Hongyuan Group, a corporation providing global trade, supply chain finance, logistics real estate and freight services, has entered into a five-year unit load device (ULD) supply and management partnership with Unilode Aviation Solutions, the market leader in outsourced ULD management and repair services.
Within the next five years, the Hongyuan Group plans to increase its geographic footprint and expand its fleet to 15 aircraft. The new agreement will see Unilode supply and manage 1,000 digitised pallets to Hongyuan in the first year, and gradually increase the stock to over 3,000 pallets during the initial five-year term of the partnership.
Helen Chen, general manager of capacity management, Hongyuan Group, said, “Unilode's pooled pallet fleet will solve our previous ULD repositioning challenges and reduce our ULD-related costs. Digitalisation was also an important factor in our decision to select Unilode as Hongyuan's ULD management partner and we look forward to a successful long-term partnership that will support our company's rapid growth."
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