Impact Publications : AirCargo_244
Page 10 • AirCArgo AsiA-PACifiC • AUG-SEPT 2016 HONG Kong-headquartered U-Freight Group has supported the call for the establishment of an electronic world trade platform (e-WTP) whose ob- jective would be to reduce barriers to make it easier for small and medi- um-sized enterprises to expand their trading capabilities world-wide. The call was made by Jack Ma, ex- ecutive chairman of e-commerce giant Alibaba Group, who believes that such a platform is going to be fundamental for the next 20 or 30 years for the world economy, and for this century. U-Freight believes e-commerce can significantly reduce costs for SMEs and also ease access to customers. It believes that such an e-WTP will provide SMEs with a transparent and open platform to sell their goods and services globally, thus facilitating their inclusion in cross-border e-trade. In Ma’s vision, businesses would create hubs for e-commerce and gov- ernments would create virtual free- trade zones for small businesses. The e-Hubs would allow small businesses in one country to sell to consumers in another, with low or no import duties, speedy Customs clearances and bet- ter access to logistics. When connect- ed, this would create a global network that becomes the e-WTP. U-Freight Group ceo Simon Wong said that his company has been showing its commitment to developing e-commerce logistics and in respect of cross-border e-commerce in China, U-Freight has already been qualified by China Customs and CIQ as a licensed Cross-border E-Commerce Enterprise, as well as a Cross-border E-Commerce Logistics Service Provider. “We are now concentrating on lev- eraging the experience that we have gained in Chinese cross-border trade to make sure that our other strategic hubs in Asia, Europe and North Amer- ica are equipped to handle the boom in business that will be associated with ever-growing global e-commerce. “What Ma is proposing is a platform that can lower the threshold and ena- ble more people around the world to conduct trade by reducing barriers and making it easier for SMEs to expand their trading capabilities. “U-Freight believes that such an e-WTP would provide SMEs a trans- parent and open platform to sell their goods and services globally, thus facilitating their inclusion in cross-bor- der e-commerce - leading to a massive growth in cross-border shipments. U-Freight offers support for Alibaba’s electronic trade platform (e-WTP) the key to dAily neWs in the airfreight industry www.impactpub.com.au/aircargo ON LINE, ON TARGET, ON US. Elders to sell its Universal Live division AUSTRALIA’s Elders is exiting live sheep and cattle consignments after suffering losses. The company will shut its Universal Live Exports long haul export operation that sends beef and dairy cattle to overseas markets — mostly to China — and also will sell its short haul and airfreight businesses. Elders chief executive officer Mark Allison said an anticipated full-year loss of A$8-9 million in the live export division was almost entirely due to the long haul business, with the airfreight component profitable and short haul line ball in prof- itability. However, management expects group full year underlying earnings before in- terest and tax to be between A$54 million and A$57 million, an increase in the region of 10 per cent year on year. Both the short haul and airfreight oper- ations will be sold as going concerns and will trade until buyers are found. Emirates to move to DWC ‘eventually’ EMIRATES Airline has confirmed it will relocate to Dubai South (DWC). Nabil Sultan, Emirates’ divisional senior vice president of cargo said: “There is a plan to move the entire Emirates airline to DWC in the future.” Khalifa Zaffin, executive chairman of Dubai Aviation City Corporation said Emirates probably will relocate before 2025.