The coordinated efforts of a group of aviation leaders have resulted in a B747 freighter carrying 50 tonnes of urgently-needed Covid relief aid, including life-saving oxygen machines, arriving in New Delhi this week. ➤
Cainiao Smart Logistics Network, the logistics arm of Alibaba Group, is launching a series of consumer-centric logistics upgrades aimed at customers in Singapore and Malaysia. ➤
Freight payment platform PayCargo announces a USD 125 million Series B investment by global venture capital and private equity firm Insight Partners. ➤
The global freight forwarding market is expected to see steady growth with a CAGR of more than 4.0 per cent between 2021 and 2026 on the back of surging Asia Pacific markets, according to a new study by Research and Markets. ➤
American Airlines Cargo is further expanding its European network with the reintroduction of service to the Greek capital of Athens. ➤
Chinese e-commerce company JD.com launches its first cargo flight between China and the US on June 7, Nanjing Lukou International Airport (NKG) and Los Angeles International Airport (LAX). ➤
Xeneta, a globalocean and air freight rate benchmarking platform and container shipping index, announces the integration of CLIVE Data Services’ ‘dynamic loadfactor’ data and analyses. ➤
Lufthansa Cargo completes 50th ‘preighter’ connection from Frankfurt (FRA) to Chicago (ORD) for the forwarding company EgeTrans Internationale Spedition based in the German state of Baden-Württemberg. ➤
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