Etihad Cargo eyes more parcel traffic as it strengthens ties with China
Etihad Cargo is betting on parcel traffic with an expansion of its agreement with SF ...
XOM: GO GREEN NOWKNIN: BOUNCING OFF NEW LOWS HON: BREAK-UP PRESSURECHRW: UPGRADESZIM: LAGGARDFWRD: LEADINGMAERSK: OPPORTUNISTIC UPGRADETSLA: GETTING OUTDSV: DOWN BELOW KEY LEVELLINE: DOWN TO ALL-TIME LOWS AMZN: DEI HURDLESAAPL: DEI RECOMMENDATIONAAPL: INNOVATIONF: MAKING MONEY IN CHINAMAERSK: THE DAY AFTER
XOM: GO GREEN NOWKNIN: BOUNCING OFF NEW LOWS HON: BREAK-UP PRESSURECHRW: UPGRADESZIM: LAGGARDFWRD: LEADINGMAERSK: OPPORTUNISTIC UPGRADETSLA: GETTING OUTDSV: DOWN BELOW KEY LEVELLINE: DOWN TO ALL-TIME LOWS AMZN: DEI HURDLESAAPL: DEI RECOMMENDATIONAAPL: INNOVATIONF: MAKING MONEY IN CHINAMAERSK: THE DAY AFTER
SF Express has agreed to jointly fund the development of a $7.6bn cargo airport in Hubei province. Caixin Global reports that China’s second largest courier has tied up the agreement with Hubei Transportation Investment Group and Shenzhen Agricultural Bank for an airport at Ezhou. Construction is expected to begin imminently and there are estimates that 2.5m tonnes of cargo will be handled annually by 2025.
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