1.SF Supply Chain and International Business Revenue Continue to Grow

On June 20, SF Holding released its operating data for May 2024. SF achieved a total revenue (excluding Fengwang, hereinafter the same) of 22.555 billion yuan in May, a year-on-year increase of 12.73%. Among this, express delivery business revenue reached 17.097 billion yuan, a year-on-year increase of 13.87%, with the business volume reaching 1.121 billion tickets, a year-on-year increase of 21.85%, and the unit price per ticket being 15.25 yuan. With the recovery of demand for international air and sea transportation and an increase in freight rates, SF's supply chain and international business revenue continued to grow, reaching 5.458 billion yuan, a year-on-year increase of 9.31%.

Based on monthly operating data, SF's revenue exceeded 100 billion yuan in the first five months, reaching 107 billion yuan. This achievement is closely related to SF's adherence to a sustainable and stable development strategy, pursuit of high-quality business growth, and differentiated competitiveness through comprehensive logistics services.

Source: Logistics Intelligence

2.A-Share Listed Airlines Release May Performance Results

On June 20, it was reported that six listed airlines, including Air China, China Eastern Airlines, China Southern Airlines, Hainan Airlines, Spring Airlines, and Juneyao Airlines, disclosed their main operating data for May. The performance was impressive, with many key operating indicators showing year-on-year growth. In terms of cargo transportation, the six airlines' total cargo and mail transport volume for the month was 423,000 tons, roughly the same as the same period in 2019. Spring Airlines had the largest increase in cargo and mail carrying capacity among the airlines, reaching 6,000 tons for the month, exceeding the level of the same period in 2019 by 20%. Among the three major airlines, China Eastern had the largest increase, with 89,000 tons for the month, exceeding the level of the same period in 2019 by 10%.

The data shows that Air China's cargo and mail transport volume was 125,000 tons, a year-on-year increase of 45.2% compared to 2023; China Southern Airlines' cargo and mail transport volume was 153,000 tons, a year-on-year increase of 21.9% compared to 2023; China Eastern Airlines' cargo and mail transport volume was 89,000 tons, a year-on-year increase of 30.9% compared to 2023; Spring Airlines' cargo and mail transport volume was 6,000 tons, a year-on-year increase of 25.9% compared to 2023; Juneyao Airlines' cargo and mail transport volume was 11,000 tons, a year-on-year increase of 32.5% compared to 2023; and Hainan Airlines' cargo and mail transport volume was 38,000 tons, a year-on-year increase of 24.3% compared to 2023.

Source: Civil Aviation Resource Network

3.SF's Wang Wei Attends China-Australia Business CEO Roundtable

On June 20, it was reported that on the morning of June 18 local time, Premier Li Qiang of the State Council and Australian Prime Minister Anthony Albanese jointly attended and delivered speeches at the 7th China-Australia Business CEO Roundtable in Perth, with about 30 heads of chambers of commerce and enterprises from China and Australia participating.

Wang Wei, Chairman and General Manager of SF Holding, participated in the event as a representative of Chinese entrepreneurs. He exchanged views with leaders and entrepreneurs from China and Australia on "Building a Global Logistics Network and Facilitating China-Australia Economic and Trade Exchanges." In the future, SF will accelerate the expansion of its cross-border logistics network between China and Australia, enhance its supply chain service capabilities in Australia, and provide safer and more efficient logistics support for bilateral economic and trade cooperation.

Source: SF Group

4.Ezhou Airport Launches New North American Cargo Route

On June 20, it was reported that with the successful takeoff of an Atlas Air B747F freighter from Ezhou Huahu International Airport on the 19th, heading to Chicago, USA, the regular cargo route "Ezhou=North America" by Apex had its maiden flight. This regular cargo route is operated by Apex International Logistics (China) Co., Ltd., with Atlas Air, a well-known all-cargo aircraft operator in the United States, responsible for flying. Apex is a globally renowned air freight forwarding company. Its opening of routes at Huahu Airport will effectively drive high-end manufacturing in Hubei back to the Hubei air freight market and marks the pressing of the "fast-forward button" for "Ezhou goods returning to Ezhou."

The first inbound flight of this route arrived at Huahu Airport at 2:39 a.m. on June 19, carrying import goods such as cross-border e-commerce and fresh food. After a short stay, it departed for Chicago, USA, fully loaded with 105 tons of export goods. The export goods included cross-border e-commerce items, Lenovo Group electronic products, and more, mainly from Hubei and surrounding areas. While promoting "Ezhou goods returning to Ezhou," it also attracted transfer goods from East and South China, effectively expanding the coverage of Hubei's cross-border logistics network.

Source: Air Cargo News Express

5.YTO, Yunda, and STO Release Latest Performance Results

On June 20, it was reported that YTO Express, Yunda Express, and STO Express, all listed on the A-share market, released their May performance reports. YTO Express's express product revenue in May was 5.093 billion yuan, a year-on-year increase of 22.62%; the business volume was 2.284 billion tickets, a year-on-year increase of 27.59%; the unit revenue of express products was 2.23 yuan per ticket, a year-on-year decrease of 3.89%.

