Chinese e-commerce giant Alibaba is expanding its ability to serve the South American market with the November launch of an air charter network designed to speed up shipping times. For-hire cargo airline Atlas Air (NASDAQ: AAWW) said Monday night it will operate three weekly freighter flights to Brazil and Chile for Cainiao, Alibaba Group Holding Ltd.’s logistics arm.
Customers in Brazil and Chile can expect to receive parcels from China in as soon as three days compared to one week now. Cainiao...
https://www.freightwaves.com/news/alibaba-taps-atlas-air-for-parcel-airlift-to-south-america