Sino Logistics Corporation Public Company Limited, or SINO, is pressing ahead with expanding its air freight business through its subsidiary A.S. Logistics Company Limited, or ASL, extending service routes into Asia–North America and Asia–Europe from its previous focus mainly on Asia. The move follows the strategy of Chief Executive Officer Nanmanas Witthayaskdiphan, who wants to rebalance revenue between the Sea Freight, Air Freight and Logistics Support business groups and reduce dependence on any single business. The company has strengthened its sales team to broaden its new customer base, while using its existing customers who use Sea Freight on Thailand–United States and Thailand–Europe routes to cross-sell Air Freight services through ASL. The company aims to raise the Air Freight business group's revenue share to 5% by the end of 2026, from 3.2% at the end of the second quarter of 2026. Meanwhile, demand for air cargo on Asia–North America routes during July and August 2026 is strong, for example for shipments of electronic components, though there is not yet a shortage of cargo space. The arrival of peak season will be a supporting factor for demand, while oil prices and airlines' adjustments to fuel surcharge rates still need to be monitored closely.
Sino Logistics Corporation Public Company LimitedSINO expands air freight routes into Asia–North America and Asia–Europe and cross-sells to existing sea-freight customers, targeting 5% air freight revenue by end-2026.
ASL, SINO's subsidiary, is the vehicle extending air freight service routes and cross-selling to new and existing customers.
