Record Q4 for Lufthansa Cargo as its faith in ecommerce pays off
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Turkish Cargo has set its sights on the Chinese market with the announcement of a joint-venture with ZTO Express and PAL Air, offering door-to-door logistics services.
Based in Hong Kong, the JV – which has its eyes firmly on the $300bn-plus e-commerce sector – can also provide order management, supply chain and warehouse management services.
Chairman of Turkish Airlines Ilker Ayci said the JV, believed to be named Global Ekspres, would generate more than $2bn in revenue by 2023.
“Istanbul New Airport will be open ...
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