1. **UPS to Replace FedEx as Primary Air Freight Provider for USPS**

On April 8th, the United Parcel Service (UPS) announced that it has obtained a significant air freight contract with the United States Postal Service (USPS), effective immediately. This contract marks a substantial expansion of their existing partnership. Following the transition period, UPS will become USPS's primary air freight provider, responsible for transporting the majority of USPS's air cargo within the United States.

Source: UPS

2. **Temu Establishes Office in Seoul, South Korea**

On April 8th, Temu has established an office in Seoul, South Korea. According to reports, Pinduoduo officially registered and established a company named "WhaleCo, Korea Limited" on February 23rd to engage in e-commerce and related business activities. WhaleCo Inc. is a subsidiary of Pinduoduo located in the United States. Temu's registered capital in Korea amounts to 100 million Korean won (approximately 74,000 US dollars), with its office address listed in Jongno, Seoul, although the specific location has not been disclosed. Retail data collection company WiseApp data shows that as of February this year, Temu has 5.81 million users, ranking fourth among e-commerce shopping apps in South Korea.

Source: 36Kr

3. **AliExpress Prepares "Billion Subsidy Brand Going Global"**

On April 8th, internal information from AliExpress regarding the "Number One Project" has been leaked. It is reported that AliExpress is preparing the "Billion Subsidy Brand Going Global" plan, targeting cross-border sellers, Tmall brand merchants, etc., and the first batch will open 1,000 spots. Merchants can join AliExpress with one click and simultaneously sell on other e-commerce channels under Alibaba International such as Lazada, Daraz, Miravia, and Trendyol. Several Amazon bestsellers have already joined.

Source: 36Kr

4. **Shentong International's "Zhengzhou-Mexico" Cargo Charter Flight Successfully Inaugurated**

On April 8th, a Shentong International cargo charter flight carrying approximately 110 tons of cross-border e-commerce parcels took off from Zhengzhou Xinzheng International Airport bound for Mexico, marking the official opening of the "Zhengzhou-Mexico" cross-border e-commerce charter flight operated by Shentong International. The route is operated by Kalitta Air and currently operates three flights per week on Tuesdays, Thursdays, and Saturdays, with plans to further increase frequency in the future. After the route opens, it will fill the gap in Shentong International's freight routes to Latin America from Zhengzhou Airport, and will also extend services to various regions in Latin America through Mexico's air-to-air transfer routes.

 Source: Express Magazine

5. **THE Alliance Announces 2025 Trans-Pacific Route Service Plan**

On April 8th, THE Alliance members Ocean Network Express (ONE) and Yang Ming Marine Transport jointly announced the Trans-Pacific route service plan for 2025, which will be officially implemented in February of the following year. The launch of this route service aims to mitigate the potential impact of Hapag-Lloyd's withdrawal from THE Alliance in 2025. Normally, THE Alliance usually announces its route products for the new year in the fourth quarter of each year. However, considering that many Trans-Pacific market customer contracts extend beyond February 2025, in order to meet the transportation needs of customers and ensure service continuity, ONE and Yang Ming Marine Transport have decided to announce the Trans-Pacific route network for 2025 in advance.

Source: ONE

6. **Chengdu Tianfu-Milan-Oslo Cargo Route Successfully Inaugurated**

On April 8th, the Sichuan Province International Air Cargo Development Company's "Chengdu Tianfu-Milan-Oslo" international air cargo route successfully made its maiden flight. It is reported that the outbound cargo on this route includes e-commerce, electronic products, clothing, and industrial trade goods, with 9610 cross-border e-commerce parcels as the main cargo, with an annual outbound volume of approximately 7,200 tons. The inbound cargo on the route mainly consists of Norwegian salmon, Milan high-end clothing and luxury goods, machinery and automotive parts from other European countries, etc. The route is scheduled to operate four regular round-trip flights every Thursday, with a total of 180 flights expected to be operated throughout the year.

Source: Red Star News

7. **Hangzhou Airport Opens Miami All-Cargo Flight Route**

On April 8th, Hangzhou Xiaoshan Airport opened a cargo flight route to Miami International Airport, operated by Atlas Air's B777 all-cargo aircraft. The initial plan is for two flights per week, operated by Zongteng Network, with cargo mainly consisting of cross-border e-commerce goods such as clothing, shoes, and small commodities. This is the fourth all-cargo flight route to and from the United States opened by Hangzhou Airport after New York, Los Angeles, and Chicago, and the first intercontinental all-cargo flight route opened by airports in Zhejiang Province this year.

Source: Air Cargo News

8. **Cathay Pacific Cargo Resumes Hong Kong-Ho Chi Minh City Freight Route**

Cathay Pacific Cargo has resumed its freight route to Ho Chi Minh City, which was suspended four years ago due to the epidemic. The route operates one flight every Thursday from Hong Kong to Hanoi, then to Ho Chi Minh City, and then returns to Hong Kong. This route will be an important supplement to Cathay Pacific's current six flights from Hanoi to Hong Kong every Saturday.

Source: Air Cargo News

9.**Augroup Technology Submits IPO Prospectus**

On April 8th, AUGROUP TECHNOLOGY CO., LTD. (hereinafter referred to as "Augroup Technology"), a technology company from Shenzhen, Guangdong Province, has submitted a prospectus to the Hong Kong Stock Exchange for listing on the main board. Augroup Technology was listed on the New Third Board in November 2015 and delisted in April 2019. In September 2019, it applied for listing on the Shanghai Stock Exchange Sci-Tech Innovation Board (withdrawn in April 2020), and in May 2021, it applied for listing on the Shanghai Stock Exchange Sci-Tech Innovation Board (withdrawn in the same month).

Source: Ryan Capital

10. **Embraer's First E-Series Freighter Successfully Completes Maiden Flight**

 The first passenger-to-freighter converted E190 aircraft (E190F) from Embraer successfully completed its maiden flight from São José dos Campos, Brazil. Embraer's team flew the E-series freighter (E-Freighter) for about two hours, conducting a comprehensive evaluation of the aircraft. Before the aircraft is put into operation, Embraer will continue to conduct tests on it. This aircraft belongs to Regional One, a leasing company in the United States.

Source: Air Cargo News

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