1.SF Airlines launches Ezhou's first route to Hungary
June 18 news: An SF Airlines B747-400 freighter carrying nearly 100 tons of cargo took off from Ezhou Huahu International Airport in the early hours of the 17th, heading to Budapest, the capital of Hungary, marking the official opening of the "Ezhou = Budapest" international cargo route. This is Ezhou's first cargo route to Hungary. The "Ezhou = Budapest" route is planned to operate once a week, providing over 200 tons of air cargo capacity per week between Ezhou and Budapest. The cargo mainly includes express deliveries, e-commerce goods, and general cargo.
Source: Fengcai Yiyi
2.Loctek plans to build an overseas warehouse in Georgia, USA
June 18 news: Loctek Holdings announced that to further enhance the company's competitiveness and accelerate the development of its public overseas warehouse business, its wholly-owned subsidiary Ellabell Bryan Lecangs LLC plans to sign a construction contract with Clayco, Inc. for the "Ellabell Overseas Warehouse Project in Georgia, USA." The total construction cost is estimated to be $78 million (approximately 550 million RMB). The "Ellabell Overseas Warehouse Project in Georgia, USA" is part of the company's fundraising project through the issuance of shares to specific targets. The required funds for this construction will be initially invested by the company and replaced once the fundraising is completed.
Source: Loctek
3.UPS expands supply chain operations at Frankfurt Airport
June 18 news: As part of its ongoing investment in Germany and other parts of Europe, UPS has expanded its Central European supply chain logistics hub at Frankfurt Airport.
This expansion increases the facility's warehouse space by about 24%, reaching 6,800 square meters, thereby boosting its capacity to handle aircraft pallets and containers (ULDs) by 30%. Additionally, the facility's lighting system has been modernized, reducing energy consumption by 76%, which equates to an annual saving of 375,000 kWh. In Germany, UPS only uses electricity from German renewable energy sources.
Source: National Postal Administration
4.Cainiao launches "5-day delivery" service on the US direct line
June 18 news: Cainiao data shows that in May this year, the volume of parcels on Cainiao's US direct line increased by more than 70% compared to the same period last year. During the 618 Shopping Festival, Cainiao announced a major upgrade to its US direct line, launching a "5-day delivery" service. According to the service terms, if a consolidated parcel fails to reach the consumer within the promised 5 business days, Cainiao may compensate the consumer with a 50 RMB shipping voucher. The first batch of "5-day delivery" services will initially cover five states with the highest concentration of Chinese communities and international students: California, New Jersey, New York, Pennsylvania, and Massachusetts. Additionally, Cainiao revealed that the "5-day delivery" service will gradually expand to the entire United States in the future.
Source: Cainiao
5. DHL notification on inspection of wooden boxes, pallets, and irregular shipments
June 18 news: DHL has notified that for safety and security reasons, it will inspect the packaging conditions of wooden boxes, pallets, and irregular shipments upon receipt of returned goods, effective from July 1, 2024. If the packaging is improper, the shipment will be rejected, and the goods will incur high return or repackaging costs or delays in warehouse processing. Issues include:
1. Inadequate crate structure.
2. Unsealed carton closures.
3. Very soft carton packaging.
Source: DHL
6. Shopee Malaysia Station raises FHR threshold
June 18 news: Starting from the 17th, Shopee Malaysia Station will implement two important policy updates for local Preferred, Preferred+, and Shopee Mall sellers. The Shopee platform will replace the original Average Preparation Time (APT) standard with the Fast Handover Rate (FHR). Preferred and Shopee Mall sellers must achieve an FHR of at least 60%, while the FHR standard for Preferred+ sellers is raised to 70% or higher. This move ensures faster processing from order placement to logistics reception, providing buyers with quicker response times. The platform's Days to Ship (DTS) policy will now include Saturdays as working days, speeding up the order processing cycle.
Source: Chuhaiwang
7. Amazon opens "Subscribe & Save" feature to seller-fulfilled orders
June 18 news: Amazon announced to FBA sellers that it will extend its "Subscribe & Save" program to seller-fulfilled products. This program offers discounts on frequently purchased products for buyers who commit to regular purchases, aiming to improve conversion rates, encourage repeat purchases, and build brands. Amazon will automatically apply the default discount set by sellers to all eligible replenishable products starting June 27. Sellers can opt-out of automatic enrollment, but this will not affect existing FBA "Subscribe & Save" products. Sellers must update the discount funding for each product after June 27.
