Thai Cargo
Thai Cargo, the cargo division of Thai Airways International, operates an air cargo hub at Bangkok's Suvarnabhumi Airport, serving 70+ partner airlines with 65%+ Thai market share and 900,000 tons annual throughput across temperature-controlled, dangerous goods, and general freight handling services.
- Company typePublic
- Founded1960
- HeadquartersBangkok (Suvarnabhumi Airport), Thailand
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Thai Cargo does
Thai Cargo is the air cargo and mail business division of Thai Airways International Public Company Limited (THAI, listed on the Stock Exchange of Thailand). Operating from a 90,000 sqm international warehouse at Bangkok's Suvarnabhumi Airport, an 18,000 sqm domestic warehouse, and a 10,000 sqm Perishable Center described as the largest in Asia, the division handles approximately 900,000 tons of cargo annually across more than 50,000 flights, with installed capacity of 1.2 million tons per year.
The business operates two complementary revenue engines: (i) carrying cargo on Thai Airways' passenger aircraft belly-hold and dedicated freighters under the THAI Cargo brand, and (ii) providing ground handling, warehousing, customs clearance, and value-added services to 70+ partner airlines including DHL Aviation, Japan Airlines, Garuda Indonesia, ANA, and Aeroflot. The 65%+ share of Thai air cargo flows through this integrated hub-and-spoke network, anchored by THAI's international route network and a customs free-zone designation.
Service lines span General Cargo, TG Fresh, TG Cool & Carry (temperature-controlled), Dangerous Goods, Valuable Cargo, and Live Animals, with specialized capabilities supported by ISO 9001:2008, IATA AHM 804, ISAGO, IOSA, CAAT Regulated Agent, RA3/ACC3, and GDP certifications. Capital deployed to date includes 3,800M baht on the warehouse complex, 1,200M baht on systems and equipment, and 250M baht on IT infrastructure, operated by more than 2,000 personnel. Revenue is not separately disclosed as Thai Cargo is reported within parent Thai Airways group financials.
Thai Cargo firmographics
Firmographics- Name
- Thai Cargo
- Legal name
- Thai Airways International Public Company Limited (การบินไทย จำกัด (มหาชน))
- Website
- https://thaicargo.com
- Company type
- Public
- Founded year
- 1960
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Thai Cargo, the cargo division of Thai Airways International, operates an air cargo hub at Bangkok's Suvarnabhumi Airport, serving 70+ partner airlines with 65%+ Thai market share and 900,000 tons annual throughput across temperature-controlled, dangerous goods, and general freight handling services.
- Ownership category
- akta.pro rank
Thai Cargo industry classification
Industry- Product category
- Air Cargo Services
- NAICS
- Scheduled Freight Air Transportation (481112), Support Activities for Air Transportation (4881), Warehousing and Storage (4931), Couriers and Express Delivery Services (49211), Nonscheduled Air Transportation (4812)
- SIC
- Public Warehousing & Storage (4220), Air Courier Services (4513)
- akta.pro primary industry
- Scheduled Air Cargo Airlines (All-Cargo Carriers) (THABAEAA)
- akta.pro secondary industries
- General Cargo Air Freight Carriers (Scheduled & Charter) (TLADAAAA), Live Animals & Perishables Air Cargo Carriers (TLADAAAI), Perishables & Fresh Produce Forwarding (Food/Seafood/Floral) (TLACAJAA), High-Value & Secure Air Cargo (Valuables, Security Screening, Escort) (TLACAAAH)
Keywords
Where Thai Cargo is headquartered
LocationHeadquarters
- HQ city
- Bangkok (Suvarnabhumi Airport)
- HQ country
- Thailand
- HQ region
- Asia
Offices1 record
Markets served
Thai Cargo business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Infrastructure, Operations, Technology or R&D, Supply Chain, Marketing or Sales
Revenue model
- Air Cargo Transportation Services: THAI Cargo generates revenue through transporting various cargo types including general goods, heavy goods, dangerous goods, valuable goods, live animals, perishable products, and mail. Revenue is based on weight, volume, and service level requirements.
