Virgin Australia will launch its own cargo service from 1 July following the end of its current contract with the Toll Group on 30 June. The move is a part of the Group's Virgin Vision 2017 strategy. The launch of Virgin's own cargo service will bring it in direct competition with Toll and Qantas in the air-freight market. Virgin has a strategy team in its Sydney office that concentrates on freight. The company is currently targeting revenue between US$150 million and US$200 million from its … [Read more...] about Virgin Australia to launch own cargo business
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ABC orders 20 B747-8 freighters
Russia’s Volga-Dnepr Group has signed an MoU to order 20 additional B747-8 freighters, in a deal that Boeing values at US$7.4 billion at list prices, for its AirBridgeCargo Airlines unit. The agreement also adds the Antonov An-124-100 Ruslan freighter on a long-term basis to the logistics support chain for Boeing and its partners. … [Read more...] about ABC orders 20 B747-8 freighters
Kerry Logistics snags House Of Fraser contract
Kerry Logistics Network has secured a contract with House of Fraser, the UK and Ireland’s department store group, to support the retailer’s store and e-commerce expansion into China through the course of 2016. Kerry Logistics will operate more than 9,000 square metres of warehousing for the group in Shanghai, providing import agency services, import customs brokerage, and domestic distribution and e-fulfillment. Value-added services will range from re-conditioning of consumer … [Read more...] about Kerry Logistics snags House Of Fraser contract
Alibaba’s Cainiao launches food distribution centres
Cainiao, the logistics affiliate of Alibaba Group Holding Limited, has announced the establishment of three fresh food distribution centres in three major Chinese cities: Beijing, Shanghai and Guangzhou. The three centres are expected to support cold chain delivery of fresh food purchased on Taobao Marketplace and Tmall.com to the doorsteps of Chinese consumers within 24 hours. Cainiao, a consortium of logistics companies operating a network of warehouses and delivery services, is … [Read more...] about Alibaba’s Cainiao launches food distribution centres
Precision wins four P2Fs from SF Express
Precision Aircraft Solutions has been awarded the conversions of four former AerCap B757 aircraft for Chinese delivery services company SF Express Co., Ltd. “We are thrilled to put the Precision capabilities to work for SF Express as it further develops its 757 fleet,” said Precision president Gary Warner. “Converting four aircraft in one calendar year requires real performance and we are pleased that SF has confidence in Precision during this period of growth in … [Read more...] about Precision wins four P2Fs from SF Express
Alibaba’s Cainiao launches food distribution centres
Cainiao, the logistics affiliate of Alibaba Group Holding Limited, has announced the establishment of three fresh food distribution centres in three major Chinese cities: Beijing, Shanghai and Guangzhou. The three centres are expected to support cold chain delivery of fresh food purchased on Taobao Marketplace and Tmall.com to the doorsteps of Chinese consumers within 24 hours. Cainiao, a consortium of logistics companies operating a network of warehouses and delivery services, is … [Read more...] about Alibaba’s Cainiao launches food distribution centres