DHL Supply Chain (DHL) plans to invest €500 million in India over the next five years as it looks to grow its warehousing capacity, workforce and sustainability initiatives in the country. The company plans to own and operate large multi-client sites in India, adding 12 million square feet of warehousing space, to cater to growing sectors like e-commerce, retail, consumer, life sciences, technology, engineering and manufacturing as well as automotive. These warehouses will feature tech … [Read more...] about DHL allots €500m to boost contract logistics in India
Asia Pacific air cargo
Meet IATA’s main guy for cargo in Asia Pacific
In an interview, Payload Asia talks to David Wee, IATA’s regional manager for operations, safety and security (cargo) in Asia Pacific, as he discusses the trade body’s strategy when it comes to developing air freight in the region. Can you tell us about your role and responsibilities with IATA? My role is to develop and execute IATA’s Cargo strategy and priorities for the Asia Pacific region. This includes engaging the air cargo community on sustainability, digitalization, safe carriage of … [Read more...] about Meet IATA’s main guy for cargo in Asia Pacific
Nordic holding firm to launch BBN Airlines Indonesia
Holding company BBN Cargo Airlines plans to establish a new airline based in Jakarta, Indonesia’s Soekarno-Hatta International Airport as it looks to capitalise on growth in the region. The newly established cargo airline BBN Airlines Indonesia has set up its operations on 31 August 31 and is in the process of getting the airline business license. BBN Cargo Airlines, which operates Iceland-based cargo airline Bluebird Nordic, said the license should be ready this year, as it hopes to gain … [Read more...] about Nordic holding firm to launch BBN Airlines Indonesia
Etihad to offer more belly space to China next month
Etihad Cargo will introduce an additional 30 tonnes of belly capacity via two weekly direct passenger flights to Guangzhou using a Boeing 777 starting 10 October, subject to regulatory approvals. This latest addition to the carrier’s network means that Etihad will become the first international airline to operate long-haul passenger and cargo services to China’s top three gateways since the start of the pandemic. In July, the carrier announced the introduction of direct passenger flights … [Read more...] about Etihad to offer more belly space to China next month
Yusen Logistics widens footprint in Germany
Yusen Logistics (Deutschland) GmbH is expanding and has opened a new branch with a modern sustainable complex in Altbach with around 10,000 square metres of warehouse and office space. The facility located east of Stuttgart will now become the new contract logistics site of Yusen Logistics as it looks to meet the demands of its customers, particularly those from the local automotive industry. The complex has a large storage area, equipped with high racks, and the loading halls have truck … [Read more...] about Yusen Logistics widens footprint in Germany
Xeneta secures US$80m in fresh funding
Freight rate benchmarking and analytics platform Xeneta has raised $80 million in a fund-raising round led by equity-backed firm Apax Digital. The Oslo-based startup said the injection of new funds now meant it was valued at $265 million. The company will use the funds to accelerate investments in platform development and to grow its global team as it looks to expand into new markets. Xeneta’s reporting and analytics platform provides shipping and air cargo stakeholders the data to … [Read more...] about Xeneta secures US$80m in fresh funding