Source: Amazon
8. Maersk imposes peak season surcharge on multiple routes
June 18 news: Effective June 28, 2024, Maersk will implement a peak season surcharge (PSS) on dry bulk and refrigerated containers departing from North China ports and heading to Sihanoukville. Maersk will also impose a PSS on dry bulk and refrigerated containers departing from all Chinese ports and heading to Indonesia, Malaysia, Singapore, and Brunei starting June 26, 2024. Additionally, starting June 22, 2024, Maersk will apply a PSS on dry bulk and refrigerated containers departing from Chinese ports and heading to Bangladesh.
Source: Maersk
9. Northwest Cargo Airlines launches new international cargo route
June 18 news: A Boeing 757-200 freighter fully loaded with high-value cargo took off from Xi'an Xianyang International Airport on the 15th and smoothly landed at Almaty International Airport after a four-and-a-half-hour flight, marking the successful launch of the Northwest Cargo Airlines "Xi'an = Almaty" full cargo route and an important step in building Xi'an Airport's main operating base. This route is Northwest Cargo Airlines' first international route from Xi'an to Central Asia. The transported goods include electronics, machinery parts, and specialty agricultural products, mainly serving the local supply chains of new energy vehicles and electronic information industries.
Building on the opening of this Central Asia route, Northwest Cargo Airlines will firmly implement Shaanxi Province's Belt and Road key route development strategy, deeply explore the potential of the air cargo market, optimize internal resource allocation, strengthen external industrial coordination, and open more domestic and international cargo routes from Xi'an, further supporting the construction of Xi'an as a national logistics hub with an airport economy.
Source: Northwest Cargo Airlines
10. Chuhai Platform Xiaobenniao to build digitalized overseas warehouse in Croatia
June 18 news: Chuhai platform Xiaobenniao announced a cooperation with Special Economic Zone d.o.o. (SEZ) in cross-border trade and bonded logistics warehousing. A Xiaobenniao representative stated that both parties will jointly design overseas warehouse service products, connecting local resources in Croatia from both hardware and software aspects to build a digitalized and intelligent overseas warehouse. Xiaobenniao will work with partners to build a professional digital platform, using digital technology to improve transparency and efficiency in cross-border logistics services.
Source: Beijing Business Today
11. Shenzhen's foreign trade surges over 34% in the first five months
June 18 news: According to the latest data from Shenzhen Customs, Shenzhen's imports and exports totaled 1.81 trillion RMB in the first five months of this year, an increase of 34.3% year-on-year. Of this, exports amounted to 1.16 trillion RMB, growing by 37.2%, while imports reached 652.54 billion RMB, up by 29.4%.
Despite the impact of various complex domestic and international factors, Shenzhen's foreign trade showed a strong start this year. The import and export volume and growth rate in the first five months outperformed the national and provincial levels, accounting for 10.4% of the national total and 50.5% of Guangdong's total. The positive trend continues to strengthen, demonstrating resilience and vitality.
Source: Shenzhen Special Zone Daily
12. Ministry of Transport: Accelerate the development of world-class port clusters
June 18 news: The Ministry of Transport recently issued the "Opinions on Strengthening the Planning and Construction of Coastal and Inland Ports and Waterways in the New Era." The "Opinions" state that efforts should be made to promote a multi-level national port hub system, accelerate the creation of world-class port clusters, and continuously enhance the development capacity of international hub ports, strengthen the functions of major port hubs, and improve the specialized terminal support capabilities for key cargo transport systems.
To strengthen the functions of major port hubs, the "Opinions" require fully leveraging the backbone role of major ports in foreign trade and bulk cargo transport and enhancing comprehensive hub functions. Following the principles of orderly, moderate, and moderately advanced development, the "Opinions" emphasize fully utilizing existing facilities and optimizing the supply of new facilities. By leveraging the advantages of port logistics, trade flow, and capital flow, platforms for bulk commodity trading, logistics finance, and other services should be built, expanding commercial service functions and extending industrial and trade chains.
Source: Ministry of Transport
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Public Account: Cross-Border E-commerce Logistics Baixiaosheng