1. Amazon Plans to Launch a "Low-Price Store" Similar to TEMU

On June 28, it was reported that Amazon is considering launching a "low-price store" similar to Temu to address the market competition and consumer traffic shift brought by emerging platforms. Amazon plans to leverage its operational warehouses in China to ensure fast delivery service within 9 to 11 days, while allowing sellers to set their own prices and manage their inventories. Additionally, the "low-price store" will have independent search result displays, separate from Amazon's main FBA products, aiming to protect seller interests and offer lower price points. Currently, the project is in its early stages, with only a select group of sellers invited to participate internally.

Source: Jiemian News

2. China Cargo Airlines and Air France-KLM Cargo Sign Cooperation Agreement

On June 28, it was announced that China Cargo Airlines and Air France-KLM Cargo have signed a new block space agreement, effective from July 1, 2024. This agreement allows China Cargo Airlines to utilize the bellyhold capacity of Air France's passenger flights from Paris Charles de Gaulle Airport to São Paulo Guarulhos Airport. China Cargo Airlines, based in Shanghai, operates from Hongqiao and Pudong International Airports, serving 1,088 destinations across 184 countries.

Source: Cross-border E-commerce Logistics Expert

3. DHL Releases 2024 Global Online Shopper Trends Report

On June 28, DHL ECOMMERCE released the initial results of its "2024 Global Online Shopper Trends Report." Based on a survey of 12,000 consumers from 24 key global markets, the report highlights that app-based platforms like SHEIN and TEMU are gaining popularity worldwide due to their wide product offerings and low prices. SHEIN is particularly popular among shoppers in the UAE, Morocco, and Brazil, while TEMU has gained significant attention among shoppers in the US and the Netherlands.

65% of global shoppers emphasize the importance of knowing their courier service providers. High shipping costs remain a significant barrier, with 41% of shoppers abandoning purchases due to these costs. The report also underscores the importance of transparency and trust in the delivery process, as shoppers want to know the logistics partners handling their orders.

Source: DHL ECOMMERCE

4. Amazon Global Logistics Announces Expansion of AWD Storable Categories

On June 28, Amazon Global Logistics announced an upgrade for the peak season, expanding the categories that can be stored in AWD (Amazon Warehouse Deals). Shoe and boot sellers can now send their goods to AWD. Currently, categories eligible for AWD include shoes/boots and clothing. It is reported that shipping to AWD through AGL (Amazon Global Logistics) can offer up to a 25% discount on AWD storage, handling, and shipping fees, reducing the complexity of peak season shipping and saving logistics costs for sellers.

Source: Amazon Global Logistics

5. TikTok Shop to Launch in Spain

On June 28, it was announced that TikTok Shop will officially open to the Spanish market on July 1. TikTok Shop will provide local and fully managed operation modes for sellers and will integrate e-commerce into its extensive Spanish social media network. The Spanish e-commerce market has significant potential, expected to reach $35.5 billion in 2024, with a compound annual growth rate of 9.72% over the next five years, reaching $56.46 billion by 2029. Spain is one of the fastest-growing countries in Europe. TikTok Shop's expansion into Europe and other global markets is expected to bring new growth opportunities for cross-border sellers.

Source: TikTok Shop

6. eBay Adds New European Shipping Service

On June 28, eBay announced that to further optimize sellers' business development in the European market and enhance service levels, SpeedPAK will launch standard services from mainland China to 26 European countries and regions starting from June 28, 2024.

Source: eBay

7. Shopee Platform Announces New Regulations

On June 28, Shopee announced that starting from July 15, products receiving an excessive number of 1-2 star ratings due to poor quality will be hidden or deleted. Sellers are required to promptly improve their products to avoid affecting store performance. If sellers believe that the buyer's review is unrelated to the product, they can apply for its removal.

Source: Shopee

8. Amazon Adjusts Free Shipping Threshold for Non-Prime Members

On June 28, Amazon quietly adjusted its policy for non-Prime members enjoying free standard shipping, raising the minimum order amount from £25 to £35. This change only affects non-Prime members, while Prime member benefits remain unaffected. Orders below £35 will incur delivery charges ranging from 99p to £4.99, but orders containing books valued over £10 will still enjoy free shipping. This policy applies only to items sold or fulfilled by Amazon; third-party seller items may incur additional shipping costs. Amazon recommends consumers register for Prime, combine orders, or use Amazon Lockers or pickup locations to avoid delivery fees.

Source: Amazon

9. TikTok Shop Sees Fivefold Growth in Southeast Asian Cross-border Sellers

On June 28, during the 2024 TikTok Shop Southeast Asia Cross-border E-commerce Annual Summit, Adam Xiao, Head of TikTok Shop Southeast Asia Cross-border E-commerce, stated that TikTok Shop's cross-border business in Southeast Asia is rapidly growing, with the benefits just beginning. Official data shows that in 2023, the number of cross-border active products in Southeast Asia increased by over 19 times year-on-year, and the number of cross-border sellers in the region grew nearly fivefold.

Source: TikTok Shop

10. CMA CGM to Impose Overweight Surcharge from the Middle East Gulf to Europe

On June 28, CMA CGM announced that starting from July 6, 2024 (loading date), an overweight surcharge (OWS) will be imposed on shipments from the Middle East Gulf to Northern Europe, Scandinavia and Poland, the Western Mediterranean, the Eastern Mediterranean, the Adriatic, the Baltic, North Africa, and Morocco. For each 20-foot dry container with a gross weight of 15 tons or more, the surcharge will be $200, and this measure will remain in effect until further notice.

Source: CMA CGM

11. Royal Mail Opens New International E-commerce Hub

On June 28, it was announced that Prestwick Airport will become Royal Mail's latest international e-commerce hub. This joint solution between Prestwick Airport and Royal Mail will provide full visibility and traceability from landing to customer delivery, potentially saving delivery time through streamlined processes. Prestwick Airport recently announced a £2.2 million investment in cargo equipment, which is crucial for the rapid recovery needed in the e-commerce sector. Additionally, Prestwick Airport introduced its fast and efficient e-commerce solutions at the China Air Cargo Expo.

Source: Cross-border E-commerce Logistics Expert

END

Official Account: Cross-border E-commerce Logistics Baixiaosheng