EXTRANS GLOBAL - Weekly Logistics Operation Update - Week 27

📌Weekly Logistics Highlights:

The news highlights this week include: Guangzhou Baiyun Airport welcomed its first passenger flight connecting South America, the 2024 China International Logistics and Transportation Exhibition gathered global logistics giants, FedEx opened two new cargo flight routes between China (Qingdao, Xiamen) and the United States, Korean Air collaborated with CEVA Logistics to use sustainable aviation fuel for cargo transportation...

Hong Kong, China

🔹The Shenzhen-Zhongshan Channel Opens, the Transportation Industry Expects to Alleviate Cross-Border Freight Pressure

The Shenzhen-Zhongshan Channel, an important transportation hub connecting Shenzhen and Zhongshan, officially opened on Sunday afternoon. Transportation industry experts said that this new channel will help alleviate the existing pressure on cross-border freight traffic.Comparing the Shenzhen-Zhongshan Channel with the Hong Kong-Zhuhai-Macau Bridge, Honorary Chairman of the Hong Kong Automobile Association Li Yaopei said, 'If private cars in Hong Kong and Macau don't have other choices, they will definitely go to the Hong Kong-Zhuhai-Macau Bridge, but the Hong Kong-Zhuhai-Macau Bridge has advantages. What advantages? If you come to Hong Kong, you'll arrive at our important airport right away, including the freight terminals. The Shenzhen-Zhongshan Channel cannot replace this, because the exit of the Shenzhen-Zhongshan Channel is only Shenzhen Bay, which is just going to Yuen Long. The freight to the airport from Yuen Long will definitely save time compared to going from Yuen Long to the airport.' He emphasized that although the Shenzhen-Zhongshan Channel cannot completely replace the status of the Hong Kong-Zhuhai-Macau Bridge, it will be a significant help in improving the efficiency of freight transportation on specific routes.

Shenzhen, China

🔹Etihad Cargo, the air cargo and logistics arm of Etihad Airways, has significantly bolstered its partnership with China’s SF Airlines. The partnership will boost flight frequencies and add a Shenzhen service.

Etihad Cargo, the air cargo and logistics arm of Etihad Airways, has significantly bolstered its partnership with China’s SF Airlines. The partnership will boost flight frequencies and add a Shenzhen service.The combined effect of these expanded frequencies and the new Shenzen route will provide a significant capacity boost of over 200 tonnes per week.This brings the total weekly capacity offered through the partnership to a substantial 630 tonnes.

Guangzhou, China

🔹Baiyun Airport welcomes its first passenger route from South America

At 11:50 AM on June 30th, a Venezuelan Conviasa Airlines A340 aircraft, departing from the capital of Venezuela, arrived at Guangzhou Baiyun International Airport. This marks the airport's first passenger route connecting directly with South America. The route is scheduled to commence commercial operations in October this year, with two planned routes: Guangzhou to Caracas, with stopovers in Moscow and Porlamar, and Guangzhou to Caracas, with stopovers in Moscow and Havana.

Shanghai, China

🔹Transport Logistic China 2024 brings together global logistics giants

Many international and local logistics giants and emerging leaders such as Sinotrans, CRCTC, COSCO Shipping, China Post, JD Logistics, Cainiao, RTSB, Hefei Logistics Group, Sakhalin Railways, UTLC, DB Cargo, showcased their cutting-edge innovations across the entire spectrum of logistics services, from logistics real estate and air freight to land transport, port and shipping logistics, fresh produce logistics, logistics equipment and IT systems and special vehicles .“Compared to the previous one, the growth of exhibitions this year is amazing. A lot of people coming here to ask for our services, to discuss new businesses,” said Alexey KRAVCHENKO, the Commercial Director of FESCO Transportation Group.

Tianjin, China

🔹Saudi introduces new shipping service to Jeddah port

The Saudi Ports Authority ‘Mawani’ has announced the addition of a new shipping service ‘CBS to Jeddah Islamic Port via the Chinese shipping line ‘NewNew Line’, a report said.This step represents Mawani’s efforts to improve the kingdom’s position on the Liner Shipping Connectivity Index, enhance operational efficiency at ports, and strengthen the kingdom’s connectivity with global markets, Saudi Gazette said.This initiative aims to support national exports and imports, aligning with the National Transport and Logistics Strategy (NTLS) targets to solidify the kingdom’s standing as a global logistics hub bridging three continents.The new shipping service links Jeddah Islamic Port with the ports of Tianjin, Qingdao, Shanghai, and Guangzhou in China and Damietta in Egypt through regular weekly trips with a capacity of up to 4,000 TEUs. It is the 14th service added by ‘Mawani’ in cooperation with major global shipping lines since the beginning of 2024.It is worth noting that Jeddah Islamic Port is a significant logistical and commercial hub on the Red Sea coast, extending over 12.5 sqkm and including 62 berths.

