In another milestone for the digital booking platform, cargo.one is making its foray into the Middle East market with a distribution agreement with Saudia Cargo. Freight forwarders will be able to book real-time quotes on the platform, with additional access to routes across the Middle East, Africa, Europe, Asia, and the US. Saudia will go live starting from the second quarter of 2021. “With cargo.one, we expect to further improve our operational efficiency. The pandemic has reinforced the … [Read more...] about cargo.one enters key Gulf market with Saudia Cargo
Cainiao
Cainiao bolsters air network from China to Americas
Cainiao Network has reached a special prorate agreement (SPA) with Atlas Air and LATAM Airlines as the company aims to address the limited cargo space between China and the Americas to deliver e-commerce parcels. The agreement will allow connection flights linking Hong Kong to Bogota, Colombia and Lima, Peru via Santiago, Chile or Sao Paulo, Brazil, where Atlas Air currently operates charter flights for Cainiao. The agreement is Cainiao’s first SPA on the Latin America route and carries … [Read more...] about Cainiao bolsters air network from China to Americas
Cainiao, Hong Kong Air Cargo team up on e-commerce
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, 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