- Premium Cargo Services: Additional revenue streams from specialized services including TG Cool and Carry (temperature-controlled), TGForce (guaranteed delivery), Priority handling, and Cold Storage services.
- Warehouse and Handling Services: Fees for cargo storage, handling, and processing at Suvarnabhumi Airport facilities including Customs Free Zone services.
- Charter Flight Services: Revenue from dedicated charter cargo flights for customers requiring specialized transport solutions.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Standard cargo transportation rates based on weight, destination, and commodity type |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels6 records
Thai Cargo product offering
Product offeringCore offering
Thai Cargo provides air cargo transportation, ground handling, and warehouse services at Suvarnabhumi Airport, moving approximately 900,000 tons of cargo annually across more than 50,000 flights for over 70 partner airlines. The offering includes general cargo, heavy goods, dangerous goods, valuable cargo, live animals, perishables, mail, automobiles, and human remains, with a 10,000 sqm temperature-controlled Perishable Center and Customs Free Zone management for fast customs clearance. Premium branded services include TG Cool & Carry, TGFresh, TGForce, Priority, TGKool cold storage, and Good Distribution Practice (GDP) for pharmaceuticals.
Product overview
Thai Cargo, operating under Thai Airways International, offers a comprehensive air cargo logistics platform with temperature-controlled handling as its core competency. The product portfolio centers on premium services including TG Cool & Carry (TGC) for temperature-sensitive products, TGFresh (TGF) for perishable goods, TGForce (TGX) for guaranteed urgent delivery, and Priority (PRI) for prioritized cargo handling. Additional services include TGKool (TGK) cold storage, thermal blankets, ground handling, live animal transport, automobile shipping, valuable cargo handling, and human remains services. The company operates extensive cargo facilities at Suvarnabhumi Airport with a 90,000 square meter warehouse and serves over 70 partner airlines, handling approximately 900,000 tons of commodities annually across more than 50,000 flights.
Differentiator
Problem solved
Functional benefit
Brands
- TG Cool & Carry (TGC): Specially designed service for temperature sensitive products requiring accurate and consistent temperature control throughout transportation.
- TGFresh (TGF)
- TGForce (TGX)
- Priority (PRI)
- TGKool (TGK)
- Good Distribution Practice (GDP)
Products and services
- TG Cool & Carry (TGC) A specially designed service for temperature-sensitive products requiring accurate and consistent temperature control throughout transportation, using the 10,000 sqm Perishable Center at Suvarnabhumi Airport.
- TGFresh (TGF) Temperature-controlled service designed for all perishable cargo consignment from Bangkok, ensuring freshness of agricultural products across the supply chain.
- TGForce (TGX) Guaranteed airport-to-airport delivery service for urgent items including documents, offering expedited shipping with delivery guarantee.
- Priority (PRI) Priority uplift service offering higher priority for all cargo types regardless of size, weight, and commodity type.
- TGKool (TGK) Temperature Controlled Shipment Cold Storage Service offering temperature-controlled environment for perishable shipments and temperature-sensitive products.
- Good Distribution Practice (GDP) GDP-compliant distribution service ensuring quality management throughout the cold chain logistics process for pharmaceutical and healthcare products.
- Thermal Blankets Temperature protection product using thermal blankets for cargo requiring insulation during transport.
- Ground Handling Services Professional ground handling services for cargo at airports including loading, unloading, and transfer operations for 70+ partner airlines.
- Live Animals & Pets Transportation Specialized handling and transportation service for live animals and pets with appropriate care and compliance with IATA Live Animals Regulations.
- Transportation of Automobiles Air cargo transportation service for automobiles and vehicles, handling vehicle shipping via aircraft.
- Valuable Cargo Secure handling and transportation service for high-value cargo with enhanced security measures and screening.
- Human Remains Services Dignified transportation service for human remains (HUM) with specialized handling procedures.
