The global e-commerce logistics market grew 27.3% in 2020, according to the latest data from Transport Intelligence, reflecting a surge in e-commerce demand, exacerbated by the coronavirus pandemic. With a market share of 41.6% globally, Asia Pacific represents the world’s largest market, with China leading the way. 2020 growth The Asia Pacific e-commerce logistics market grew 22% in 2020. Valued at around €153b, it is the largest regional market, accounting for 41.6% of the global total. In … [Read more...] about Asia Pacific to take lead in ecommerce logistics
E-commerce
MASkargo, DHL Express team up on door-to-door delivery
MAB Kargo Sdn Bhd (MASkargo) is set to launch a new door-to-door service in partnership with DHL Express Malaysia which will be available starting 24 April. The service will utilise a web portal to allow customers to get a quotation, book for delivery, pay online, print the consignment note and track the shipment. DHL Express Sdn Bhd will provide the back-end services of picking up and delivery of goods to recipients. “MASkargo’s business model has always been on the airport-to-airport … [Read more...] about MASkargo, DHL Express team up on door-to-door delivery
Cainiao, Hong Kong Air Cargo team up on e-commerce
Cainiao has added another airline partner to its growing logistics network as it promises online consumers delivery within 3 days in Southeast Asia. Alibaba’s logistics arm announced a partnership with Hong Kong Air Cargo to launch cargo flights to Southeast Asia via Cainiao’s eHub in the world city. 'Phase 1' of this new partnership will see seven weekly flights from Hong Kong to Manila, as well as three and six flights each week to Kuala Lumpur and Bangkok, respectively. The integration of … [Read more...] about Cainiao, Hong Kong Air Cargo team up on e-commerce
U-Freight poised for growing e-commerce market
Hong Kong-based forwarder U-Freight Group is poised to tackle the surging demand for logistics services from ongoing e-commerce growth, including new demand patterns in merchandising, warehousing, and distribution. It cited analyst reports indicating that increased focus on supply chain resilience and the societal shift to e-commerce are expected to affect the demand for logistics real estate in the coming years. “It helps justify our company’s early entry and on-going investment to meet … [Read more...] about U-Freight poised for growing e-commerce market
e-commerce logistics startup SiCepat raises US$170m
Indonesian startup SiCepat Ekspres, an e-commerce logistics provider, has raised $170 million in a series B round last week, as the company aims to expands its logistics capabilities in a bid to expand to other markets in Southeast Asia. Founded in 2014 to provide last-mile delivery for small merchants, the company has since extended its services to large e-commerce platforms, which now cover warehousing and fulfilment, middle-mile logistics and online distribution. Also read: Logistics … [Read more...] about e-commerce logistics startup SiCepat raises US$170m
Keeping up with eCommerce: Key focus areas for air cargo
The increase of work from home activity has accelerated digital adoption in many industries, with eCommerce, in particular, benefiting immensely. For many within the industry, it has been a year of record volumes as consumers moved purchases to online channels and organisations looked to diversify from traditional models. The benefits of growth have helped advanced plans for many in strengthening their eCommerce capabilities. Integrators have been busy extending infrastructure, whilst some … [Read more...] about Keeping up with eCommerce: Key focus areas for air cargo