Volga-Dnepr Group signs a memorandum of understanding with Cainiao Network

Volga-Dnepr Group has expanded its e-commerce business after signing a memorandum of understanding (MOU) with Cainiao Smart Logistics Network Ltd (Cainiao Network). The aim of the MOU is to mutually strengthen the position of the two firms in the area of cross border shipments and to develop a smart logistics network.

The two companies will form a partnership for different joint projects in cross-border trade. To the partnership, Volga-Dnepr Group offers a fleet of 41 aeroplanes whilst Cainiao Network will use the Group as its preferred carrier for airlift capacity and logistics services.

In addition, the partnership will aim to develop an optimal scheduled route network in Asia, Europe and Russia by improving transportation processes. This will be achieved through its ground handling and road feeder services, to cut transit time for global transportation.

The Group looks to further improve its e-commerce business, through its cross-border shipments, which achieved an increase of 6% for the first eleven months of 2018.

“The future of air freight is in the e-commerce sector with customers becoming more tech-savvy, internet-driven and demanding in terms of delivery services. The key to success of winning this lucrative market lies in the ability provide fast, fully digitalized and transparent services with the support of reliable partners, such as Cainiao Network”, said Tatyana Arslanova, Vice-President Strategic Management of Volga-Dnepr Group.

Source: Volga-Dnepr Group