Page 2 - Sf Express News Today

S.F. Holding, Chinese rival to Fedex, to spin off US$786 million of logistics assets in Hong Kong REIT listing plan Shenzhen-listed S.F. Holding submitted a Hong Kong listing application for the REIT unit on April 23, according to filing Assets to be sold to REIT unit at a slight discount based on proposed offering price of REIT units, may be adjusted based on approved terms

Shenzhen-based express carrier, SF Express, is partnering with Pipistrel Aircraft and its UAV software engineering affiliate Amazilia Aerospace to develop an unmanned vertical takeoff and landing (VTOL) cargo drone. As regulatory frameworks for managing cargo drones begin to mature, integrators are increasingly looking to VTOLs for the middle-mile and last-mile transportation. Slovenia-based Pipistrel will design […]   Username

(Bloomberg) -- SF Holding Co., one of the largest Chinese package-delivery services, is seeking to acquire control of tycoon Robert Kuok’s Kerry Logistics Network Ltd. in a HK$17.6 billion ($2.3 billion) deal for its global expansion.The Chinese courier plans to buy a 51.8% stake in Hong Kong-listed Kerry Logistics at HK$18.8 per share, according to a joint statement to the Hong Kong stock exchange on Wednesday. Bloomberg News reported last week that SF Holding was exploring a potential i...

This article originally appeared in CFC Insights. Driven by a surge in business to consumer e-commerce growth, both international and domestic air express posted record growth in 2020. That sounds a bit like 2019. 2021 also looks to be strong, but after years of declining package yields the focus must shift to revenue quality as […]