Yunda Express's express service revenue in May was 4.136 billion yuan, a year-on-year increase of 10.06%; the business volume was 2.042 billion tickets, a year-on-year increase of 32.68%; the unit revenue of express services was 2.03 yuan per ticket, a year-on-year decrease of 16.80%.

STO Express's express service revenue in May was 3.902 billion yuan, a year-on-year increase of 17.61%; the business volume was 1.946 billion tickets, a year-on-year increase of 29.48%; the unit revenue of express services was 2.01 yuan per ticket, a year-on-year decrease of 9.05%.

Source: Express Magazine

6.Lazada Becomes the First Southeast Asian E-commerce Partner of UEFA EURO 2024

On June 20, it was announced that Lazada has established a formal partnership with UEFA EURO 2024™, making Lazada the first Southeast Asian e-commerce partner of the 2024 European Championship. From July 1 to 3, Lazada will launch a "Ball Sale" promotion offering discounts of up to 70% on sports products and other outdoor activities and hobbies. Additionally, Lazada will release limited edition paama jerseys, which fans can win through interactive contests on social media.

Source: Lazada

7.Shopee Malaysia Adjusts Economy Sea Shipping Channel

On June 20, it was reported that to expand the coverage of its logistics services and enhance user experience, Shopee Malaysia's Economy Delivery (Sea Shipping) channel will add Malaysia Zone B and Zone C areas starting from 00:00 (local time) on June 19, 2024. Buyers with delivery addresses in Malaysia Zone B and Zone C can choose the economy sea shipping channel for orders and deliveries.

Source: Shopee

8.Temu Changes Original Brand Pronunciation

On June 20, it was reported that discount online shopping platform Temu has rebranded itself just one year after entering the Australian retail market. A company spokesperson confirmed that despite spending $7 million (10.59 million AUD) on advertising during the 2023 Super Bowl to promote the original pronunciation "Tee-mu," they have now changed the brand's pronunciation to "Teh-mu." The spokesperson stated that as Temu continues to expand into new global markets, they want to ensure the brand name is presented consistently and memorably across different regions and languages. "After careful consideration, we believe the new pronunciation better achieves this goal."

Source: bianews

9. Lazada Launches Five Innovative Tools to Assist Sellers and Shoppers

On June 20, it was reported that e-commerce platform Lazada has launched five innovative tools aimed at helping sellers increase sales and assisting shoppers in saving more. These tools include Lazada Promotion Tools, LazCoins Discounts, Lazada Special Free Shipping Program, Lazada Sponsored Solutions, and Lazada Event Participation. The Lazada Promotion Tools attract customers and drive sales through flash sales and seller coupons; LazCoins Discounts offer exclusive gifts to regular customers, increasing product visibility; the Special Free Shipping Program attracts potential buyers and increases average spending; Sponsored Solutions target potential shoppers by increasing visibility in search and recommendation positions, and reach buyers outside the platform through sponsored affiliates; Event Participation provides sellers with opportunities to increase visibility among consumers with high purchase intentions.

Source: Chuhai Network

10.Global Cross-Border E-commerce (Beijing-Tianjin-Hebei) "Three Centers" Project Settles in Hebei

On June 20, it was reported that during the World Cross-Border E-commerce Development Conference held at the Langfang Economic and Trade Fair, the China Association of Trade in Services signed an agreement with the Management Committee of Beijing Daxing International Airport Economic Zone (Langfang). The Global Cross-Border E-commerce (Beijing-Tianjin-Hebei) "Three Centers" Project will be established in Hebei. The three centers are the Global Cross-Border E-commerce Ecosystem Aggregation Center, the Global Cross-Border E-commerce Transaction Service Center, and the Global Cross-Border E-commerce Digital Supply Chain Center.

Source: Hebei Daily

11.Shopify Launches Free Temporary DHL Pickup Service

On June 20, it was announced that merchants can now arrange free temporary DHL Express pickups through Markets Pro. Merchants should follow the same procedures as when shipping with Shopify when arranging DHL Express pickups via Markets Pro. Additionally, merchants can choose to combine Markets Pro and non-Markets Pro packages into a single DHL Express pickup request. It should be noted that the current free DHL Express pickup service is limited to temporary pickups. Foreign trade in the western region grew by 9.3% in the first five months of this year.

Source: Shopify E-commerce Platform

12.Brazil E-commerce Market Reaches $34.5 Billion

On June 20, it was reported that the Brazilian e-commerce market reached 185 billion reais (approximately $34.5 billion) in 2023, more than double the 70 billion reais in 2018. According to Brazilian analysis firm ECBD, perfumes and cosmetics had the highest number of online orders in 2023, followed by home decor, health foods, and beverages. Meanwhile, electronics accounted for 31% of Brazil's total e-commerce sales in 2023, followed by fashion products (27%), hobby and leisure products (14%), and furniture and home goods (11%).

Source: Brazilian E-commerce Association

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Public Account: Cross-border E-commerce Logistics Baixiaosheng