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
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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
CMA CGM continues air fleet expansion with second B777F
CMA CGM welcomed its second Boeing 777F freighter as it announced an additional order for two more of the aircraft type at a ceremony signing held in Everett, WA on June 7. The international shipping company, which created its dedicated air cargo unit last year, plans to build up its fleet to a dozen aircraft by 2026. It took delivery of the maiden B777F earlier on 31 May, and with the second freighter, the company now counts six aircraft in its fleet, including four … [Read more...] about CMA CGM continues air fleet expansion with second B777F
Awery partners with IBS to drive digitisation of air cargo
Awery Aviation Software and IBS Software have teamed up to provide an enhanced solution for stakeholders across the air cargo and logistics supply chain. Awery can now deliver its CargoBooking and eMagic software platforms to IBS’ iCargo customers as part of the former’s ongoing strategy to drive digitisation across the sector. CargoBooking is an online booking portal that allows airlines and their GSAs to provide freight forwarders with real-time air cargo rate distribution and bookings … [Read more...] about Awery partners with IBS to drive digitisation of air cargo