Qingdao, China

🔹FedEx launches 2 new cargo flights between China(Qingdao, Xiamen), U.S.

The Federal Express Corporation (FedEx), a global express giant, has recently launched two new flights to the United States from the two coastal cities of Qingdao and Xiamen, China.The company also plans to establish international gateway facilities at Qingdao of Shandong Province and Xiamen of Fujian Province to enhance operational and clearance efficiency, responding to the increasing business and trade demands of local customers, according to the press release issued by FedEx China.Each flight will initially operate once a week. The flight departing from Qingdao connects major U.S. hubs via Osaka, Japan, shortening the transit time of outbound parcels and freight shipments from Shandong Province to North America by one day.The flight departing from Xiamen stops in Incheon, Republic of Korea before landing in Anchorage, Alaska in the United States.“The launch of these two new cargo flights is a proactive move by FedEx to meet the growing demand of China’s foreign trade and deepen cooperation with the local market,” said Poh-Yian Koh, vice president of operations, FedEx China.

Vietnam

🔹China wants to increase economic cooperation with Vietnam, says ambassador

Vietnamese Ambassador Xiong expressed that the recent invitation extended to Prime Minister Pham Minh Chinh to attend the World Economic Forum's Annual Meeting is a testament to China and the WEF's recognition of Vietnam's important role in addressing global issues. He also expressed confidence in Vietnam's economic growth, expecting it to reach 6% or even higher this year. As one of the top 40 economies globally, with trade ranking among the top 20, Vietnam has already achieved a high economic growth rate of 6.42% in the first half of the year. The ambassador highlighted China's focus on developing and connecting transportation infrastructure systems, particularly railways along the Vietnam-China border. This priority was emphasized by Chinese Vice Premier Zhang Gouqing during the Vietnam-China cooperation conference on strategic transport infrastructure development, where Vietnamese-Chinese enterprises also participated under the guidance of the Vietnamese Prime Minister.

South Korea

🔹Korean Air partners with CEVA Logistics for sustainable fuel use in cargo transportation

Korean Air has partnered with French logistics company CEVA Logistics to use sustainable aviation fuel (SAF) for its cargo transportation business. The two companies signed an agreement at the Air Cargo China Conference 2024 in Shanghai, aiming to promote the use of SAF and raise awareness about reducing carbon emissions in the logistics sector.Under the agreement, CEVA will support Korean Air's usage of SAF, and the Korean airline will share the results of its carbon emission reductions with CEVA. This partnership is part of Korean Air's ongoing efforts to engage industry partners in supporting sustainable practices, having signed similar agreements with other logistics companies in the past.The move aligns with the industry's broader push towards decarbonization, with both companies emphasizing the importance of collaboration in driving meaningful change in the air freight and global supply chain sectors.

America

🔹US logistics provider enters Philippine market

C.H. Robinson, a major logistics provider, has opened a new office in the Philippines, expanding its presence in Asia and the Pacific. The company is targeting the growing transport demand from semiconductor and vehicle manufacturers in the country.Specifically, C.H. Robinson is aiming to secure contracts with large manufacturing companies in the semiconductor and automotive industries in the Philippines. The company sees logistics as a crucial enabler of the Philippine economy's growth, as trade activities have been recovering.According to data cited by C.H. Robinson, the logistics industry in the Philippines contributes up to 6% of the country's GDP. The market size of the logistics industry is expected to reach as much as 1.16 trillion Philippine pesos by 2027, indicating significant growth potential.The opening of the new office marks C.H. Robinson's expansion into the Philippine market, where it hopes to capitalize on the increasing logistics needs of the country's manufacturing and trade sectors.

Bangladesh

🔹Bangladesh- Dhaka-China Southern Airlines-New Direct Route

Bangladeshi Minister of Civil Aviation and Tourism Muhammad Faruk Khan speaks at the launching ceremony of a new direct route from Beijing to Dhaka by China Southern Airlines in Dhaka, Bangladesh, July 1, 2024. TO GO WITH "China Southern Airlines to launch direct flights linking Beijing, Dhaka.

Myanmar

🔹Myanmar junta blacklists 28 companies for failing to repatriate export earnings

Myanmar’s military regime has blacklisted 28 companies, including two Chinese state-owned firms, for failing to remit export earnings of more than US$500,000 to junta-designated domestic banks.The blacklisted companies operate in the logging, tourism, electronics, and import-export sectors and are based in Karen State and Yangon, Tanintharyi, and Bago regions.Among them are China International Forestry Group Corporation, Ltd. and Chengfang Co., Ltd., both owned by the Chinese government.The Japanese electronics company IIDA Electronics (Myanmar) Co., Ltd., which imports and distributes around 20 electronic products, including electric motors, air conditioners, and transformers, was also placed on the blacklist.

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