FedEx Express has announced a new route between Asia and Europe with flights connecting Beijing (PEK) to Charles de Gaulle (CDG) in Paris, which serves as the integrator's European hub. The new service will provide 10 connections each week via Kansai International Airport in Osaka, with extended cut-off time for same day outbound shipments from Beijing to Europe. Kawal Preet, AMEA president at FedEx Express, said the move comes amidst strong forecast demand, with trade between China and … [Read more...] about FedEx adds Asia-Europe capacity with new PEK-CDG route
Air Cargo Asia
IATA’s new North Asia head returns to Beijing
The International Air Transport Association (IATA) has elected Dr. Xie Xingquan as its Regional Vice President for North Asia effective 15 June. Xingquan, who has been with IATA since 2011, was most recently the association’s Assistant Director, Legal, based in Montreal. He will now relocate to the regional office in Beijing to oversee the group's activities across North Asia, where it has 40 member airlines. Dr. Xie has held various appointments in China, Canada and Singapore throughout … [Read more...] about IATA’s new North Asia head returns to Beijing
Vietnam’s IPP Air Cargo targets September launch
IPP Group has its fingers crossed as the company’s air cargo division anticipates its air operator certificate by the end of July, as well as the delivery of the first of four Boeing 737-800BCF freighters in the same month. Talking at an industry event last week, Philip Nguyen, IPP Travel Retail CEO, said the luxury retail conglomerate plans to start its air operations in September, with initial flights to Hong Kong and Singapore. The new carrier is currently in talks with Singpost and … [Read more...] about Vietnam’s IPP Air Cargo targets September launch
CEVA Logistics opens new warehouse in the Philippines
CEVA Logistics opened a new 14,000-square-meter facility in the Philippines earlier this month, as the company looks to enhance its capabilities for the Southeast Asian market. The warehouse will serve the electronics and F&B sector with a full range of warehousing, distribution and value-added services, including picking and packing, labeling, bundling, re-work, tax stamping and digital bottle printing. The facility has ambient and temperature-controlled and dangerous goods storage, … [Read more...] about CEVA Logistics opens new warehouse in the Philippines
Cainiao boosts parcel services to Pakistan and Bangladesh
Cainiao Network will serve as the official logistics provider for Pakistani e-commerce marketplace Daraz, including the over 1,800 merchants on the platform, a press release confirmed. The new cross-border shipping service is expected to cut around 10 percent in logistics costs and includes local pick-ups in China, first-mile sortation, international line-haul services, digital customs clearance, sorting, and after-sales customer service. Cainiao will provide air freight shipping services … [Read more...] about Cainiao boosts parcel services to Pakistan and Bangladesh
Hong Kong extends HK$7.8b bridge loan to Cathay
Cathay Pacific is staying committed to rebuilding connectivity at the Hong Kong air hub as the flagship airline welcomed the government's agreement to extend the drawdown period of the HK$7.8 billion loan facility until 8 June 2023. Airline chief Augustus Tang said the impact of the pandemic necessitated some very difficult decisions, including the restructuring in 2020 which included staff furloughs. He added that through this loan facility and recapitalisation, Cathay Pacific is coming … [Read more...] about Hong Kong extends HK$7.8b bridge loan to Cathay