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Express market growth has traditionally outpaced overall air cargo market growth. In the 20 years prior to 2019 air express grew more than 2.5 times the rate of the overall air cargo market and increased its share of traffic from 9% to 19%. Express did well throughout the pandemic, with international express growing at 9%
More than 80 percent of first round government-approved white list companies have resumed operations
E-commerce platform HKTVmall struggles to make deliveries as workers test positive for coronavirus, placed in quarantine.
YTO Cargo Airlines will soon receive its first widebody freighter after conversion with Israel Aerospace Industries (IAI). The 2003-vintage 767-300BDSF (33423, ex-Air Canada) with Pratt & Whitney PW4060 engines arrived at the IAI facility in Tel Aviv (TLV) in late March and made its first test flight today. The two 767s had been parked in […]
S.F. Holding, operator of SF Express, set to raise up to US$345 million from listing of Reit logistics assets in Hong Kong SF Reit will sell 520 million units in a range of HK$4.68 to HK$5.16 each, with trading set to start on May 17 on Hong Kong stock exchange Shenzhen-listed S.F. Holding, which operates SF Express, is injecting three logistics centres worth HK$6.1 billion into SF Reit