [Read more...] about Toll Group to sell express unit for US$386 million