Alibaba’s logistics arm Cainiao has launched an ‘industry-first’ reverse logistics channel between China and Hong Kong as it aims to simply the returns process for Taobao and Tmall shoppers. The reverse logistics channel will comprise 42 drop-off locations across Hong Kong island. The entire returns process will be handled by Cainiao, including digital customs clearance, which can be monitored on the Taobao app. Also read: Alibaba’s Cainiao to ship same day in 11 Asian countries The … [Read more...] about Cainiao starts cross-border parcel return service in Hong Kong
Courier & Mail
Hong Kong-listed firm to open world’s first cargo drone facility in Japan
Hong Kong-listed ESR Cayman, a logistics real estate platform, has started construction on a distribution centre in the greater Tokyo area which is expected to be the world’s first cargo drone logistics facility. Together with UK-based drone developer VRCO, ESR will design and demonstrate the ESR Higashi Ogishima DC–Phase 1, which will cover around 365,000 square metres of floor area and is expected to be a base for the electric vertical take-off and landing (eVTOL) airframes touted to move … [Read more...] about Hong Kong-listed firm to open world’s first cargo drone facility in Japan
Logistics tech startup Shippit nabs US$22m funding, eyes Southeast Asia growth
Sydney-based logistics startup Shippit has raised US$22.4 million (A$30 million) in a series B round led by US-based tech investment firm Tiger Global, as it looks to tap new markets in Southeast Asia. The e-commerce and logistics company said it will use the funds for product development and new hires, aiming to add another 100 people to double its staff across Asia Pacific, including 50 software developers. Also read: SingPost, Shippit team up to boost parcel delivery for … [Read more...] about Logistics tech startup Shippit nabs US$22m funding, eyes Southeast Asia growth
FedEx adds flights in Asia Pacific, tells online buyers to shop early
Anticipating peak volumes during the holiday season, FedEx has increased the number of weekly flights in and out of Asia Pacific, particularly the Asia-Europe route and flights into Australia from Asia. Culprit for the massive demand is none other than the rapid growth of e-commerce, with online sales from 11 countries in Asia Pacific predicted to reach $2.5 trillion in 2024. Also read: FedEx Express to open US$30 million Clark facility in April FedEx cited McKinsey data saying Asia has … [Read more...] about FedEx adds flights in Asia Pacific, tells online buyers to shop early
New joint venture targets e-commerce companies for parcel transport
Gebrüder Weiss and Chinese logistics company Global Freight System have set up a joint venture for parcel transport between China and Europe, with the former holding 65 percent of the Shanghai-based entity named Gebrüder Weiss Express China. “The growing trend towards e-commerce means that the volume of parcel shipments between Asia and Europe is also steadily on the rise,” a spokesperson noted. “We are now pooling our expertise in Europe and Asia with the aim of addressing both Asian and … [Read more...] about New joint venture targets e-commerce companies for parcel transport
FedEx acquires Cargex
FedEx Corp. (FDX) announced that it has agreed to acquire Cargex S.A., an international freight forwarding company with over 25 years of experience with a focus in export management of perishable goods, and Agencias de Aduanas Aduanamos S.A. Nivel 2, an affiliate of Cargex specializing in customs brokerage services. This addition strengthens the FedEx air freight forwarding and customs brokerage capabilities in Colombia and the broader Latin American region. The acquisition is expected to close … [Read more...] about FedEx acquires Cargex
