Kuehne+Nagel has completed the acquisition of Chinese forwarder Apex International with a purchase price of more than US$1.2 billion (CHF 1.1 billion), adding significant forwarding expertise, particularly on the transpacific and intra-Asia routes. The forwarder says it will offer customers a 'compelling' value proposition in the competitive Asian logistics industry, especially in e-commerce fulfilment, hi-tech and e-mobility. Also read: Kuehne+Nagel teams up with pharma distributor … [Read more...] about Kuehne+Nagel completes Apex acquisition
air cargo freight
DHL Express dedicates flights to SGN, PEN
DHL Express is making minor tweaks to its air network in Asia Pacific to meet the ecommerce boom that has spread across the region, particularly in Vietnam and Malaysia. The express service provider will now operate direct flights to Penang (PEN) from its central Asian hub in Hong Kong (HGK), replacing the previous route connected via Ho Chi Minh (SGN). It will deploy its A300 for the Penang route five times a week and dedicate another A330 to serve SGN six times weekly. DHL said the … [Read more...] about DHL Express dedicates flights to SGN, PEN
Cainiao starts Zhengzhou-Budapest air cargo link
Cainiao Network has launched direct cargo flights last week between Zhengzhou and Budapest, Hungary to meet the growing consumer demand in Eastern Europe. The service, which started on 14 May, will operate five times each week with 17 tonnes of capacity each day. Cainiao, together with local customs bureau and logistics partners, has also developed a digitalised customs clearance system to cut the average process time to 6 hours. Hungary will be the first country in eastern Europe to use the … [Read more...] about Cainiao starts Zhengzhou-Budapest air cargo link
Polar Air Cargo obtains CEIV Pharma certification
Polar Air Cargo is set to fly more pharma shipments after the cargo operator and its sibling Atlas Air obtained the Center of Excellence for Independent Validators (CEIV) Corporate Pharma credential from IATA. In pursuing the credential, Polar Air Cargo adopted standard operating procedures and completed a multistep process to train ground and warehouse personnel, including its vendors. The certification is valid through 2024, which was granted with an independent audit. Lars Winkelbauer, … [Read more...] about Polar Air Cargo obtains CEIV Pharma certification
Hong Kong’s cargo volume up double digits in April
Press release Airport Authority Hong Kong (AA) released Hong Kong International Airport’s (HKIA) traffic statistics for April 2021. During the month, cargo throughput saw a year-on-year increase of 15.5 percent to 389,000 tonnes. HKIA handled 60,000 passengers and 10,375 flights, marking year-on-year increases of 89.0 percent and 9.9 percent, respectively. The surge in cargo volume last month was mainly attributed to a double-digit growth in imports. Despite a decline in transshipments due … [Read more...] about Hong Kong’s cargo volume up double digits in April
Cainiao shares Hainan plans, targets 800 cargo flights
Cainiao Network, the logistics arm of Alibaba, is establishing a strong logistics infrastructure at Hainan’s free trade zone as it looks to support trade between Singapore, Hainan and the Chinese Greater Bay Area. The company plans to make Hainan one of its key hubs by implementing technologies and digitalised services, as well as expanding its air network with new cargo routes to key countries for ecommerce like Japan, South Korea, Australia, New Zealand and Europe. Cainiao aims to fly over … [Read more...] about Cainiao shares Hainan plans, targets 800 cargo flights