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The Top 40 Global Third-Party Logistics Companies of 2023 Revealed; E-commerce Platforms like Temu to Undergo Strict Review of "Small Exemption" Shipping Methods

News source:Baixiao Network author: 2024-04-09 Page View:20
Introduction:- UPS Announces Addition of Shenzhen to Sydney Cargo Flights - US to Tighten Scrutiny on E-commerce "Small Exemption" Shipping Methods like Temu - Top 40 Global Third-Party Logistics Companies of 2023 Revealed

1. **UPS Adds Shenzhen to Sydney Cargo Flights**


On April 9th, global leading international logistics company UPS announced the addition of cargo flights from Shenzhen to Sydney, accelerating transportation services between the Asia-Pacific market and Australia. Shipments from China (including mainland China, Hong Kong, and Taiwan), Japan, South Korea, Malaysia, the Philippines, Singapore, Thailand, and other regions can be delivered to Australia within the next working day. At the same time, UPS customers in Australia can utilize the new flights for more efficient and closer connections between the Asia-Pacific and European markets.


Source: UPS Youbisu Dynamic Express


   

2. **US to Strictly Review "Small Exemption" Shipping Methods for E-commerce Platforms like Temu**


On April 9th, the United States announced it will strictly review a shipping method favored by e-commerce giants like Temu. Previously, packages valued at less than $800 shipped directly from abroad were exempt from tariffs, and US customs did not rigorously inspect them. This method allowed cheap goods, particularly inexpensive clothing from China, to flow into the US with minimal scrutiny, leading to a significant increase in the number of such packages sent to the US in recent years.


Source: The Wall Street Journal


   

3. **Top 40 Global Third-Party Logistics Companies of 2023 Revealed**


On April 9th, JOC released the top 40 global third-party logistics companies of 2023. According to data from the Journal of Commerce, only 9 of the top 40 third-party logistics providers recorded revenue growth in 2023, reflecting a significant drop in demand and freight rates to more normalized levels compared to the previous year. Among them, the top ten are Amazon, DHL, Kuehne+Nagel, DSV Panalpina, DB Schenker, C.H. Robinson, Nippon Express, CEVA Logistics, Sinotrans, and Maersk。


Notably, one of the most noteworthy developments among these 40 companies is the fate of DB Schenker, which is currently in a sales process, with analysts estimating its value at $15-20 billion.


Source: Best Shipping

   


4. **Amazon's Low-cost E-commerce Platform Bazaar Officially Launched in India**

   

On April 9th, global e-commerce giant Amazon launched a new low-cost e-commerce website, Bazaar, in the Indian market, marking further deepening and expansion of Amazon's presence in India. The Bazaar platform features low-cost, unbranded fast-fashion products and has officially launched within the Amazon India application, promising a new shopping experience for Indian consumers.


Source: Businesslinc


   

5. **Integration of TikTok Shop Completed in Indonesia**

   

On April 9th, Melissa Siska Juminto, President of GoTo Group E-commerce, announced that TikTok Shop and the Indonesian local e-commerce platform Tokopedia have completed system integration as required by the merger. The e-commerce services in the TikTok application have been renamed Shop Tokopedia, and all e-commerce activities of TikTok, including payments, transactions, and seller and merchant management, are now conducted on the Tokopedia system.

   

Source: DIGITAL


   

6. **Commission Rate for TikTok Shop Cross-border Increased to 6%**

   

On April 9th, TikTok Shop implemented a significant adjustment to its fee structure for suppliers selling goods on its platform, increasing the sales commission rate from the original 2% to 6%, effective from April 1, 2024.

   

This adjustment marks a significant increase compared to the 0% rate when TikTok Shop was launched in the fall of 2023. According to official arrangements, this rate will further increase to 8% on July 1st of the same year.

   

Source: Titanium Media


   

7. **Yuantong Airlines Operates the First Direct Cargo Flight from Lanzhou to the Greater Bay Area of Guangdong-Hong Kong-Macao**

   

On April 9th, a B757-200F cargo plane from Hong Kong, operated by Yuantong Airlines, successfully arrived at Lanzhou Zhongchuan International Airport, carrying 24.5 tons of cargo, marking the official launch of the first direct cargo flight connecting Lanzhou to the Greater Bay Area of Guangdong-Hong Kong-Macao. The route, operated by Yuantong Airlines, is scheduled to operate one flight per week, with a planned total of 33 flights per year, transporting electronic products, daily necessities, machinery and equipment parts, and other goods.

   

Source: Lanzhou Daily


   

8. **Ranking of Domestic Airport Cargo Flights in March 2024 Released**

  

On April 9th, data on monthly cargo flights at major domestic airports in March 2024 was released, showing a 45% increase in total cargo flights compared to February.


Overall, in March, 16 airports had over 300 cargo flights,


 a 33.3% increase month-on-month. Among them, 11 airports had over 500 flights per month, 7 airports had over 1000 flights per month, and 4 airports had over 2000 flights per month.


 Looking at the top 20 rankings, in the top three airports: Shanghai Pudong Airport (3890) remained unchanged in rank, with a 33% increase in flights; Shenzhen Bao'an Airport (2873) rose 1 place to second place, with a 50% increase in flights. Guangzhou Baiyun Airport (2627) dropped 1 place to third place, with a 31% increase in flights.


Source: Aviation Freight Express


   

9. **Inaugural Flight of the Fifth Freedom Cargo Route in Hunan**


On April 9th, the "Addis Ababa-Liège-Changsha-Addis Ababa" fifth freedom cargo route commenced in Changsha, marking the first fifth freedom cargo route in Hunan.


The opening of this route will significantly improve the international air cargo transportation capacity and transportation efficiency of Changsha Airport, promoting the accelerated export of high-value-added products such as e-commerce products, pharmaceuticals, and high-tech products to the entire African continent and some countries in South America.


It is reported that the operating airline for this flight is Ethiopian Airlines, the first African airline to enter the Chinese market. "We will continue to promote the construction of the Changsha International Aviation Hub, expand more routes, open more passenger and cargo flights, and make greater contributions to the economic and trade exchanges between China, Africa, and Europe." said the head of Ethiopian Airlines.


Source: Civil Aviation Resources Network

   

END


Baixiao Network


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