bud cargo

Slowly but surely Alibaba’s logistics network, Cainiao, is developing its air freight network – but is still some way off its bold promise of 72-hour delivery anywhere in the world.

Today, it announced its first direct flight between Zhengzhou and Budapest, two airports which signed a cooperation agreement in April, establishing the Hungarian capital as central and eastern Europe’s gateway for China’s Silk Road logistics project.

Budapest receives five cargo services a week from Zhengzhou – three operated by Hainan Airlines and ...

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