- Customs Free Zone Services Customs Free Zone management providing safe and secure handling for import and export operators, reducing customs procedures and providing tax benefits within airport cargo facilities.
- Charter Flight Services Dedicated charter cargo flights for customers requiring specialized transport solutions outside the regular scheduled network.
Quantifiable outcome
- Can accommodate more than 1.2 million tons of goods per annum
- +2 more outcomes
Companies that use Thai Cargo
Customer profileNamed customers5 records
Segments6 records
Ideal customer profiles4 records
Thai Cargo technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
Thai Cargo partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered core, regional and minor.
- Kales Airline ServicescoreTHAI Cargo partnered with Kales Airline Services to boost Asia-Europe air freight capabilities. This partnership aims to expand cargo transportation routes between Asia and Europe, leveraging combined airline networks to enhance freight capacity and service offerings.
- Royal Schiphol GroupcoreTHAI's Chief Commercial Officer and team met with Royal Schiphol Group executives in Amsterdam to strengthen commercial cooperation across all dimensions, including cargo operations at Amsterdam Schiphol Airport.
- TAFA (Thai Airfreight Forwarders Association)coreTHAI Airways welcomed TAFA delegation for strategic dialogue on air cargo capabilities, discussing industry development and collaboration opportunities to enhance Thailand's air freight sector.
- Kuehne+NagelcoreTHAI Cargo welcomed Kuehne+Nagel to discuss opportunities for enhancing air cargo capabilities and global logistics connectivity. Discussions focused on strengthening cooperation in air freight services and logistics solutions.
- Aeroprime GroupcoreAeroprime Group appointed as the Exclusive Cargo GSSA (General Sales & Services Agent) for THAI Airways, responsible for global cargo sales representation and customer engagement.
- Express Logistic International Pvt. Ltd.regionalExpress Logistic International appointed as Cargo GSSA of Thai Airways International in Nepal, handling cargo sales and services in the Nepal market.
- Totsol Aviation Private LimitedregionalTotsol Aviation appointed as Cargo GSSA (General Sales & Services Agent) of Thai Airways for Kolkata, India, with effective date December 1, 2022.
- BAAL (Bangladesh Airfreight Agents League)regionalBAAL organized Iftar Party for cargo agents in Dhaka, representing the cargo agent network in Bangladesh.
- Thai Post Distribution (THPD)minorTHAI and THPD signed MOU for logistics and e-commerce R&D partnership to explore joint development opportunities in logistics and electronic commerce distribution.
- Toyota Tsusho and Worldwide LogisticsminorTHAI collaborated with Toyota Tsusho and Worldwide Logistics to transport medical supplies to China, demonstrating cargo capabilities for humanitarian logistics.
- Bangkok AirwayscoreThai Airways and Bangkok Airways signed a freight partnership agreement (SPA - Special Prorate Agreement) for international route cargo transportation, strengthening both airlines' air freight capabilities and coverage.
Scale indicators11 records
Recent moves6 records
Expansion highlights6 records
Thai Cargo competitors and assessment
Company assessmentDirect peers
- Cargolux: Luxembourg-based all-cargo scheduled carrier with similar freighter-fleet economics, strong Asia-Europe presence, and parallel focus on specialized products (pharma, perishables, automotive) that compete with Thai Cargo's premium product lines.
- Cathay Pacific Cargo: Cargo division of Cathay Pacific, another Asia-based scheduled air-cargo carrier serving comparable long-haul Asia-Europe, Asia-Americas, and intra-Asia trade lanes with a similar belly + freighter mix and similar handling infrastructure at a major hub (Hong Kong).
- EVA Air Cargo: Taiwan-based carrier with a dedicated cargo subsidiary and comparable Asia-Europe/Asia-Americas scheduled freight services, frequently benchmarked alongside Thai Cargo on belly-cargo yield and perishable product offerings.
- Lufthansa Cargo: Dedicated air-cargo subsidiary of the Lufthansa Group with similar scheduled freighter + belly-cargo operations, comparable time-definite and temperature-controlled products (e.g., td.Flash, Cool/td.Freeze), and a globally recognized hub-and-spoke handling operation.
