Kerry Logistics and Wincantonhave signed a jointventure agreement to provideinternational supplychain solutions for customersshipping goods betweenthe Far East and Europe. With the increasing demandfor products manufacturedand sourced in Asia,the joint venture will enablecustomers to maintain asingle logistics relationshipfrom manufacturing plantsin the Far East through tostores across Europe andvice versa. Kerry Logistics isan Asia-based China-focused3PL company, providingpan-China logistics … [Read more...] about Kerry Logistics and Wincanton sign JV agreement
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Shippers’ support 3rd terminal at HKIA
The Hong Kong Shippers'Council has come outin support of a proposalto build a third air cargoterminal at the Hong KongInternational Airport as itwill introduce increasedcompetition for more efficientcargo handling andbetter costing. In his message in theShippers' Today, HKSCchairman Willy Lin saidthe new terminal operator,which will be determinedthrough bidding, shouldguarantee that they will passon lower costs to shippers sothere will be less defectionto neighbouring airports. "Cost … [Read more...] about Shippers’ support 3rd terminal at HKIA
Jade Cargo further expands network
Chinese all-cargo carrierJade Cargo Internationalhas added four more destinationsto its flight schedulewith the delivery of its thirdfreighter in February. Jade Cargo took deliveryof the factory-new B747-400ER freighter from AmentumCapital, an Irelandbasedaircraft lessor. New destinations servedby Jade Cargo Internationalare Shanghai-Pudong,Luxembourg, Leipzig andStockholm. Jade Cargo will add twoweekly flights from Shenzhento Leipzig, routed backvia Stockholm, as well as aweekly link … [Read more...] about Jade Cargo further expands network
Yangtze River makes inaugural US-China flight
Yangtze River Express last monthmade its inaugural B747 freighterflight from Boston to Shanghai, witnessedby Massachusetts GovernorDeval Patrick, Boston Mayor ThomasMenino, representatives from Massportand the airline, Pacific Businessreported. The flight marked the first directair service of any kind between NewEngland and China, according to astatement from Massport. Officialsfrom the airport said that the flight willprovide new opportunities to promotethe export of Massachusetts products … [Read more...] about Yangtze River makes inaugural US-China flight
Balance of power is shifting to Chinese players
The balance of power on Chinato Europe routes is shifting towardsChinese carriers, the World Air CargoForum in Dubai heard. Wolfgang Meier, head of owncontrolled capacity for forwarderPanalpina, noted the large amountof new capacity, most of it from Chinesecarriers, that was being put ontoChina-Europe routes, and also a shiftamong shippers. "The decision-making about logisticssupply chains is shifting fromoutside China to inside," he said. "Forexample, Huawei and Lenovo now … [Read more...] about Balance of power is shifting to Chinese players
TNT and FedEx run business in China alone
The world’s Big Four express namesgradually step into an independentrunning term in China - which hasnodded their activities of operatingwholly owned affiliates in the countryaccording to the commitments to itsWTO entry - coinciding with two acquisitions,China Transportation Watchreported. Holland-based TNT officially announcedthe completion of the HoauLogistics Group acquisition on March14. The Chinese authorities approved ita few days later. However, the companydeclined to unveil the … [Read more...] about TNT and FedEx run business in China alone
