Asia Pacific freight forwarding market set for growth
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. ➤
Covid-19 fuels growth of temp-controlled pharma packaging
Spurred on by the global Covid-19 pandemic, global temperature-controlled packaging for the pharmaceutical market is set to grow 9.48 per cent over the period 2020-2027. ➤
Cebu Pacific maximises utilisation of its sole ATR freighter
Philippines-based budget carrier, Cebu Pacific Air has been making good use of its sole ATR 72-500 freighter to transport not only vital Covid-19 supplies, but surging e-commerce volumes as well. ➤
China designates 24 more cross-border e-commerce zones
China has designated another 24 cities as cross-border e-commerce pilot zones, in an effort to boost exports amid a slowing economy and the ongoing US-China trade war. These strategically located zones are designated to facilitate ➤
Korean Air celebrates 50 years of international flights
Korean Air celebrates 50 years since its first international flight, retracing the historical milestone with a special flight on 2 October from Incheon (ICN), Korea to Ho Chi Minh (SGN), Vietnam. Korean Air, founded on ➤
Cargolux forges on with a sharp eye on global trade
With the ongoing US-China trade war showing little sign of abating, and indeed quite possibly escalating, the outflow of production from China into Southeast Asia may accelerate says Richard Forson, Cargolux president and chief executive ➤
Emirates sharpens focus on products, performance
Emirates SkyCargo’s bumper year last year with tonnage up 14 per cent and nearly a 5.0 per cent growth in revenue year-on-year is a result of both product mix and performance, something the carrier says ➤
Virgin Atlantic firmly full throttle on cargo
When an airline executive says it’s a really exciting time to be at ‘such and such an airline’, it almost certainly gets written off as some marketing soft sell. But in the case of Virgin ➤
Brighter skies ahead for National Air Cargo
Things are looking up for National Air Cargo as it has moved in recent years to better realign its business, creating a more diversified set of product verticals, its joint venture with RSA Logistics in ➤
Zalora soars, overcoming SE Asian fashion e-tailing hurdles
In 2012 when Kinnevik AB and Rocket Internet took online fashion retailer, Zalora, live in six Southeast Asian markets along with Hong Kong and Taiwan – the sceptics were rife. Who in most of these ➤
Cainiao races on in digitalisation of China logistics
Cainiao Smart Logistics Network wants to speed up the digitisation of China’s logistics industry and to help make that happen, the Alibaba affiliate is rolling out a slew of technology, including its new Internet of ➤
Look and learn air cargo: VW, Amazon partner on bold IoT industrial cloud
In a major move into the digital realm – the likes of which the air cargo sector can only fantasise about – Volkswagen and Amazon Web Services (AWS) are to jointly develop the Volkswagen Industrial ➤
Cross-border e-commerce satisfying Chinese taste for imported goods
China is becoming a significant market for imported goods, facilitated by surging cross-border e-commerce as consumers become both more discerning and increasingly focus on quality of life, according to a new report. By Farah Florentino. ➤
Hyperloop comes to China… and things may never be the same
Although creating a stir in North America, Europe and even the Middle East, the Hyperloop phenomenon has, at least thus far, been a fable of far off lands as far as Asia is concerned. But ➤
Intra-Asia trade no longer dominating SME business: FedEx
Recent research from FedEx Express reveals the rapidly accelerating global reach of small- and medium-sized enterprises (SMEs) in Asia Pacific (APAC), driven in part by the thriving digital economy. Overall, the number of SMEs exporting ➤
LATAM expansion continues as Q1 cargo revenue climbs
LATAM Airlines group reports a 16.6 per cent jump in cargo revenue in the first quarter 2018 ended March 2018, reaching USD 295.8 million on the back of a 7.1 per cent increase in cargo ➤