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The quiet rise of Chinese express: STO launches Brescia 747F flights

The quiet rise of Chinese express: STO launches Brescia 747F flights

March 24, 2017 at 5:33 pm 0 comments

Beginning today, 23 March, an SW Italia 747-400F operated for China-based Shentong Express (STO) will touch down regularly at Brescia Montichiari Airport (VBS), just 100km east of Milan. The new thrice-weekly cargo service connects Hong Kong International Airport (HKG) to Brescia via Baku (GYD), reportedly carrying express parcels and ChineseRead More

One man’s trash: DHL and Gatwick convert waste into energy

One man’s trash: DHL and Gatwick convert waste into energy

March 24, 2017 at 5:24 pm 0 comments

Gatwick Airport and DHL Supply Chain have flipped the “On” switch for the airport’s new waste management plant, making Gatwick the first airport to turn airport waste into energy onsite. DHL’s new £3.8 million waste plant not only disposes of, but also converts waste into energy to heat Gatwick’s wasteRead More

Kerry posts strong profits, pushes ‘One Belt One Road’ investments

Kerry posts strong profits, pushes ‘One Belt One Road’ investments

March 24, 2017 at 5:05 pm 0 comments

A 24 percent increase in Kerry Logistics International Freight Forwarding (IFF) profits pushed growth in the company’s core net profit up 4 percent, to US$142.1 million for 2016, as total revenue increased 14 percent, to $2.71 billion. The IFF division growth was propelled by contributions from recently acquired Apex MaritimeRead More

Walmart seeks last-mile ventures with new startup incubator

Walmart seeks last-mile ventures with new startup incubator

March 23, 2017 at 5:58 pm 0 comments

In the latest salvo of the e-commerce wars, retail giant Walmart has announced its interest in muscling in on the last-mile delivery sector with the launch of “Store No. 8,” a new startup incubator program in Silicon Valley, according to a report from sister publication, Mobility Buzz. The incubator isRead More

Alibaba Group to open first overseas ‘e-hub’ in Malaysia [VIDEO]

Alibaba Group to open first overseas ‘e-hub’ in Malaysia [VIDEO]

March 23, 2017 at 5:55 pm 0 comments

Alibaba Group is setting up its first overseas “e-hub” for what CEO Jack Ma calls the Electronic World Trade Platform (eWTP). The new outpost, in Malaysia’s new Digital Free Trade Zone (DFTZ), is expected to be launched by the end of 2019. The news underscores the pace at which theRead More

DHL: ‘The Chinese are becoming seriously addicted to e-commerce’

DHL: ‘The Chinese are becoming seriously addicted to e-commerce’

March 23, 2017 at 5:49 pm 0 comments

China’s predilection towards online shopping has been compared to an “addiction” in a new post on DHL’s “Logistics of Things” blog. “The Chinese are becoming seriously addicted to e-commerce,”said DHL eCommerce CEO Charles Brewer, in a post titled, “Are China’s smaller cities hidden e-commerce gems?” Brewer contends that in manyRead More

Lufthansa-owned time:matters digitalizes its courier service

Lufthansa-owned time:matters digitalizes its courier service

March 23, 2017 at 5:46 pm 0 comments

Time:matters, the Lufthansa-owned urgent transport service, has shaved off even more time by digitizing its On-Board Courier service. Customers and couriers can now input their shipment details and receive a complete quote in less than a minute. The company plans to have certified couriers at the 300 “most important businessRead More

FedEx CFO: ‘If I were you guys, I would forget Q3’

FedEx CFO: ‘If I were you guys, I would forget Q3’

March 22, 2017 at 5:59 pm 0 comments

FedEx reported net income in its fiscal third quarter up 10.8 percent to US$562 million, as revenue rose 18.5 percent to $15 billion. Reported operating income was also up strongly (18.6 percent) to $1.03 billion. Great results, right? Well, yes, and no. Because, as has become almost usual with financialRead More