JD.com, a leading supply chain-based technology and service provider, through subsidiary JD Property Group Corporation, has made its first UK transaction with the purchase of a 361,000-sqft warehouse in Milton Keynes from the client of Abrdn. JD Property Group Corporation, which develop logistics and industrial infrastructure, has a combined gross floor area (GFA) of over 200 million square feet under management, with a warehouse network that covers China, Southeast Asia, and Europe. Cen … [Read more...] about JD.com buys 361,000-sqft warehouse in the UK
express logistics
SATS eyes growth in HK with new cold chain facility
SATS subsidiary Asia Airfreight Terminal Co. Ltd. (AAT) has unveiled its new on-airport temperature-controlled facility, dubbed AAT COOLPORT, at Hong Kong airport, as the company looks to grow its handled volume for perishable and pharmaceutical air freight. Parent company SATS, who increased its controlling stake at the Hong Kong ground handler last year, said the new facility was designed with reference to the COOLPORT facility at Singapore’s Changi Airport. The AAT COOLPORT’s dedicated … [Read more...] about SATS eyes growth in HK with new cold chain facility
DHL Express injects €104m into Munich gateway
DHL Express Germany last week held a groundbreaking ceremony for a new 11,000-sqm facility at Munich Airport (MUC) as it looks to expand amidst growing shipment volumes at the Munich gateway. The express integrator will invest €104 million for the new building which will be seven times larger than the warehouse it currently rents at Munich Airport's cargo center. Markus Reckling, Managing Director at DHL Express Germany explained that the bigger facility and its location will translate … [Read more...] about DHL Express injects €104m into Munich gateway
HPW Cargo to trade air freight capacity on Airblox
Airblox, a new online marketplace that allows users to trade electronic block space agreements (eBSAs™), has added Vietnamese freight forwarder HPW Cargo. The Hanoi-headquartered freight forwarder, with offices in Ho Chi Minh City, as well as Hai Phong and Noi Bai airports, will now list its recurring block space agreement (BSA) positions on the Hanoi to Frankfurt lane this summer. Established in 2009, HPW Cargo offers a full range of services, including air freight, … [Read more...] about HPW Cargo to trade air freight capacity on Airblox
ATR appoints new chief
Regional aircraft manufacturer ATR, along with board members Airbus and Leonardo, has appointed Nathalie Tarnaud Laude as new chief executive officer, effective 17 September. Nathalie, who joined Airbus in 2005, is currently NHIndustries’ president and senior vice president head of the NH90 programme for Airbus Helicopters. Before that, she held various senior positions at Airbus in strategy, programme, technology and finance. Nathalie will replace Stefano Bortoli who spent four years as … [Read more...] about ATR appoints new chief
JAL banks on digitisation with cargo.one partnership
Following the launch of cargo.one in Japan earlier this month, Japan Airline’s cargo division has announced an international partnership with the air cargo booking marketplace as the airline looks to prioritize transactions online and accelerate its digital transormation. The carrier’s capacity from the Tokyo hub will now be available for air freight forwarders as they get to easily search, book, amend and track JAL cargo space in real time with just a few clicks. The flag carrier … [Read more...] about JAL banks on digitisation with cargo.one partnership
