United Parcel Service (UPS) is making further steps to find new ways to help small businesses with sustainable solutions. Through its subsidiary UPS Flight Forward, the company plans to purchase electric vertical takeoff and landing (eVTOL) aircraft from startup Beta Technologies. Beta’s aircraft can carry 1,400 pounds of cargo capacity with a range of 250 miles and zero operating emissions. Also read: FedEx targets carbon-neutral operations by 2040 “With the capability to take off and … [Read more...] about UPS makes strides in sustainability with electric aircraft
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Shell invests in LanzaJet to drive SAF use in aviation
Energy conglomerate Shell has invested in sustainable fuel producer LanzaJet to accelerate the commercialisation of the latter’s alcohol-to-jet technology and scale up the production of sustainable aviation fuel (SAF) to drive the decarbonisation of the aviation industry. The investment comes as LanzaJet continues its work to build the first alcohol-to-jet (AtJ) facility in Soperton, Georgia, which is scheduled to start operations in 2022. The commercial-scale plant is expected to produce 10 … [Read more...] about Shell invests in LanzaJet to drive SAF use in aviation
Top German firms launch ‘new era’ of cargo flights on SAF
Air freight can now be transported with zero carbon dioxide tailpipe emissions, DB Schenker and Lufthansa Cargo claim after both companies jointly launched the first regular carbon neutral cargo flight in history on 1 April, Thursday, April Fools, not kidding. The airline’s B777F took off of at 9:14 hours (local time) from Frankfurt (FRA) bound for Shanghai Pudong (PVG) to jump start the weekly flights on sustainable aviation fuel, which is expected to save around 174 metric tonnes … [Read more...] about Top German firms launch ‘new era’ of cargo flights on SAF
8th PLA Awards now open for nominations
Regional air cargo and logistics publication Payload Asia is pleased to announced that nominations are now open for the 8th edition of the Payload Asia Awards. In its eighth edition, the PLA Awards promises a much bolder awards ceremony to celebrate the remarkable achievements of industry leaders and forward thinkers in the air cargo and logistics supply chain. This year we’re bringing back categories from the earlier editions of the awards as we give recognition to the companies that … [Read more...] about 8th PLA Awards now open for nominations
Kerry Logistics revenue up 30 percent in 2020
Announcing the company’s 2020 results, William Ma, group managing director of the Kerry Logistics Network (KLN) Group thanked colleagues and business partners for achieving record year in terms of revenue and core net profit. This he said clearly demonstrated the logistics company’s ‘resilience and capability to evolve through the pandemic.’ Kerry Logistics recorded revenue of US$6.7 billion (HK$53.7 billion) up 30 percent over 2019, as operating income climbed 20 percent to US$420 … [Read more...] about Kerry Logistics revenue up 30 percent in 2020
The Greater Bay Area: How will China’s answer to Silicon Valley push on?
In recent years, China launched the world’s longest sea bridge connecting Hong Kong, Macau and Zhuhai. The Hong Kong-Zhuhai-Macau Bridge, as it is known, spans 36 kilometers and is estimated to have cost over 100 billion yuan (€12.95 billion). At least 15 years in the making, it was also one of the world’s most challenging projects in infrastructure. In many ways, the mega bridge represents the breadth and scope of Chinese President Xi Jinping’s grand plan to turn Hong Kong, Macau, and … [Read more...] about The Greater Bay Area: How will China’s answer to Silicon Valley push on?