The global e-commerce logistics market grew 27.3% in 2020, according to the latest data from Transport Intelligence, reflecting a surge in e-commerce demand, exacerbated by the coronavirus pandemic. With a market share of 41.6% globally, Asia Pacific represents the world’s largest market, with China leading the way. 2020 growth The Asia Pacific e-commerce logistics market grew 22% in 2020. Valued at around €153b, it is the largest regional market, accounting for 41.6% of the global total. In … [Read more...] about Asia Pacific to take lead in ecommerce logistics
cargo aviation
PLG: Turning market gaps into opportunities
When the first wave of coronavirus cases prompted Singapore to implement a circuit breaker, Pacific Logistics Group was in charge of storing the country’s food supply. As one of the leading homegrown logistics companies in the city state, PLG is playing a crucial role in supply chains across Southeast Asia. Operating across 20 locations in 11 countries, the company handles air freight for perishables and livestock and provides warehousing solutions for frozen and chilled food. With limited … [Read more...] about PLG: Turning market gaps into opportunities
Western Sydney Airport opens up to air cargo operators
Western Sydney Airport looks to capitalise on air freight as it opened up for registrations of interest for companies looking to set up cargo operations in Australia’s soon-to-be air hub. Registrations of interest are sought specifically from existing cargo terminal operators, the airport noted. Cargo operators or handlers at major airports that need a standalone facility are also welcome to apply. Chief executive Simon Hickey is eyeing to become one of Australia’s most important air cargo … [Read more...] about Western Sydney Airport opens up to air cargo operators
ST Engineering, EFW sign A321P2F orders for Irish lessor
ST Engineering and Airbus’ joint venture, Elbe Flugzeugwerke (EFW), announced an order for four Airbus A321 passenger-to-freighter (P2F) conversions from Dublin-based leasing company GTLK Europe. The aircraft lessor says the single-aisle converted freighter, is an important complement to its portfolio as it looks to meet the increasing demand in the express and e-commerce cargo market. According to its website, GTLK Europe has more than a dozen Airbus narrowbody jets in its sea and air … [Read more...] about ST Engineering, EFW sign A321P2F orders for Irish lessor
Boeing eyes Latin America for B737 freighter conversions
Boeing has announced a new partnership with MRO provider COOPESA (Cooperativa Autogestionaria de Servicios Aeroindustriales) to add more freighter conversion capacity for the 737-800 in Latin America over the next few years. The US-based aircraft manufacturer predicts demand to reach 1,500 freighter conversions over the next 20 years thanks to growing demand from express and e-commerce markets. Boeing forecasts nearly 30 percent of that demand coming from North and Latin America, with around … [Read more...] about Boeing eyes Latin America for B737 freighter conversions
HAFFA elects Jet-Speed’s Gary Lau as new chairman
The Hong Kong Association of Freight Forwarding and Logistics Limited (HAFFA) last week elected Gary Lau of Jet-Speed Air Cargo Forwarders (HK) Limited as chairman for a two-year term at its annual general meeting, held on 27 April. HAFFA said it has been an ‘extraordinarily busy' year for what has been an unprecedented time: "When COVID-19 vaccines became available at the end of 2020, the group immediately called on the Civil Aviation Authority (CAD) to prioritise the facilitation of … [Read more...] about HAFFA elects Jet-Speed’s Gary Lau as new chairman
