1. MSC Air Cargo Receives Third 777 Freight Aircraft

December 5th News: Atlas Air has received a new Boeing 777 freighter, which, according to the ACMI agreement signed last year between the company and MSC Air Cargo, will be operated by Atlas Air for MSC Air Cargo, marking the third aircraft in their partnership of four Boeing 777s. This aircraft will be utilized on existing routes but will also serve to enhance additional services from Hong Kong to Dallas-Fort Worth. Atlas Air stated that the fourth aircraft is scheduled for delivery in December.

Source: aircargo news

2. Inauguration of the First North America Intercontinental Freight Charter Flight Route in Hainan Free Trade Port

December 5th News: A B747-400F all-cargo aircraft operated by Suparna Airlines took off smoothly from Haikou Meilan International Airport, making a stopover in Anchorage before heading to Dallas. This marks the official opening of the first North America intercontinental freight charter flight route in Hainan Free Trade Port. With this route, domestic goods can land in Dallas, the "logistics capital of the United States," in just 19 hours, greatly eliminating geographical barriers and achieving expedited cross-border transportation of goods.

Source: Hainan Release

3. Alaska Airlines to Acquire Hawaiian Airlines and Take Over Amazon Cargo Business

December 5th News: Alaska Airlines will take over the cargo transportation business of e-commerce giant Amazon, as the company announced its acquisition of Hawaiian Airlines for $1.9 billion in cash and debt. It is currently unclear whether the Amazon transportation service agreement will be modified, but Alaska's CEO stated that this move might stimulate further investment in freighters.

Source: American Shipper

4. Zara Founder Acquires Amazon Dublin Logistics Center for 225 Million Euros

December 5th News: Pontegadea, the investment company of Spanish billionaire and Zara founder Amancio Ortega, purchased Amazon's primary logistics center in Dublin, Ireland, for 225 million euros. Pontegadea stated that this marks Ortega's company's first investment in logistics real estate in Ireland.

Source: Finance World AI Telegraph

5. Amazon SEND Launched with 6 Carrier Partners at 6 Major Sites

December 5th News: To assist more Chinese sellers in providing high-quality air freight services, Amazon SEND has been continuously adding selectable carrier partners. Currently, Amazon SEND has launched at 6 major sites with 6 carrier partners, giving sellers the freedom to choose. Partners include Jufangtong, Sinotrans, DHL, Shanghai Jielixpress, Shanghai Yida, and Yibang Cititrans.

Source: Ebrun Power

6. Ranking of Black Friday Online Sales in the US Revealed

December 5th News: With the conclusion of Black Friday and Cyber Monday promotions in the United States, according to the latest data provided by Insider Intelligence and eMarketer Forecast, Amazon ranks first with a record-breaking $106.18 billion in sales. Walmart ranks second with sales of $20.37 billion, followed by Apple at $13.95 billion. Subsequently, Target ($7.48 billion), eBay ($7.36 billion), and Best Buy ($6.29 billion) follow. It is worth noting that Walmart, ranking second, achieves only 19% of Amazon's sales. This implies a significant gap between other online retailers and Amazon.

Source: NetEase Media

7. TikTok Shop Southeast Asia's 12.12 Mega Sale Soon to Commence

December 5th News: TikTok Shop announced the upcoming 12.12 Mega Sale across Southeast Asia, with the platform currently recruiting participants. It is understood that the platform will integrate promotional resources from five countries, offering subsidies such as product subsidies and large discount vouchers. Additionally, merchants will have exposure opportunities and valuable benefits in both the shelf area and content area.

The promotional period varies by region: Malaysia/Philippines/Thailand from December 7th to December 12th (6 days), Vietnam from December 6th to December 13th (8 days), and Singapore from December 8th to December 12th (5 days).

Source: TikTok Shop Southeast Asia

8. Maersk to Invest Over $500 Million to Strengthen Comprehensive Supply Chain Capabilities in Southeast Asia

December 5th News: Maersk issued a statement announcing an investment of over $500 million to strengthen comprehensive supply chain capabilities in Southeast Asia. This investment is part of Maersk's global integration strategy, aiming to enhance warehousing and distribution, air freight, inland logistics, ocean freight, and terminal operations. According to the statement, Maersk will add approximately 480,000 square meters of warehousing capacity by 2026.

Source: Maersk

9. Jinjiang Shipping Officially Listed

December 5th News: Shanghai International Port Group announced that the application submitted by its subsidiary, Shanghai Jinjiang Shipping (Group) Co., Ltd., for the initial public offering of shares and listing on the main board of the Shanghai Stock Exchange has been approved by the Listing Committee of the Shanghai Stock Exchange and has obtained the approval of the China Securities Regulatory Commission.

The announcement mentioned that Jinjiang Shipping's stock will be listed on the Shanghai Stock Exchange on December 5th, 2023, with the stock abbreviation: Jinjiang Shipping, stock code: 601083, and an issue price of 11.25 yuan/share. The number of shares issued is 194.12 million shares, accounting for 15.00% of the total post-issue share capital, with a total post-issue share capital of 1,294.12 million shares.

Source: Shanghai International Port Group

10. COSCO SHIPPING Launches Two New Southeast Asia Routes

December 5th News: COSCO SHIPPING announced that two new Far East-Southeast Asia routes operated by its subsidiary, Xin Xin Shipping, will commence from Tianjin and Shanghai on December 29th.

These two new Southeast Asia routes will be served by 9 vessels of 6,000 TEU capacity, covering major ports in China, Singapore, Indonesia, and the Philippines.

The NIS route will call at ports including Tianjin, Dalian, Lianyungang, Qingdao, Singapore, Jakarta, Surabaya, Manila, and Tianjin. The SIS route will call at ports including Shanghai, Ningbo, Quanzhou, Shantou, Shekou, Nansha, Jakarta, Surabaya, Davao, and Shanghai.

Source: China Shipping Weekly

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Cross-border e-commerce logistics Bai xiaosheng