1. Operating Licenses of Over 600 International Freight Forwarding and Logistics Companies to Be Revoked

On June 7, it was reported that the Shenzhen Municipal Market Supervision Administration issued a notice titled "Announcement on Revoking Business Licenses of Companies that Have Long Suspended Operations and Ceased Operations." The announcement stated that after an investigation, the administration would revoke the business licenses, the most crucial operating qualification, of a batch of companies that violated laws and regulations.

According to the announcement, the Shenzhen Municipal Market Supervision Administration investigated cases involving a group of companies that had long suspended operations. The investigation has now concluded, and it has been decided to revoke the business licenses of these companies due to their prolonged suspension of operations. A review of the list of companies to be revoked revealed that a total of 639 international freight forwarding and logistics companies were included.

Source: YiHangYun

2. Global Top 50 Third-Party Logistics Companies Ranking Released

On June 7, it was reported that Armstrong & Associates (A&A), a leading third-party logistics consulting firm in the United States, released the ranking of the top 50 global third-party logistics companies. The ranking is based on the total logistics revenue/turnover of logistics companies in 2023. The top ten companies are: Amazon (1st), DHL (2nd), Kuehne+Nagel (3rd), DSV (4th), DB Schenker (5th), C.H. Robinson (6th), Nippon Express (7th), CEVA Logistics (8th), Sinotrans (9th), and Maersk Logistics (10th).

Among them, six Chinese companies made it to the top 50 global third-party logistics companies: Sinotrans (9th), Kerry Logistics (22nd), JD Logistics (39th), CIMC Wetrans (45th), EFL International (48th), and CTS International Logistics (50th).

Source: Armstrong & Associates

3. First Domestic All-Cargo Aircraft in China Flies Abroad

On June 7, it was reported that Urumqi Customs learned that on June 6, a domestically produced "passenger-to-cargo" aircraft carrying 4 tons of cargo flew from Yining, Xinjiang to Tashkent, Uzbekistan. This is the first time a domestically produced all-cargo aircraft has flown abroad, marking the opening of the first international cargo route for domestically produced all-cargo aircraft.

Source: CCTV News Client

4. Ezhou Airport Opens First International Scheduled Fifth Freedom Freight Route

On June 7, it was reported that at around 4 a.m. on June 6, the "Hua Hu" (K4882) flight, carrying nearly 50 tons of Chilean salmon, smoothly landed at Ezhou Huahu International Airport, officially opening the airport's first international scheduled fifth freedom freight route. The route, operated by Eastern Airlines Cold Chain Logistics Co., Ltd., connects Ezhou, China, Incheon, South Korea, and Miami, USA.

The outbound cargo mainly consists of cross-border e-commerce goods and electronic products, with plans to increase exports of fresh products in the future. The inbound cargo primarily includes live and fresh products and seasonal fruits and vegetables procured overseas by Eastern Airlines Cold Chain Logistics. The route is planned to operate 135 flights annually, with an expected annual import and export cargo volume of 20,000 tons.

Source: Ezhou Huahu International Airport

5. Tianjin Cargo Airlines Launches New International Freight Routes

On June 7, it was reported that Tianjin Cargo Airlines' B737 full freighter, loaded with daily chemical products, e-commerce goods, clothing, and other trade products, took off from Shenzhen Bao'an International Airport in the early hours of June 2 and airlifted to Manila International Airport. Shortly after, on the evening of June 3, it took off from Shenzhen again and airlifted to Clark International Airport. The flight distance was approximately 1500 kilometers, with an air travel time of about 2.5 hours. This marks the official opening of Tianjin Cargo Airlines' "Shenzhen=Manila, Shenzhen=Clark" international freight routes, and it is the first international freight route opened by Tianjin Cargo Airlines at its Shenzhen overnight base.

Source: Tianjin Cargo Airlines

6. Etihad Airways Signs Memorandum of Understanding with Beijing Daxing Airport

On June 7, it was reported that Etihad Airways, the national airline of the UAE, signed an important memorandum of understanding with Beijing Daxing International Airport at the China-UAE Business and Investment Forum. The aim is to strengthen strategic cooperation between the two parties.

According to the memorandum, the two parties will jointly develop cargo projects to enhance cargo transportation efficiency and cooperate on information sharing and technical programs to improve operational efficiency. This collaboration will further strengthen Etihad Airways' global influence, expand its route network, and improve service levels while adding new momentum to international aviation cooperation at Beijing Daxing International Airport.

Source: China Civil Aviation News

7. Alibaba International Station Becomes Official Partner of UEFA Euro 2024

On June 7, it was reported that Alibaba International Station has become the official B2B e-commerce partner of UEFA Euro 2024. It is reported that Alibaba International Station plans to leverage this official partnership to help Chinese foreign trade merchants expand their business opportunities in the European market. During the tournament, Alibaba International Station will launch a "UEFA Euro Special Promotion," coupled with its newly introduced semi-managed services, allowing foreign trade merchants to quickly boost their sales in the European market.

Source: Alibaba International Station

8. Shopify Acquires Checkout Blocks

On June 7, it was reported that Canadian e-commerce giant Shopify recently announced the acquisition of Checkout Blocks, a company that provides no-code solutions allowing Shopify merchants to customize their checkout processes. Currently, over 850 Shopify Plus merchants are already using the company's solutions to tailor their checkout experiences. Starting from Monday, the company will offer its introductory plan free of charge to all Shopify Plus merchants.

