SATS Partners with Sinotrans Air Freight for Cargo Services

MT Newswires

2024-09-24

SATS (SGX:S58) has partnered with Sinotrans (HKG:0598) (SHA:601598) unit Sinotrans Air Freight to improve ground and cargo handling services, SATS said in a Friday press release.

The collaboration includes establishing gateway hubs in Singapore, Malaysia, Indonesia, Saudi Arabia, and Belgium, along with discussions for SATS to manage Sinotrans' upcoming e-commerce hub in Hangzhou, set to open in 2026.

Price (HKD): $3.66, Change: $+0.010, Percent Change: +0.27%

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