1. Nine Departments Expand Cross-Border E-Commerce Exports and Promote Overseas Warehouse Construction

On June 12, the Ministry of Commerce released the "Opinions of the Ministry of Commerce and Other Nine Departments on Expanding Cross-Border E-Commerce Exports and Promoting Overseas Warehouse Construction." The opinions propose several measures to expand cross-border e-commerce exports, optimize overseas warehouse layouts, and accelerate the cultivation of new drivers of foreign trade. These measures include:

Actively Cultivating Cross-Border E-Commerce Entities:Supporting cross-border e-commerce to empower industrial development, improving services for cross-border e-commerce enterprises, supporting enterprises to participate in overseas exhibitions, and strengthening the construction of industry organizations and talent training.

Increasing Financial Support: Providing enhanced financial support for cross-border e-commerce enterprises.

Strengthening Infrastructure and Logistics Systems: Promoting the high-quality development of overseas warehouses, enhancing logistics support capabilities for cross-border e-commerce, and helping relevant enterprises to "go global."

Optimizing Supervision and Services: Improving the regulatory framework and service levels for cross-border e-commerce exports, and enhancing cross-border data management and services.

Actively Developing Standards and International Cooperation: Accelerating the construction of standards in the cross-border e-commerce field and fostering international cooperation.

Source: Ministry of Commerce

2. Temu Officially Launches in Brazil

On June 12, Temu officially launched in Brazil, offering consumers up to 90% discounts and free door-to-door delivery services. To celebrate the official launch in Brazil, Temu is providing three types of coupons: a 9% discount for purchases over 175 reais, a 14% discount for purchases over 250 reais, and a 13% discount for purchases over 400 reais.

According to a company statement, Temu has set a minimum order amount of 65 reais for each purchase, which includes a 17% ICMS state tax. All purchased goods will be delivered to the door by the postal service for free, and if there is a delay in delivery, Temu will provide a 10 reais voucher as compensation.

Source: InfoMoney

3. Kuehne+Nagel Constructs New E-Commerce Delivery Center

On June 12, it was reported that Kuehne+Nagel is building a new e-commerce delivery center in EZDubai, the e-commerce hub in the southern part of Dubai. The project is located near Al Maktoum International Airport, connected to Jebel Ali Port, and is expected to be operational in the second quarter of 2025. The center aims to meet LEED Silver standards and will provide over 23,000 square meters of state-of-the-art warehouse space, accommodating approximately 45,000 pallet positions. Customers will also benefit from a range of value-added services. The site is developed by Dubai South and Aldar Properties.

Source: Cross-Border E-Commerce Logistics Baixiaosheng

4. DHL Invests $57.5 Million in New Distribution Center

On June 12, logistics giant Deutsche Post DHL announced the relocation of its North Texas distribution center to Irving and a $57.5 million investment in the new center. The new distribution center is strategically located at 5320 West Airport Freeway in Irving, Texas, just six miles from Dallas-Fort Worth International Airport. As a fully-owned distribution center, DHL has invested $57.5 million in land, building, and automation technology.

The center will employ approximately 150 people, handling domestic import and export packages for B2C e-commerce businesses. Equipped with advanced circular sorting machines, it can process 24,000 packages per hour through eight induction lines, doubling the package handling capacity of the original site. The sorter’s accuracy rate is between 97% and 99%, ensuring efficient and high-quality order fulfillment.

Source: DHL

5. Cainiao and AliExpress Collaborate to Upgrade Logistics

On June 12, it was reported that Cainiao and AliExpress have jointly announced an upgrade in logistics to prepare for the 618 shopping festival in South Korea. More than 30 preferred warehouses in East and South China will directly ship to South Korea, assisting AliExpress merchants in easy shipment and seizing overseas market opportunities. After this logistics upgrade, merchants in North China can stock their goods in warehouses in Weihai and Yantai, Shandong, and quickly reach South Korea via sea and air transport. Merchants in East and South China can stock their goods in nearby preferred warehouses, and Cainiao will handle cross-border transport to South Korea, providing consumers with a multi-layered cross-border logistics solution that delivers within 5-10 days.