- Korean Air Cargo: Major scheduled air-cargo operator with a comparable mix of dedicated freighters and belly-cargo on passenger aircraft, serving similar Asia-Europe and trans-Pacific routes and competing head-to-head on perishable and time-definite products.
- Nippon Cargo Airlines (NCA): All-cargo scheduled airline focused on Asia-North America/Europe lanes; a directly comparable business model (dedicated freighter fleet, scheduled cargo network) and frequent competitor on the same trade lanes from Asia.
- Singapore Airlines Cargo: Cargo arm of Singapore Airlines operating scheduled freight services through Singapore Changi with a similar product portfolio (temperature-controlled, priority, valuable cargo) and a parallel premium-services brand architecture.
- Qatar Airways Cargo: Large dedicated scheduled-freight network operating from a single hub (Doha) with comparable infrastructure scale, premium product tiers, and a similar heavy bet on long-haul Asia-Europe belly and freighter flows.
Others
- Kuehne+Nagel: Global freight forwarder and logistics integrator that is both a customer (recently engaged with Thai Cargo on Asia-Europe cooperation) and a competitive ecosystem participant buying air-cargo capacity at scale from carriers like Thai Cargo.
Broad incumbents
- DHL Aviation: Global integrator with air-cargo operations that competes with Thai Cargo on Asia-Europe capacity and is simultaneously a major customer (awarded Thai Cargo for handling excellence); relevant for benchmarking integrator versus belly-cargo business models.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat6 records
Key risks5 records
Key highlights7 records
Customer concentration
Thai Cargo social profiles
Digital presenceThai Cargo compliance and trust
Trust signalCompliance9 records
Thai Cargo financial estimates
Financial estimateRevenue estimate
Valuation estimate
Thai Cargo leadership team
Management profileNumber of profiles
Profiles4 records
Thai Cargo funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Thai Cargo M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Thai Cargo
What does Thai Cargo do?
Thai Cargo provides air cargo transportation, ground handling, and warehouse services at Suvarnabhumi Airport, moving approximately 900,000 tons of cargo annually across more than 50,000 flights for over 70 partner airlines. The offering includes general cargo, heavy goods, dangerous goods, valuable cargo, live animals, perishables, mail, automobiles, and human remains, with a 10,000 sqm temperature-controlled Perishable Center and Customs Free Zone management for fast customs clearance. Premium branded services include TG Cool & Carry, TGFresh, TGForce, Priority, TGKool cold storage, and Good Distribution Practice (GDP) for pharmaceuticals.
Is Thai Cargo a public or private company?
Thai Cargo is a public company. It is classified as public and is currently operating.
When was Thai Cargo founded?
Thai Cargo was founded in 1960. It employs 11 to 50 people.
Where is Thai Cargo based?
Thai Cargo is headquartered in Bangkok (Suvarnabhumi Airport), Thailand, in the Asia region.
How does Thai Cargo make money?
Four revenue lines are on record. Air Cargo Transportation Services are the primary driver. The others are premium Cargo Services, warehouse and Handling Services and charter Flight Services.
Who are Thai Cargo's main competitors?
Direct peers on record are Cargolux, Cathay Pacific Cargo, EVA Air Cargo, Lufthansa Cargo, Korean Air Cargo, Nippon Cargo Airlines (NCA), Singapore Airlines Cargo and Qatar Airways Cargo. Kuehne+Nagel is listed as an others. DHL Aviation is listed as a broad incumbent.
Does Thai Cargo have an API?
No public API is recorded for Thai Cargo.
What industry is Thai Cargo in?
Thai Cargo's product category is Air Cargo Services. Its primary akta.pro industry code is THABAEAA, Scheduled Air Cargo Airlines (All-Cargo Carriers), with a secondary code of TLADAAAA, General Cargo Air Freight Carriers (Scheduled & Charter). Its NAICS code is 481112 and its SIC code is 4220.