China’s largest retailer partners with Tianjin Air Cargo as it ramps up its logistics business.
JD.com, China’s largest retailer, has partnered with Tianjin Air Cargo, a unit of HNA Group, to ship goods on a dedicated all-cargo aircraft as the e-commerce giant ramps up its logistics business.
The new service, which launched last week, will fly six round trips a week and use a dedicated freight Boeing 737 aircraft branded with the JD Logistics logo. The aircraft also will be used for JD’s growing logistics business, which includes business-to-business transportation and individual parcel delivery throughout China.
“This new service sets a new industry milestone. The combination of Tianjin Cargo’s breadth of experience in freight and JD’s expertise in supply chain makes this partnership a force to be reckoned with,” said Yi Zhang, chairman and president of Tianjin Air Cargo. “As China’s largest retailer, online or offline, JD’s resources across the e-commerce and logistics industry will be of great assistance to our company’s development going forward.”
The partnership is the latest move by JD to ramp up its abilities to open its technology and infrastructure to other companies and industries, part of its “retail as a service,” or RaaS, strategy.