Cainiao has added another airline partner to its growing logistics network as it promises online consumers delivery within 3 days in Southeast Asia. Alibaba’s logistics arm announced a partnership with Hong Kong Air Cargo to launch cargo flights to Southeast Asia via Cainiao’s eHub in the world city. 'Phase 1' of this new partnership will see seven weekly flights from Hong Kong to Manila, as well as three and six flights each week to Kuala Lumpur and Bangkok, respectively. The integration of … [Read more...] about Cainiao, Hong Kong Air Cargo team up on e-commerce
Cainiao
Cainiao, Saudia Cargo form air bridge to boost e-commerce
Cainiao Network and Saudia Cargo has announced a partnership to form a China to Europe air bridge that will link Asia, Europe and the Middle East to meet the growing e-commerce demand. The partnership will see the carrier operate five weekly flights from Hong Kong to Liege in Belgium, with Riyadh city as a connection point. According to Cainiao, the Middle East is one of its top five overseas markets, with shipment volume growing 20 percent year-on-year. With the launch of new flights, … [Read more...] about Cainiao, Saudia Cargo form air bridge to boost e-commerce
Payload Asia’s roundup for February
In the month of February we saw Cainiao stay open to push deliveries during the Chinese Lunar Year break, CMA CGM forming its own air cargo division, Kerry Logistics and Kuehne+Nagel announcing mergers to expand in Asia, engine parts falling from the sky, as well as some of the world's top carriers joining Unicef's airfreight initiative to support the delivery of vaccines. In this edition of Payload Asia's roundup, we look at some of the B2B updates around the globe in the air cargo and … [Read more...] about Payload Asia’s roundup for February
JD.com eyes US$5 billion IPO for logistics unit
Chinese e-commerce giant JD.com is eyeing to list its shipping business JD Logistics in Hong Kong as it looks to ride on China’s post-coronavirus e-commerce boom. The IPO is expected to raise around $5 billion, which would value the logistics unit at about $40 billion, Bloomberg earlier reported. If the public offering pushes through, JD.com is poised to become China’s second-most valuable delivery company after Shenzhen-listed SF Express, according to South China Morning Post. The move … [Read more...] about JD.com eyes US$5 billion IPO for logistics unit
No shutdown for Cainiao Network during CNY holiday
Cainiao Network, the logistics arm of e-commerce giant Alibaba, will invest HK$5 million (US$645,000) to keep logistics operations running during the upcoming Lunar New Year festivities, which typically lasts two weeks. The logistics provider of Taobao and Tmall explained that this ‘value-added’ service means businesses in Mainland China and Hong Kong will be able to continue their sales and deliveries even during the traditional Lunar New Year shutdown, and Hong Kong consumers will be able … [Read more...] about No shutdown for Cainiao Network during CNY holiday
Alibaba’s Cainiao launches cargo container booking service
Alibaba’s logistics arm Cainiao launched its container booking service for air and sea freight last week, in response to the global container shortage that had driven up shipping costs to record highs. Cainiao said the service spans over 200 ports in 50 countries, and it would offer 30-40 percent lower cross-border port-to-port shipping fees against the average market rate. The service will cover Chinese ports in Beijing, Shanghai, Guangzhou, Shenzhen, Tianjin, Hangzhou, and Yiwu. A … [Read more...] about Alibaba’s Cainiao launches cargo container booking service
