Okay Airlines, ATSG West Limited, Vipshop and two other joint venture parties have established China's latest express air cargo carrier aimed at serving multiple destinations within the Peoples Republic of China (including Hong Kong, Macau and Taiwan) and surrounding countries. The JV company will be named United Star Express Airlines Co. Ltd., registered in Tianjin's free trade zone (Dongjiang Free Trade Port Zone), with registered capital of 400 million RMB (US$63 million). It will be … [Read more...] about China’s newest cargo airline: United Star Express
air cargo
China's newest cargo airline: United Star Express
Okay Airlines, ATSG West Limited, Vipshop and two other joint venture parties have established China's latest express air cargo carrier aimed at serving multiple destinations within the Peoples Republic of China (including Hong Kong, Macau and Taiwan) and surrounding countries. The JV company will be named United Star Express Airlines Co. Ltd., registered in Tianjin's free trade zone (Dongjiang Free Trade Port Zone), with registered capital of 400 million RMB (US$63 million). It will be … [Read more...] about China's newest cargo airline: United Star Express
UPS expands services to 13 more cities in China
UPS has expanded its presence in 13 additional cities – in Jiangsu, Shandong, Zhejiang, Guangdong provinces, and in Chongqing Municipality – as part of its long term growth strategy in China. UPS said it has enhanced its services by improving transit times, extending cut-off times to tender shipments and deploying UPS knowledge and expertise. Customers in these cities will now have direct access to UPS's full portfolio of services, innovative technology solutions, first-in-class global … [Read more...] about UPS expands services to 13 more cities in China
iPhone 6s: China to US by airfreight for US 72 cents
Online freight rate quoting company, Freightos has estimated the cost of shipping the new iPhone 6s via air freight from China to the US would cost Apple US 72 cents per iPhone package. This includes local China trucking and distribution to retailers amounting to 17 cents, making the pure airfreight portion only 55 cents. Freightos undertook the exercise as a demonstration of its new private beta version of its online instant freight quote marketplace. "From some rough calculations, we … [Read more...] about iPhone 6s: China to US by airfreight for US 72 cents
Stifel Logistics Confidence Index sinks to a 26-month low
The Stifel Logistics Confidence Index saw a fourth consecutive month of decline in September. While the Index, at 51.5, remains above the neutral 50 mark, times may be gloomier that the numbers alone suggest, according to the Index's authors. Not only has the Index reached its lowest point in some 26 months, it also recorded its fastest pace of decline since June 2014, a 2.6 point loss against the 54.1 recorded in August. September's most concerning figure comes from the Logistics Situation … [Read more...] about Stifel Logistics Confidence Index sinks to a 26-month low
Lufthansa assists Red Cross on refugee bedding crisis
The German Red Cross and Lufthansa Cargo have flown more than 15,000 camp beds in recent days from North America to Germany. On Tuesday morning Lufthansa flight LH419 from Washington landed at the airline's hub in Frankfurt, with the B747-8I carrying approximately 1,000 camp beds. The remaining beds, divided over twelve flights, were transported to Frankfurt in the days preceding. The cargo airline undertook the transport at cost price. The total volume of the cargo amounted to nearly 120 … [Read more...] about Lufthansa assists Red Cross on refugee bedding crisis







