FedEx is looking to expands its footprint in India as it agreed to invest US$100 million in logistics startup Delhivery. The two companies have entered into a long-term commercial agreement where FedEx will focus on export and import services to and from India, whilst Delhivery will sell the former’s products and services and provide pick-up and delivery services across its pan-India network. As part of the deal, the leading integrator will transfer certain assets pertaining to its … [Read more...] about FedEx pumps $100m into Indian logistics startup Delhivery
air cargo freight
Silk Way West starts Mumbai-Baku cargo service
Last week Silk Way West Airlines launched a new weekly Boeing 747F service connecting India to Azerbaijan, which will see Mumbai as the second Indian city in its network. This new direct scheduled route will operate every Thursday, flying between Mumbai’s Chhatrapati Shivaji Maharaj International Airport (BOM) and Baku Heydar Aliyev International Airport (GYD). Silk Way West says this is the second route serving the Indian air cargo market launched this year, following the weekly service … [Read more...] about Silk Way West starts Mumbai-Baku cargo service
Dachser Asia Pacific offers air charter service to Mexico
Dachser is expanding its air freight network with a new weekly service connecting Asia Pacific to South America. In June, the transport specialist operated four cargo charter flights with partner Air Canada, connecting Hong Kong to Mexico via Canada. A Boeing 777C preighter was used for the service. This passenger aircraft had its seats removed to provide extra cargo space on the cabin. Also read: Dachser resumes HKG-FRA charter, boosts air network The weekly charter departed Hong Kong … [Read more...] about Dachser Asia Pacific offers air charter service to Mexico
PLA Global Wrap: Week 28
In week 28 of the PLA Global Wrap we feature recent appointments from last week, including IATA's Brendan Sullivan as global head of cargo and Marcus Campbell joining Hermes Logistics Technologies as its new chief technology officer. There's also recent update on Airbus' stand on the use of SAF after it signed a memorandum of understanding (MoU) with Canada-based SAF+ Consortium. We round up the industry updates with recent developments from the world's leading airlines, airports, cargo handlers … [Read more...] about PLA Global Wrap: Week 28
TAC Index platform introduces four new trade routes
Air freight rate data provider TAC Index has added several new important routes to its growing list of air cargo indices, a press release confirmed. The newly launched routes include Vietnam to Europe, US to China, US to South America and US to Europe, which would provide significant data and insights for any party interested in air cargo. TAC Index says its route indices, based primarily on raw transaction data from freight forwarders, are now starting to incorporate further data points … [Read more...] about TAC Index platform introduces four new trade routes
DHL Express to bolster staff at Kuala Lumpur export hub
Leading express service provider DHL Express announced yesterday that it will increase its workforce by 40 percent at its Asia Pacific Export Compliance Center (APECC) in Kuala Lumpur by the end of the year. Raymond Yee, vice president of customs and regulatory affairs at DHL Express Asia Pacific, said shipping across borders is a complex process involving different regulations and requirements for every country and agency, which is made even more complex with some countries having laws that … [Read more...] about DHL Express to bolster staff at Kuala Lumpur export hub