Cainiao Network has announced plans to launch a series of chartered flights from Malaysia to provide intra-Asia capacity and enhance air freight connectivity in the region. The first chartered flight will run weekly from Kuala Lumpur (KUL) to Shenzhen (SZX) via the newly launched Cainiao Aeropolis eWTP Hub at the Kuala Lumpur International Airport (KLIA). The Kuala Lumpur-Shenzhen chartered flight will operate thrice a week, with a 13-tonne capacity to deliver Malaysian exports, including … [Read more...] about Cainiao to kickstart chartered flights from Kuala Lumpur hub
e-commerce
Sealed Air: From Bubble Wrap to smart packaging
Who would have thought that what was once invented as a 3-D wallpaper would find its way to revolutionize packaging? The bubble wrap, as we all have popped more than once when we were kids, has come a long way from its heavy industry use to everyday packaging for perishable food and for high-value and general e-commerce shipments. As one of the pioneers in the packaging business, Sealed Air has certainly seen how the market has changed over the years, particularly over the last year in which … [Read more...] about Sealed Air: From Bubble Wrap to smart packaging
Air cargo messaging solution finds way into Southeast Asia
SmartKargo has now embedded advanced encrypted messaging into its ecommerce shipping solution for free to its airline clients, including low-cost carrier Air Asia in Southeast Asia. Air Asia, through its air freight unit Teleport, recently implemented the EDIfly messaging solution with its ground handling partners in Indonesia, Payload Asia learned. SmartKargo said the platform facilitates exchanges for a growing number of partners in ground handling and warehouse management, airline … [Read more...] about Air cargo messaging solution finds way into Southeast Asia
Australia Post delivers record revenue on e-commerce
Australia Post last week announced record group revenue of $8.27 billion for FY21, up 10.3 percent, and a profit before tax of $100.7 million. The company's revenue was boosted by continued growth in e-commerce, with strong parcel growth. Parcels & Services revenue grew 17.7 percent to $6.48 billion, on the back of a 27.1 percent increase in Australia Post branded parcels, with StarTrack volumes up 12.1 percent. AP Global continued to grow the company's cross-border e-commerce … [Read more...] about Australia Post delivers record revenue on e-commerce
Asia Pacific to take lead in ecommerce logistics
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
JD Logistics IPO in Hong Kong moves back on track
JD.com, China's number 2 e-commerce company, has filed the draft prospectus to list its logistics unit with the Hong Kong’s stock exchange. A timing for the IPO was not disclosed but according to reports the company is eyeing to raise at least US$4 billion. Late last year, the company got $4.5 billion in June via a secondary listing and listed its online healthcare unit JD Health International Inc. and raised over $3.4 billion. It expects $40 billion valuation for JD Logistics. If … [Read more...] about JD Logistics IPO in Hong Kong moves back on track