Cainiao Network to develop premium logistics centre in Hong Kong

A joint venture led by Alibaba Group’s logistics arm, Cainiao Network has been awarded the tender to develop and manage a premium logistics centre at Hong Kong International Airport. The centre at Kwo Lo Wan in the South Cargo Precinct of the airport will be the third largest warehouse in Hong Kong, occupying a site […]

Budapest handles record cargo volumes and looks to the USA

Budapest Airport has handled record cargo volumes and is preparing for further growth helped by new flights to the USA. The Hungarian hub handled 127,145 tonnes of cargo in 2017, up 13.4 per cent on the previous year and 39.1 per cent on 2015, with imports making up 47.8 per cent of volumes and exports […]

Budapest aims to become the hub for air cargo from China

Budapest Airport is aiming to become the air cargo hub for goods arriving from China, having signed a cooperation agreement with two major logistics companies. The airport signed the agreement with China’s STO Express and European 3PL company, EKOL, which has a strong presence in Hungary at the annual conference of the “16+1 cooperation” initiative, […]