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Jayud Secures Annual Air Cargo Capacity on Zhengzhou-Chicago Route, Expanding Cross-Border Logistics Capabilities
Globenewswire· 2026-01-13 13:30
Core Viewpoint - Jayud Global Logistics Limited has entered into a Block Space Agreement to secure dedicated air cargo capacity on the Zhengzhou-Chicago freight route, enhancing its cross-border logistics capabilities and service reliability [1][5]. Group 1: Agreement Details - The one-year Block Space Agreement allows Jayud to lease cargo space on B747-400F freighter flights operating three times weekly, providing guaranteed weekly cargo capacity of approximately 16,800 kilograms [2][3]. - The agreement is effective from January 17, 2026, and supports the transport of cross-border e-Commerce merchandise and electronic devices compliant with international aviation safety regulations [3]. Group 2: Financial Impact - The Block Space Agreement is estimated to generate approximately 68 million RMB (US$9.8 million) in revenue and approximately 3.8 million RMB (US$0.55 million) in profit for the company [4]. Group 3: Strategic Importance - The agreement allows Jayud to offer competitive air cargo services while managing capital requirements and operational complexity, complementing its existing ocean freight and warehousing operations [5]. - The Zhengzhou-Chicago route connects major logistics hubs, with Zhengzhou being home to the largest smartphone manufacturer, Foxxcom, and Chicago O'Hare being one of North America's largest cargo airports [5]. Group 4: Company Overview - Jayud Global Logistics Limited is a leading end-to-end supply chain solution provider based in Shenzhen, focusing on cross-border logistics services with a global operational presence [6]. - The company has established logistic facilities throughout major transportation hubs in China and globally, offering a comprehensive range of cross-border supply chain solutions [6].