Sino Logistics Corporation Public Company Limited, or SINO, is pursuing a strategy to rebalance revenue across its three core business groups: Sea Freight, Air Freight, and Logistics Support. It aims to raise the revenue share from Air Freight to 5% by the end of 2026, up from 3.2% at the end of the second quarter of 2026. Chief Executive Officer Nanmanas Witthayaskulphand said that A.S. Logistics Company Limited, or ASL, a subsidiary of SINO, has expanded its air cargo service capabilities from a previous focus on intra-Asia routes to Asia-North America and Asia-Europe routes. The company is also strengthening its sales team to broaden its new customer base and is using its existing Sea Freight customers on Thailand-United States and Thailand-Europe routes for cross-selling of Air Freight services. On market trends, Nanmanas said demand for air cargo on Asia-North America routes during July and August 2026 has been strong, particularly for electronic components, but there is not yet any significant shortage of cargo space. The peak season at the end of the year is expected to support continued growth in demand. The company will monitor costs closely, especially oil price trends and adjustments to airlines' fuel surcharge rates.
Sino Logistics Corporation Public Company LimitedSINO's ASL subsidiary expanded air cargo to Asia-North America and Asia-Europe routes and is cross-selling to existing sea freight customers, targeting air freight revenue share of 5% by end-2026.
A.S. Logistics, SINO's subsidiary, expanded its air cargo service capabilities from intra-Asia to Asia-North America and Asia-Europe routes.
