Air India is gearing up to play a key role in positioning India a global freight and logistics hub and has laid out initiatives to contribute to the development of an efficient air cargo supply chain for India's exports. The flag carrier has announced plans to grow its cargo capacity by 300 percent in 5 years and is looking to utilise space on its passenger planes to be able to move 2 million tonnes by 2028, with non-stop connection to key export markets. The move comes as India … [Read more...] about Air India sets massive 5-year plan for cargo
Leaderboard
e-commerce logistics
SingPost’s Li Yu on e-commerce, logistics and more
Singapore Post announced dividends in May as the group posted a record revenue of S$1.9 billion for the financial year 2022/2023, with the international business contributing around 90 percent of the total. In an unpredictable market environment, SingPost’s logistics unit contributed 90 percent of the total operating profit, serving as a buffer for the decline in the postal segment. The postal group is on the verge of transforming into a global e-commerce logistics enterprise with its recent … [Read more...] about SingPost’s Li Yu on e-commerce, logistics and more
MASkargo upgrades dolly fleet with digital tracker
Malaysian carrier MAB Kargo Sdn Bhd (MASkargo) is empowering its ground team to take complete control over ground operations as it rolled out a digital tracking solution for optimizing the use of its 20-ft dollies. There are 16 units in MASkargo’s dolly fleet and the new digital system will enhance utilization by automatically allocating units within the airport during peak hours and enhancing on-time performance. “There are only 16 units of the 20 footer in our fleet and these are … [Read more...] about MASkargo upgrades dolly fleet with digital tracker
Shaping the future of e-commerce logistics with JDL
A novel, even transformative, online shopping experience is quickly becoming the norm in China: products ordered and paid for during large-scale promotions like Single’s Day reach your doorstep within the same day or even a few minutes post-transaction. The country's express delivery service has witnessed an astronomical 30-fold growth in the last decade, handling over 100 billion parcels in 2022 alone. Serving as a tangible manifestation of the explosive ecommerce boom, spearheading … [Read more...] about Shaping the future of e-commerce logistics with JDL
Cainiao’s 10th year: Mastering e-commerce logistics
Cainiao turned 10 this year and has evolved from plugging existing gaps in the industry using proprietary technologies, to one that prioritizes customer-centricity. At the company’s recent global summit in June, the company pledged a new benchmark global delivery service, one that will take five working days across the smart logistics network that it is progressively building. The move is rightfully so given the influence of online shopping and e-commerce on logistics players and the need to … [Read more...] about Cainiao’s 10th year: Mastering e-commerce logistics
Cargo weighs on Korean Air in Q2
In its tentative non-consolidated results, Korean Air achieved a revenue of KRW 3.5354 trillion (US$2.693 billion) in its second fiscal quarter, up 6 percent year-on-year, following strong recovery of travel demand. Due to rising operation costs and airport fees, the airline posted a moderate operating profit of KRW 468 billion (US$ 356.5 million), down 36 percent compared to the same quarter last year. In the second quarter, the airline’s passenger business revenue soared 154 … [Read more...] about Cargo weighs on Korean Air in Q2
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