CEVA Logistics has further expanded its reach in Southeast Asia with the opening of a new warehouse located in Bien Hoa City, Dong Nai Province in Vietnam. Strategically located near Ho Chi Minh City’s Tan Son Nhat International Airport (SGN), this new facility will provide connections to Vietnam’s eastern economic zone and is expected to address the storage and distribution needs across various industries. The multiuser distribution centre, spanning 10,000 square metres, was designed … [Read more...] about CEVA Logistics opens new warehouse in Vietnam
e-commerce
Air cargo makes profit for Asia’s smaller airlines
Whilst most carriers in Asia suffered dismal numbers for 2020 after witnessing the collapse of international airline operations brought about by the COVID-19 pandemic, there were some who banked on air cargo to rake in profits despite a challenging year. For the quarter ended 31 December 2020, Indian express operator Blue Dart posted ₹937.83 million (US$12.8 million) in profit after tax, from the previous year’s ₹330.80 million (US$4.5 million) loss, whilst revenue from operations stood at … [Read more...] about Air cargo makes profit for Asia’s smaller airlines
Liege Airport weathers 2020; tonnage up 24 percent
Liege Airport was one of the few airports in Europe and the world to perform well despite the nightmarish 2020, thanks to its full-cargo operations. The cargo hub saw a 24 percent increase in tonnage to 1,120,643 tonnes from 902,480 in 2019. The total number of cargo flights grew 10.7 percent to 34,264 flights, with an increase in daytime flights. However, Liege said there was a lot of pressure on full cargo planes given the impact of Covid-19 on passenger transport, and airlines had to find … [Read more...] about Liege Airport weathers 2020; tonnage up 24 percent
DSV Panalpina completes Prime Cargo purchase
After approval from the competition authorities, DSV Panalpina has completed the acquisition of Prime Cargo and will take over its freight, warehouse and logistics operations in Denmark, Poland and China from Japan-based international forwarder Mitsui-Soko Group. “DSV Panalpina and Prime Cargo share the same values and way of doing business, providing high quality personal service at competitive prices, and together we will be able to achieve more,” noted Henrik Nielsen, executive vice … [Read more...] about DSV Panalpina completes Prime Cargo purchase
DHL Express outlines €750 million investment in Asia Pacific
DHL Express said it will invest around €690 million between 2020 and 2022 to build or expand its facilities in Australia, Japan, Hong Kong and South Korea. It also plans to spend close to €60 million to bolster its Asia Pacific air network with new direct and frequent flight routes. The expanded infrastructure and new flight routes across Asia Pacific are said to help the company tackle the unprecedented growth in shipment volume and address the demand for time-definite express deliveries. … [Read more...] about DHL Express outlines €750 million investment in Asia Pacific
Malaysia Airport’s new hub with Alibaba aims to bolster e-commerce, air cargo
The Cainiao Aeropolis eWTP Hub, Malaysia, a joint venture between Malaysia Airports and Alibaba, has officially started operations at Kuala Lumpur International Airport (KUL) and is expected to allow 24-hour delivery within the country. Formerly known as KLIA Aeropolis DFTZ Park, the e-fulfilment hub spans 60 acres (2.6 million sqft) with 1.1 million sqft of warehouse space and is expected to double KUL’s cargo volume to 1.4 million per year by 2029. Operated by Cainiao Smart Logistics … [Read more...] about Malaysia Airport’s new hub with Alibaba aims to bolster e-commerce, air cargo
