RedCargo announces exciting new partnership with TASCO

SEPANG, 9 January 2019 - RedCargo Logistics Sdn Bhd, the cargo and logistics platform for AirAsia, today announced its first direct partnership with a global freight forwarding customer, TASCO Berhad (an NYK Group Company), effective 1 January 2019.

Through this strategic partnership, TASCO will be able to take advantage of the ease and simplicity of booking space anywhere on AirAsia’s extensive network, which spans over 320 routes to more than 130 airports across 25 markets in Asia, Australia, the Middle East and the US.

RedCargo Logistics CEO Pete Chareonwongsak said, “With more than 50% of our network capacity still available for partners to book, RedCargo is open for business. We are confident that we will play an increasingly important role in facilitating trade and e-commerce fulfilment within Asean and across key trade lanes passing through Asia. We are grateful to the TASCO team for believing in our product and service quality, and we look forward to serving this partnership regionally wherever the TASCO and NYK Group are present.”

TASCO Managing Director Freddie Lim said, “We are very excited about this new partnership with RedCargo, which is part of the largest airline in Malaysia by fleet size and destination. With this tie-up, we are confident that we will be able to provide a higher level of service and competency to our clients. We look forward to working closely with RedCargo to expand our businesses both in Malaysia and regionally.”

About RedCargo

Incorporated in March 2018, RedCargo Logistics is a wholly-owned subsidiary of AirAsia Group Berhad, a listed company on the Main Market of Bursa Malaysia Securities Berhad. RedCargo Logistics is the exclusive provider of cargo capacity for AirAsia and AirAsia X airlines. For more information on RedCargo Logistics, please visit https://redcargo.asia

About TASCO

TASCO is a total logistics company with activities encompassing airfreight, ocean freight, contract logistics, trucking and cold supply chain logistics. A subsidiary of Yusen Logistics Co., Ltd., the logistics arm of the NYK Group, TASCO is listed on the Main Market of Bursa Malaysia Securities Berhad. For more information on TASCO Berhad, please visit http://www.tasco.com.my/