China’s Fresh Food Ecommerce Changing the Equation for Air Cargo
SEAFOODNEWS.COM by John Sackton November 16, 2017
One of the consequences of the ecommerce boom in China driven by companies such as Alibaba and JD.com is they are driving a new paradigm in air cargo.
According to a recent story in the Journal of Commerce, Ken Allen, CEO of DHL Express, said the expected rise in international e-commerce and intra-Asian trade was behind the $392 million expansion of the integrator’s Central Asia hub at Hong Kong International Airport. More than 40 percent of DHL’s Asia-Pacific express volume travels through Hong Kong.
Greg Guillaume, senior vice president strategic development at Atlas Air Worldwide Holdings, agreed that the underlying reason for rising demand was e-commerce, and he labeled it a mega-trend. “Over the longer term, e-commerce will account for an increasing share of retail sales — the mega-trend of our times,” he said.
One of Atlas Air’s fastest growing customers is Amazon Prime Air..
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