1. The Six Major Listed Airlines Released Key Operational Data for April

On May 21, it was reported that the six major listed airlines in China have successively released their key operational data for April 2024.

According to the announcements, the six major airlines collectively carried 397,100 tons of cargo and mail in April, a month-on-month decrease of 3.9%. Specifically, they carried 240,100 tons of domestic cargo and mail, a month-on-month decrease of 5.3%, and 157,000 tons of international and regional cargo and mail, a month-on-month decrease of 1.8%. Among the three largest airlines, China Southern Airlines carried 146,600 tons of cargo and mail in April, Air China carried 114,100 tons, and China Eastern Airlines carried 81,500 tons.

Source: Air Cargo Express

2. Savo Solar: Gradually Increasing Investment in the European Region in 2024

On May 21, it was reported that Savo Solar recently held research meetings with institutions including Haitong Securities, Guojin Securities, Huachuang Securities, Qianhai Morningstar, Kaiyuan Asset Management, Qianhai Ark, Hexiehuiyi, Chuangjin Hexin, and Fullerton Investment. Regarding regional investment choices, the company stated that it focuses on regions with high consumption levels and potential. Therefore, in the short term, they will continue to focus on countries and regions with high overall consumption levels in Europe and the United States, which are more suitable for the company's current stage of brand development.

The past slow growth in European revenue was due to the company's proactive reduction in European business considering the political and economic volatility in Europe. As a major apparel seller, Amazon is also assisting the company in better expanding its European business. In 2024, Savo Solar will gradually increase its investment in the European region.

Source: Savo Solar

3. Jinan Airport Logistics Center and Customs Supervision Operation Site Officially Put into Use

On May 21, it was reported that the Shandong Airport Management Group held the inauguration ceremony for the Jinan Airport Logistics Center and Customs Supervision Operation Site. This marks a major milestone in the second phase of Jinan Airport's expansion project and represents a new starting point for the construction of Jinan's aviation port and the development of Shandong's civil aviation industry.

With the construction and operation of the Jinan Airport Logistics Center and Customs Supervision Operation Site, Jinan Airport's cargo and mail handling capacity will see a significant increase, and the airport's logistics agglomeration effect will be fully realized. This will provide strong support for Jinan Airport to function as an international aviation hub and port cargo source driver, and to build Shandong into a new highland for opening up to the outside world.

Source: Haibao News

4. UPS Establishes Micro Hub in Cambridge, UK

On May 21, it was reported that UPS has recently established a micro hub in Cambridge, UK, made from converted shipping containers to serve as a distribution center for parcels destined for the city center. The hub will be equipped with three eQuad electric-assist four-wheeled bicycles, which can provide zero-emission delivery services in the city, replacing the delivery tasks typically carried out by two traditional diesel trucks.

Developed by the British company Fernhay, the eQuad can deliver parcels in bike lanes and pedestrian areas that restrict car and truck access. The eQuad’s electric assist system has a top speed of about 25 km/h and can carry up to 200 kg of parcels with a battery range of approximately 64 km.

Source: China Post Express News

5. COSCO Shipping's East Coast of North America Route AWE2 Successfully Launched

On May 21, it was reported that the "COSCO Shipping Camellia" made its maiden voyage at Tianjin Port, celebrating the successful launch of COSCO Shipping's East Coast of North America route (AWE2) with a grand water salute ceremony. This route, marking the first call at Tianjin Port, signifies the continuous expansion of COSCO Shipping's container route network in North China. The new route operates weekly with nine 14,000 TEU vessels, reducing delivery time to 38 days and improving logistics efficiency, injecting new vitality into North China-East Coast US trade. This move reflects COSCO Shipping's efforts to optimize route layouts and enhance supply chain stability, contributing to the global economic recovery.

Source: COSCO Shipping

6. Yangtze River Delta Region's Foreign Trade Imports Exceed 5 Trillion Yuan in the First Four Months of This Year

On May 21, it was reported that in the first four months of this year, the foreign trade import and export value of the Yangtze River Delta region reached 5.04 trillion yuan, setting a historical record and increasing by 5.6% year-on-year, accounting for 36.5% of the national total.

Among this, the imports and exports to countries involved in the Belt and Road Initiative amounted to 2.26 trillion yuan, a year-on-year increase of 7.6%, accounting for 34.5% of the national total for the same period.

Source: CCTV News

7. TikTok Shop Southeast Asia Opens Cross-Border Entry for Individual Merchants

On May 21, it was reported that TikTok Shop Southeast Asia has officially opened its new policy for individual merchants to join cross-border commerce, providing a fast-track for cross-border sellers to expand overseas. This policy aims to simplify the process and lower the entry threshold, particularly targeting sellers with a Chinese mainland individual business license and some cross-border operation experience.

To qualify, applicants must meet the following three basic criteria: 1. Possess a Chinese mainland individual business license (registered for over six months); 2. Have experience operating on mainstream cross-border e-commerce platforms under the same license or legal entity; 3. Have a store rating of at least 4.3 or 90%.

Source: E-commerce News

8. Lazada Continues to Enhance Five Innovative Features

On May 21, it was reported that Lazada, according to a report by Synagie and GroupM, is expected to have 400 million e-commerce users in Southeast Asia alone by 2025. To support the smooth transition from offline to online business and boost sales, Lazada is continuously enhancing five innovative features to improve product visibility and coverage for buyers. These features include: Lazada promotional tools, LazKoin discounts, Lazada's special free shipping program, Lazada paid promotions, and Lazada shopping festivals.

The Lazada promotional tools allow sellers to offer attractive discounts through flash sales and store coupons, engaging customers, increasing sales, and building brand loyalty.

Source: AMZ123

9. Amazon Japan Lowers Commission to 5% for Products Priced Under 750 Yen

On May 21, it was reported that following the reduction of commissions for low-priced clothing items, Amazon Japan is lowering the sales commission to 5% for various product categories priced under 750 yen. Starting June 1, Amazon Japan will reduce the sales commission to 5% for all products priced under 750 yen (approximately 34.72 RMB), excluding books, music, DVDs, films, computer software, video games, and Amazon device accessories, with a minimum charge of 30 yen.

Source: Amazon Global Selling

10. Shopee Shortens Shipping Time Again, Increasing Stock Pressure on Sellers

On May 21, it was reported that Southeast Asian e-commerce giant Shopee announced that starting June 3, 2024, the shipping time for the Philippines site will be reduced from 2 days to 1 day. This means that sellers will need to schedule shipment and hand over the parcels the day after the order is confirmed, or it will be considered a delayed shipment.

However, Sundays and public holidays are not included in the shipping time limit. For example, if a seller confirms an order on a Saturday, they can skip Sunday and ship the order on the following Monday.

Source: KuaTong News

11. Amazon Experiences Widespread Errors

On May 21, it was reported that shortly after the uproar over account suspensions due to variant violations had subsided, with many Amazon sellers' accounts being reinstated and ready to resume operations, a new issue arose. Many sellers found a widespread 8040 error when trying to merge store links.

However, some sellers were fortunate enough to successfully merge variants despite encountering the 8040 error. They reported, "Although there's an error, check if the merge was successful. We encountered the 8040 error but still managed to merge successfully."

In summary, this widespread 8040 error occurred unexpectedly. Affected sellers should quickly check their account and product status, wait a bit to see if the links have merged successfully, or directly appeal to the platform.

Source: Ebrun

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Cross-border E-commerce Logistics Bai xiao sheng