Teleport, the air logistics unit of Capital A, and VietJetAir Cargo have signed a memorandum of understanding (MoU) at the Air Cargo Southeast Asia 2023 event last week. The partnership will enable Teleport and VietJetAir Cargo to mutually extend their networks, combining Teleport’s Southeast Asia air cargo network of over 80 destinations with VietJet’s global flight network. Francis Antony, Cargo Group Head of Teleport, commented: “Our partnership with VietJetAir Cargo is timely as … [Read more...] about Teleport, VietJetAir Cargo team up in Southeast Asia
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Jettainer, PACTL to open ULD leasing hub in Shanghai
Jettainer and PACTL West, a ground handler at Shanghai Pudong International Airport Public Cargo Terminal, have entered into a strategic cooperation agreement, which will see the establishment of a new hub for Jettainer’s lease&fly ULD leasing service at Shanghai Pudong International Airport (PVG). This is the fourth location for Jettainer’s lease&fly hub after Frankfurt, Abu Dhabi and Hong Kong. PACTL West, as the strategic cooperation partner, will be responsible for handling and … [Read more...] about Jettainer, PACTL to open ULD leasing hub in Shanghai
Scan Global Logistics enters South Korea
Scan Global Logistics is strengthening its market position and global presence as it enters South Korea as a new market with the acquisition of long-term partner ENK Logistics. The acquisition, which will see ENK operate under the SGL brand, aligns with the former's strategy to establish its presence in the world’s largest economies, citing South Korea’s well-established position in the trade markets of Southeast Asia, with a business-friendly and efficient regulatory environment. The … [Read more...] about Scan Global Logistics enters South Korea
SingPost’s Australian unit eyes purchase of Border Express
Freight Management Holdings or FMH, a subsidiary of Singapore Post, has entered into a conditional sale and purchase agreement with the shareholders of Border Express, for a maximum purchase consideration of A$210 million, or approximately S$183 million. Border Express is considered the 6th largest national transport and distribution services company in Australia with comprehensive freight connectivity, warehouses and regional centres. It provides end-to-end interstate logistics services … [Read more...] about SingPost’s Australian unit eyes purchase of Border Express
Blended SAF powers Cebu Pacific’s Narita-Manila flight
Cebu Pacific became the first carrier in the Philippines to use sustainable aviation fuel from Japan as it operated its Airbus 321neo on flight 5J 5055 from Narita Airport to Manila on 25 October. The airline used 40 percent blended SAF produced by Neste Corporation and supplied by Itochu Corporation, which resulted in a 44 percent reduction in carbon emissions per passenger, a new record for its flights, Cebu Pacific claimed. Itochu, which acts as the branded distributor of SAF in Japan, … [Read more...] about Blended SAF powers Cebu Pacific’s Narita-Manila flight
Singapore air cargo slips in Q3 as traffic with India grows
Singapore Changi Airport saw its air freight throughput slip 4 percent year on year in the third quarter as falling demand in previous months gradually eased during the quarter, led by improvements in trans-shipment volumes. The airport recorded 451,000 tonnes of air cargo for the third quarter, with September volumes staying flat at 154,000 tonnes, on par with what was carried in the same month last year. For the period from July to September, Changi’s top five air cargo markets comprised … [Read more...] about Singapore air cargo slips in Q3 as traffic with India grows