Sino Logistics Corporation, or SINO, is going on the offensive, expanding its air freight services from intra-Asia routes to Asia-North America and Asia-Europe routes, targeting an increase in the revenue share from its Air Freight business to 5% by the end of 2026, up from 3.2% at the end of the second quarter of 2026. Nanmanas Witthayaskdiphan, Chief Executive Officer of SINO, disclosed that the company has laid out a long-term strategy to balance the revenue mix among its three main business groups, namely Sea Freight, Air Freight, and Logistics Support, in order to reduce over-reliance on revenue from any single business. Most recently, A.S. Logistics Company Limited, or ASL, a subsidiary of SINO that operates the Air Freight business, has expanded its capabilities to Asia-North America and Asia-Europe routes, having previously focused mainly on services within Asia. It is also strengthening its sales team and leveraging its existing customer base that uses Sea Freight services on Thailand-United States and Thailand-Europe routes to cross-sell Air Freight services through ASL. Meanwhile, demand for air cargo on Asia-North America routes during July and August 2026 has been strong, such as for shipments of electronic components, though there is not yet a shortage of cargo space. The arrival of peak season will be a factor supporting demand, while the company must continue to closely monitor shipping costs, including the oil price situation and adjustments to airlines' fuel surcharge rates.
Sino Logistics Corporation Public Company LimitedSINO is expanding air freight to Asia-North America and Asia-Europe routes and cross-selling to existing sea-freight customers, targeting air freight to reach 5% of revenue by end-2026.
ASL, SINO's air freight subsidiary, expanded its capabilities to Asia-North America and Asia-Europe routes and is strengthening sales to win new air cargo business.
