Alibaba doubles stake in YTO Express Alibaba injected 6.6 billion yuan, or $970 million, to double its stake in YTO Express, looking to boost its logistics network which relies on third-party logistics services. Alibaba has invested in major couriers from YTO’s home base of Tonglu through its logistics arm Cainiao. YTO commands a 14 percent share of China’s express delivery market, according to TechCrunch. In 2018, a Cainiao-YTO joint venture started building a digital logistics … [Read more...] about Payload Asia’s Weekly Recap
Emirates
Emirates links Dubai-Lebanon airbridge for Beirut support
In the wake of the Port of Beirut explosions, Emirates is providing critical emergency relief and aid to affected communities. Emirates SkyCargo is planning to operate over 50 freighter flights to deliver much needed airlift to Lebanon, a press release confirmed. The airline said that it has already been supporting disaster relief efforts in Lebanon through the dispatch of several charter flights carrying food, clothing and medical supplies, which have been donated by various grassroots … [Read more...] about Emirates links Dubai-Lebanon airbridge for Beirut support
Emirates SkyCargo completed over 10,000 flights from April to June
Emirates SkyCargo operated more than 10,000 cargo flights—a mix of scheduled, ad-hoc and charter operations—in the second quarter of the year, a press release stated. This allowed the movement of essential commodities for consumers and businesses, such as much needed medical supplies and food, as well as raw materials required for manufacturing and other industries. In May and June, Emirates SkyCargo operated more than 3,800 flights per month on average, covering approximately 37 … [Read more...] about Emirates SkyCargo completed over 10,000 flights from April to June
Emirates adds flights to Europe, China, Africa and the Middle East
Emirates will resume flights to Tehran (from 17 July), Guangzhou (from 25 July), Addis Ababa (from 1 August), and Oslo (from 4 August), rejoining its network across the Middle East, Asia Pacific, Africa, and Europe, the company said in a press release. Flight resumption will take the airline's passenger network to 62 destinations in August. This follows after Emirates and Etihad Airways recently resumed operating flights from Munich to Dubai and Abu Dhabi, respectively. With … [Read more...] about Emirates adds flights to Europe, China, Africa and the Middle East
Emirates resumes on-ground services for premium customers
Starting 1 July, Emirates' premium customers are once again able to enjoy the airline's signature Chauffeur Drive service (CDS) and airport lounge at its Dubai hub with the restart of these services following a full health and safety review. Emirates has implemented a comprehensive set of measures at every step of the customer journey to ensure the safety of its customers and employees. To start, Emirates will open one lounge in Terminal 3 Concourse B, Dubai International Airport (DXB) to … [Read more...] about Emirates resumes on-ground services for premium customers
Emirates SkyCargo marks a special milestone in Singapore
Emirates SkyCargo has completed 30 years of operations in Singapore. Over the course of three decades, the freight division of Emirates has successfully facilitated trade and supported business links between Singapore and the rest of the world. “Singapore occupies a very important position in the economy of South East Asia and is, therefore, one of our most important cargo stations around our global network. Over the years we have transported an important volume of cargo, over 185,000 tonnes … [Read more...] about Emirates SkyCargo marks a special milestone in Singapore