News / Alibaba: 'Air cargo industry must step up its game to keep pace with e-commerce growth'

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The air cargo industry must change to meet growing demand from rapidly expanding cross-border e-commerce, Alibaba’s logistics unit, Cainiao, said today.

Steven Li, Cainiao’s director of Strategic Partnerships, said one-third of the $3trn global e-commerce market is cross-border trade, which is growing faster than domestic sales.

“This will drive demand for air freight, but at the same time e-commerce requires the air cargo industry to make changes,” he told the Cargo Facts Asia conference in Hong Kong.

“Sellers and buyers need quick response ...