Alibaba
- Air Cargo
Atlas Air adds freighter for Cainiao as Boeing winds down 747-8 production
The last four 747-8 freighters to roll off Boeing’s production line this year are going to all-cargo operator Atlas Air, which announced Thursday the first…
Read More » - Air Cargo
Alibaba expands cargo airline service to Brazil with Qatar Airways
Think of Cainiao as the Amazon logistics of China. It’s spreading its wings in Latin America.
Read More » - Air Cargo
Dedicated charters, high yields push Atlas Air to record profit
Atlas Air has a huge freighter fleet to help take advantage of shipper interest in air transport and is adding more planes this year.
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Alibaba expands Atlas Air tie with daily deliveries to S. America
Cainiao is becoming a bigger logistics giant than Amazon in cross-border trade.
Read More » - Business
Rivian files for what could be the 4th-largest IPO of the decade
Amazon-backed EV maker Rivian makes big news with a public stock offer and beating its rivals to market with the first-ever electric pickup, the R1T.
Read More » - Modern Shipper
Rivian for the win: Electric-vehicle maker targets $8B IPO windfall
Electric-vehicle maker Rivian is said to be looking for as much as $8 billion from its upcoming IPO, which would make it the fourth-largest U.S.…
Read More » - Gig Workers
Is Didi’s IPO a stock loser from the start?
Chinese ride-hailing company Didi has filed for an IPO on the New York Stock Exchange, but some analysts are already questioning the long-term value of…
Read More » - E-commerce & Fulfillment
Alibaba to support small Korean exporters with logistics services
Cainiao, which means newcomer or beginner in Chinese, is the 8-year-old logistics unit of Alibaba. Besides providing express delivery for packages ordered through Alibaba, it…
Read More » - Modern Shipper
PayPal: ‘Strongest first-quarter results’ in company history
PayPal reported its “strongest first-quarter results” in company history on Wednesday, posting $6.03 billion in revenue and a 46% increase in total payment volume.
Read More » - Air Cargo
Alibaba cargo flights supply duty-free shopping zone in China
You may not have heard of Cainiao, but you know parent company Alibaba is the Amazon of China. Cainiao is powering Alibaba’s logistics and recently…
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