Source: Cainiao International

6.Number of Chinese Sellers on Ozon Platform Exceeds 100,000

On June 12, it was reported that by the end of 2023, the number of Chinese sellers on the Ozon platform had exceeded 100,000. Currently, Ozon has approximately 500,000 registered sellers, with Chinese sellers accounting for about 20%. In 2023, the revenue of Chinese sellers on Ozon more than doubled compared to 2022, and the number of orders increased by more than five times, indicating strong interest from platform users in products made by Chinese manufacturers. Currently, Chinese sellers account for over 90% of cross-border trade on the platform.

Overall, in 2023, China's exports to Russia grew by 47%, reaching $111 billion, accounting for about 40% of Russia's total imports of $285.1 billion.

Source: Ozon

7.FedEx Opens New Cargo Route in Xiamen

On June 12, it was reported that FedEx flight FX5161 recently departed from Xiamen Airport, stopping in Seoul, South Korea, before heading to Anchorage, USA. This marks the official opening of the Xiamen-South Korea-Seoul-Anchorage cargo route. Operated by Boeing B777F freighters, this route has one flight per week on Saturdays starting from June 8. This is FedEx's first cargo route from Xiamen to Anchorage.

Source: Xiamen Daily

8. Haikou Airport Opens Third Fifth-Freedom Cargo Route

On June 12, it was reported that Haikou Meilan International Airport has launched a new "Haikou-Paris-Bournemouth" fifth-freedom cargo route. This is the third fifth-freedom cargo route opened by Meilan Airport this year and the fifth operated by Hainan Free Trade Port. The route is operated by British European Cargo Airline, primarily transporting e-commerce goods, with flights departing every Wednesday, Saturday, and Sunday from Meilan Airport, landing at Vatry Airport in Paris, France, and then flying to Bournemouth, UK.

Source: China News Service

9. Ezhou Huahu International Airport's International Cargo Volume Exceeds 100,000 Tons

On June 12, it was reported that since the opening of international cargo routes in April 2023, the international cargo volume at Ezhou Huahu International Airport has exceeded 100,000 tons as of June 8 this year. Ezhou Huahu International Airport is China's first professional cargo hub airport, currently operating 50 domestic cargo routes and 18 international cargo routes. It has built a 750,000-square-meter transfer center and a 52-kilometer intelligent sorting line, creating an air cargo network covering Asia and extending to Europe and America.

Source: Xinhua News Agency

10. Freight Futures Prices Plummet, Shipping Company Stocks Hit Limit Down

On June 12, it was reported that due to the United Nations Security Council passing a ceasefire resolution regarding Israel and Palestine, European freight futures prices collectively plummeted. Specifically, the EC2408 dropped by over 240 points in one day, while the EC2410 and EC2412 futures plunged by 14.2% and 15.63%, respectively.

In addition to the sharp drop in European freight futures, stocks of major global shipping companies also experienced significant declines. Companies such as COSCO, Yang Ming, Evergreen, OOCL, and Wan Hai saw their stock prices hit the limit down or approach it during today's trading.

Source: Yihangyun

11. COSCO Shipping Strengthens Container Services to Mexico

On June 12, it was reported that with the booming trade between China and Asia, COSCO Shipping Holdings Co., Ltd. will launch a fast service to Mexico to enhance shipping efficiency with Asia. This service will deploy eight vessels with capacities ranging from 4,000 to 6,000 TEU, calling at ports including Busan, Dalian, Ningbo, Shanghai, Qingdao, Ensenada, and Manzanillo. From January to April this year, the throughput of Mexican ports increased by 18.2% year-on-year, particularly at the nine ports along the Pacific coast, indicating great potential for Asia-Mexico trade. COSCO Shipping currently operates 12 container routes to Mexico, with a total capacity exceeding 220,000 TEU.

Source: Logistics Baba

12. MSC Launches New Asia-East Coast South America Service

On June 12, it was reported that MSC is expanding its coverage of Asian ports through a new service. The company announced the new weekly Carioca service, in addition to its existing Ipanema and Santana services, which connects Asia with the East Coast of South America. The Carioca service in Brazil will expand port coverage by adding stops at Itapoa and Rio de Janeiro, improving connections to Navegantes, Vitória, and the River Plate region through Rio de Janeiro. This will increase the sailing frequency from South Korea and China to southern Brazil.

The full rotation sequence is as follows: Busan – Shanghai – Ningbo – Shekou – Singapore – Rio de Janeiro – Paranagua – Itapoa – Santos – Itaguai – Colombo – Singapore – Busan. The first voyage will depart from Busan on July 19, 2024, with the MSC Yokohama.

Source: Logistics Baba

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