1.International Small Packet Service by Jitu Express May Halt Operations

On February 28th, due to strategic planning adjustments, Jitu Express's small packet service products will suspend operations across all routes on February 29th. Orders affected include regular, initial leg, delivery, and reforwarding orders. The discontinued products include Jitu Global Line - Standard General Cargo JET-HQ-BZP; Jitu Global Line - Standard Special Cargo JET-HQ-BZT; Jitu Global Line - Standard Electric Cargo JET-HQ-BZD; Jitu Global Line - Standard Express General Cargo JET-HQ-BKP; Jitu Global Line - Standard Express Special Cargo JET-HQ-BKT; Jitu Southeast Asia Line - Standard General Cargo JET-D-BZP.

Source: Cross-border Export Intelligence Bureau

2.Daifuku Group's Largest Acquisition Approved

On February 28th, following the agreement between Daifuku Group and Bolloré Logistics to divest all of Bolloré Logistics' operations in Guadeloupe, Martinique, Saint Martin, and Guinea, as well as the related assets in mainland France, the European Commission has approved Daifuku Group's acquisition of Bolloré Logistics. With the EU's approval, the French shipping giant is one step closer to acquiring Bolloré Logistics.

Source: Shipping Industry

3.FedEx Asia Pacific and Middle East Africa Regional Headquarters Established in Singapore

On February 28th, FedEx held the opening ceremony for its new office for the Asia Pacific, Middle East, and Africa regions, located at Centennial Tower in Singapore. FedEx's Asia Pacific headquarters was previously located in Hong Kong, and senior executives stationed in Hong Kong will relocate to Singapore by June this year.

Source: Jiemian News

4.Merchant Ship Logistics Launches Full Cargo Aircraft Xiamen ⇌ Manila Route

On February 28th, flight MF8991, loaded with e-commerce products, flowers, mechanical parts, and other goods, took off from Xiamen Gaoqi Airport at 11:07 PM. After a two-hour flight, the Merchant Ship full cargo aircraft landed smoothly at Manila International Airport in the Philippines, marking the official opening of the Merchant Ship Logistics Xiamen-Manila international freight route.

The Xiamen-Manila route is the first international regular route opened by Merchant Ship and the first full cargo aircraft regular route directly from Xiamen to Manila. With five flights per week, the tight schedule will provide a more convenient, efficient "air corridor" between southeastern China and Southeast Asia.

Source: Xiamen Daily

5.Cainiao Collection Officially Launches in Australia

On February 28th, Cainiao Collection officially launched in Australia, offering 5-day air delivery and 30-day sea delivery, with automatic synchronization of Taobao orders and one-click collection for all parcels across the network.

Source: Cainiao Official Collection

7.DHL E-commerce Opens New Distribution Center

On February 28th, DHL E-commerce opened a new distribution center in Manassas, Virginia, continuing to expand its capacity in the United States. The new distribution center covers an area of 138,500 square feet, with 41 dock doors, integrating warehouse, meeting rooms, training, and office space. The distribution center is equipped with two large sorting machines, each capable of handling 14,000 parcels per hour.

Source: National Postal Administration

8.Zhonglian Shipping Launches New SCT2 South China-Vietnam-Thailand Express Line

On February 28th, the SCT2 route will deploy two BKK MAX (Bangkok's largest) container ships dedicated to the Thailand route starting from March 14, 2024. The SCT2 route provides customers with a fast transportation solution with streamlined calling ports and advanced delivery times. The SCT2 route calls at the Ho Chi Minh Cat Lai terminal, providing fast shipping service between South China and Ho Chi Minh City. At the same time, in coordination with another premium Thailand-South China route SCT, we will achieve two round trips between South China and Thailand per week, bringing customers a more high-quality, stable, fast, and reliable transportation service.

Source: Shipping Industry

9.Seaexplorer, the Ocean Alliance, Extends Cooperation for Five Years

On February 28th, the CEOs of Daifuku Group, COSCO Shipping Lines, Evergreen Marine, and Orient Overseas Container Line signed a memorandum of understanding in Shanghai to extend the cooperation of the Ocean Alliance for five years until 2032. Established in the spring of 2017, the Ocean Alliance operates the world's largest international trade mainline shipping network. Leveraging the industry's strongest network, the Ocean Alliance provides customers with flexible and innovative solutions.

Source: OOCL

10.New Rules on Demurrage and Detention Fees for American Container Lines Announced

On February 28th, the U.S. Federal Maritime Commission (FMC) announced new rules on demurrage and detention fees for American container lines, which will take effect 90 days after being officially announced.

The new rules focus on demurrage and detention fees in the container shipping market. Demurrage refers to charges levied by carriers and container terminals when customers do not pick up full containers within a certain number of days. Detention fees, on the other hand, are charged to customers if they delay returning empty containers to the terminal.

Starting from May 26, 2024, container shipping carriers and maritime terminal operators will be required to issue invoices for demurrage and detention fees to consignors or consignees within 30 days after the last charge occurred. Consignors or consignees will have at least 30 days to request a refund of fees.

Source: Yihangyun

END

WeChat Official Account: Cross-border E-commerce Logistics Expert