Nine months after purchasing the exclusive European rights to uShip’s transportation management software (TMS), DB Schenker has increased its commitment by investing US$25 million into the U.S.-based online shipping marketplace. The investment is “the largest equity interest in a digital company to date,” said Jochen Thewes, CEO of Schenker AG. “It shows how serious we[…]

Chinese e-retailer Alibaba Group has opened a new base in Australia, with Alibaba Group executive chairman Jack Ma on hand to open the new office in Melbourne. The office will serve as headquarters for Alibaba’s operations in Australia and New Zealand. Last year, Alibaba Cloud, Alibaba Group’s cloud-computing subsidiary, opened a data center in Sydney[…]

Atlas Air announced that it will soon operate one of its 747-400 freighters for Asiana Cargo on key trans-Pacific routes, connecting Korea with several destinations in the United States.  The service is scheduled to begin later this month. William J. Flynn, president and CEO of Atlas Air Worldwide, called the Asiana deal an “important addition”[…]

Royal Jordanian Airlines has teamed up with CHAMP Cargosystems on a system that enables cargo agents to create electronic air waybills (e-AWB) when making airfreight bookings. In addition to streamlining air cargo tracking and booking capabilities, the e-AWB system developed by Royal Jordanian and CHAMP integrates into a platform used by Jordanian Customs Department and[…]

China Eastern Airlines completed its divestiture from its freight subsidiary, Eastern Air Logistics, on February 8, 2017, according to a filing by China Eastern Airlines on the Shanghai and Hong Kong Stock Exchanges.  In January, China Eastern Airlines shareholders gave their approval to separate the airline separation from its air freight and logistics subsidiary, Eastern[…]