JD Logistics is planning an air cargo company as it plans to expand its integrated supply chain services globally, the company’s CEO of logistics, Yui Yu, told Bloomberg in an interview. Yu said the company has been recently approved by Chinese authorities, with plans to purchase or lease planes for cargo use. "We purchase planes or lease them, and the cargo freight business should comply with local laws and regulations [of the countries we operate],” explained Yu when asked about the … [Read more...] about JD Logistics targets 100 planes by 2030
air cargo freight
Dubai bans cargo imports at DXB to clear backlog
Dubai will restrict imports of cargo into its international airport for six days from Tuesday to clear a backlog caused by “extraordinarily high” volumes of inbound shipments. Cargo handler dnata told the Financial Times that restrictions would include cargo in transit to other destinations in the UAE with only certain essential items exempted from the ban. “We are currently working around the clock to clear the backlog of unprocessed cargo at Dubai International Airport, caused by … [Read more...] about Dubai bans cargo imports at DXB to clear backlog
SAL nabs cargo handling deal with Qatar Airways in Saudi
Saudi Logistics Services, more commonly known as SAL, has signed a cargo ground handling agreement with Qatar Airways Cargo, to provide comprehensive ground logistics support at Saudi Arabia’s main airports, including Riyadh, Jeddah, Dammam, and Medina. SAL said this agreement is in line with one of its strategic growth initiatives of increasing the number of partnerships with leading regional and global airlines that have high cargo shipping capacities. Hesham Alhussayen, CEO of SAL, said … [Read more...] about SAL nabs cargo handling deal with Qatar Airways in Saudi
Geodis to open contract logistics facility in India
Geodis is looking to enhance its contract logistics capabilities in India with the planned launch of a multi-user facility in Luhari, Haryana, slated to open in March next year. The move comes amidst India’s e-commerce boom which has seen an unprecedented demand for contract logistics offerings, particularly advanced warehousing solutions for retailers. “The shift towards online shopping and omnichannel platforms, accelerated by the pandemic, has compelled retailers to seek logistics … [Read more...] about Geodis to open contract logistics facility in India
Parent company weighs minor stake sale in MASkargo
Malaysia Aviation Group Bhd is weighing the sale of a minor stake in its air cargo unit to a strategic partner, according to people familiar with the matter. The parent of Malaysia Airlines Bhd. has invited banks to submit proposals as it seeks ways to expand the business, the people said, asking not to be identified because the information is private. A deal could value the unit, known as MASkargo, at more than $1 billion, the people said. Malaysia Aviation Group may also seek as much as … [Read more...] about Parent company weighs minor stake sale in MASkargo
Air cargo messaging solution finds way into Southeast Asia
SmartKargo has now embedded advanced encrypted messaging into its ecommerce shipping solution for free to its airline clients, including low-cost carrier Air Asia in Southeast Asia. Air Asia, through its air freight unit Teleport, recently implemented the EDIfly messaging solution with its ground handling partners in Indonesia, Payload Asia learned. SmartKargo said the platform facilitates exchanges for a growing number of partners in ground handling and warehouse management, airline … [Read more...] about Air cargo messaging solution finds way into Southeast Asia