Increasing mode collaboration: is this going to be a trend? Yang Ming alliance w/ China Airlines. In the current Lloyds Loading List an article about Yang Ming’s new strategic alliance with China Airlines offers a short synopsis of ocean carrier-air carrier collaboration. Mode collaboration is here, but perhaps relatively in its infancy. Some may disagree, but we see synergies where others see silos. Truck and train is learning to collaborate at a different level, to provide a more efficient end-to-end solution in some cases. Train and ocean have worked together carrying cargo to and from seaports, but even this is undergoing a pretty remarkable leap forward. This article highlights air and ocean and the various kinds of mutual supports that can be provided to each other. Carrier collaboration is an interesting phenomenon for investors when thinking about logistics-oriented projects at and around airports and seaports.
Yang Ming Marine Transport has signed a letter of intent with China Airlines in a bid to establish a strategic alliance on freight transport, passenger services and e-commerce.
Yang Ming said that the tie-up will lead to joint marketing and sales initiatives in both sea and air transportation. For example, the two will provide bonded storage warehousing for air cargo.
Meanwhile, China Airlines will offer concessional rates to Yang Ming employees so that they can enjoy more flights with the company.
“The strategic alliance with China Airlines signals a new era for Yang Ming’s logistics services,” said Yang Ming chairman Frank Lu.
“It is also a significant innovation on cross-industry strategising that spans from sea to air transportation, from cargo to passenger services,” he added.
We think it goes far beyond the current status quo as we see logistics and of-scale industrial property projects in North America and Europe – we’re interested in your opinion. What do you see?