Source: pymnts

9. Shopee Supports First-Mile Forecast Function for Self-Delivery Sellers

On June 7, it was reported that to better help sellers improve their shipping efficiency, the platform has supported self-delivery sellers (using Lalamove or self-delivery) to use the first-mile function for shipment forecasting and order status updates starting from June 4, 2024. After sellers forecast the order, they can print the batch collection number in advance. Upon delivering to the Shopee transit warehouse, they can hand it over to the warehouse staff for scanning, updating the order status to "In Transit."

Source: Shopee

10. Brazilian Senate Votes to Approve 20% Import Tax on Cross-Border Packages

On June 7, it was reported that on the afternoon of June 5, local time, the Brazilian Senate approved the basic text of the "Green Mobility and Innovation Program" (Programa Mobilidade Verde e Inovacao, Mover) bill. This bill includes a provision to impose a 20% import tax on goods purchased cross-border by individuals for items under $50, referred to by Brazilians as the "shirt tax." The bill needs to be approved by President Lula to take effect.

The Brazilian government began reforming personal cross-border shopping taxes on August 1 last year, initially imposing a 17% import value-added tax (ICMS) on personal cross-border shopping packages. With the newly approved 20% import tax (including import duty and import business tax), the actual comprehensive tax rate for personal cross-border shopping would be 44.578%. The calculation is: [(1+20%)/(1-17%)]-1=44.578%. This makes Brazil's personal cross-border shopping import tax rate the highest globally, and its impact remains to be seen.

Source: Anjun Express

11. Yuntu Logistics Launches Japan Standard Express Product

On June 7, it was reported that Yuntu Logistics has launched a Japan Standard Express product based on Japanese sellers' expectations to improve logistics timeliness and competitiveness. The goal is simple—to help Japanese sellers solve logistics timeliness issues with more efficient and high-quality cross-border logistics solutions, allowing easy and fast access to the Japanese market. With efficient operations across key segments, including warehousing, aviation, and customs clearance, the Japan Standard Express product ensures seamless connections and precise coordination between segments, significantly improving timeliness and delivering goods to consumers at least 2-3 days earlier.

Source: Yuntu Logistics

12. Shenzhen Port Group and Port of Los Angeles Sign Memorandum of Understanding

On June 7, it was reported that Shenzhen Port Group, along with the Shenzhen North America Economic and Trade Representative Office and Yantian International, signed a memorandum of understanding with the Port of Los Angeles at the China (Guangdong)-USA (California) Business Matchmaking Conference held in San Francisco.

According to the agreement, the parties will explore "sister port" cooperation opportunities from multiple perspectives and fields, including green port infrastructure construction, clean energy, zero-carbon and low-carbon environmental protection, and conduct technical exchanges and project cooperation. They will also enhance operational efficiency through digitalization, optimize the maritime supply chain, and focus on deploying emission reduction, decarbonization, and energy-saving technologies to develop a green marine economy and promote sustainable and healthy regional economic development.

Source: China Shipping Weekly

13. CMA CGM Imposes Peak Season Surcharge on Multiple Routes

On June 7, it was reported that CMA CGM announced on its official website that it will impose a peak season surcharge (PSS) on routes from Asia to the United States starting from July 1, 2024 (loading date), effective until further notice.

From July 3, 2024 (loading date), it will impose a peak season surcharge from Asia (including China, Taiwan, Hong Kong, and Macau, Southeast Asia, South Korea, and Japan) to Puerto Rico and the U.S. Virgin Islands, charging $2,000 per container for all cargo, effective until further notice.

From June 7, 2024 (loading date), it will adjust the peak season surcharge (PSS) from China to West Africa, effective until further notice.

Source: CMA CGM

14. Maersk Announces Peak Season Surcharge on Multiple Routes

On June 7, it was reported that Maersk will increase the peak season surcharge (PSS) from China, Hong Kong, and Taiwan to Angola, Cameroon, Congo, the Democratic Republic of Congo, Equatorial Guinea, Gabon, Namibia, Central African Republic, and Chad, effective June 10, 2024. For Taiwan, it will be effective from June 23, 2024.

Maersk will also increase the PSS from China, Hong Kong, and Taiwan to the UAE, Bahrain, Iraq, Jordan, Kuwait, Oman, Qatar, and Saudi Arabia, effective June 15, 2024. For Taiwan, it will be effective from June 28, 2024.

Maersk will impose a PSS on dry and reefer containers from South China ports to Bangladesh starting June 15, 2024, charging $700 for a 20-foot container and $1,400 for a 40-foot container and reefer container.

Maersk will adjust the PSS for all types of containers from Far East Asia to India, Pakistan, Sri Lanka, and the Maldives starting June 17, 2024.

Source: Maersk

15. COSCO Shipping Increases FAK Rates from Far East to North America

On June 7, it was reported that COSCO Shipping announced that it will increase the FAK (Freight All Kinds) rates from the Far East to North America from June 15 to June 30, reaching up to $9,200.

Source: COSCO Shipping

16. China-Europe (France) Cross-Border E-Commerce Overseas Service Center Launched

On June 7, it was reported that the fourth China-France Cross-Border E-Commerce Forum was successfully held at the Pullman Hotel in Paris. During the forum, the China (Hangzhou) Cross-Border E-Commerce Comprehensive Pilot Zone officially launched the China-Europe (France) Cross-Border E-Commerce Overseas Service Center in Paris and signed a memorandum of understanding.

Source: China Cross-Border E-Commerce Comprehensive Pilot Zone

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Official Account: Cross-Border E-commerce Logistics Baixiaosheng