1.Amazon Partners with Sun Country Airlines

On July 9, Amazon announced the expansion of its air cargo network with a new agreement with Sun Country Airlines. This agreement will see the operation of 8 more Boeing 747 cargo planes until 2030, with an option to extend until 2037. This move will bring Sun Country's Amazon air cargo fleet to 20 planes. The first of the new planes is expected to be operational in the first quarter of next year, and all eight planes are expected to be operational by the third quarter of 2025.

Source: Compiled by Cross-border E-commerce Logistics Expert

2.CMA CGM Surpasses Maersk to Take the Top Spot

On July 9, according to data from Sea-Intelligence, CMA CGM had the highest schedule reliability among global liner companies in May 2024, reaching 57.1%. Additionally, the schedule reliability of OOCL, COSCO Shipping, Evergreen Marine, Wan Hai Lines, Maersk, Hapag-Lloyd, and MSC also exceeded 50%.

Source: Maritime Network

3.J&T Express Releases Latest Performance Report

On July 9, J&T Express released its Q2 2024 operational data on the Hong Kong Stock Exchange. The report showed that J&T Express handled a total of 11.015 billion parcels in the first half of this year, a year-on-year increase of 38.3%; the average daily parcel volume was 60.5 million, a year-on-year increase of 37.5%.

In the first half of the year (up to June 30, 2024), the Chinese market handled 8.836 billion parcels, a year-on-year increase of 37.1%, with an average daily parcel volume of 48.5 million, a year-on-year increase of 36.3%. The Southeast Asian market handled 2.043 billion parcels, a year-on-year increase of 42.0%, with an average daily parcel volume of 11.2 million, a year-on-year increase of 41.2%.

Source: Logistics Insight

4.YTO Express and KazPost Establish Joint Venture

On July 9, YTO Express announced that its wholly-owned subsidiary, Liancheng Logistics Global Limited, had signed a partnership agreement with KazPost, the national postal service of Kazakhstan. The joint venture has a registered capital of $1 million, with Liancheng contributing $600,000 for a 60% stake and KazPost contributing $400,000 for a 40% stake. The joint venture will become a subsidiary of YTO Express. YTO Express disclosed that the joint venture will establish joint distribution centers in Kazakhstan and Central Asia, developing international and domestic express services and other related services.

Source: YTO Express

5.Temu and SHEIN Win Favor Among UK Consumers

On July 9, according to a survey by e-commerce marketing company Omnisend of 1,000 UK citizens, Chinese e-commerce platforms such as Temu and SHEIN are quickly gaining favor among UK consumers, impacting established e-commerce giants like Amazon to some extent. The survey found that about 60% of UK consumers shopped on platforms like Temu and SHEIN in the past year, with their popularity gradually increasing. Among them, 71% of UK consumers were aware of Temu, and 63% knew about SHEIN.

Source: AMZ123

6.Philippines E-commerce Companies Enter Taxation Era

On July 9, it was reported that the era of taxation for the Philippines' e-commerce sector has officially begun. Recently, Philippine lawmakers passed a bill to impose value-added tax (VAT) on foreign digital service providers, requiring all non-resident digital service providers to register with the Philippine Bureau of Internal Revenue (BIR) and to levy a 12% VAT on all digital transactions with Philippine customers. According to the latest notification from the BIR, relevant companies have an additional 90-day compliance extension, with a deadline of July 14, 2024. E-commerce sellers must complete BIR registration to ensure tax compliance and avoid service suspension.

Source: EBRUN

7. AliExpress and Temu See Rising User Numbers in South Korea

On July 9, according to data analysis by WiseApp·Retail·Goods, the number of users on Alibaba's AliExpress in South Korea in June increased by 0.8% month-on-month, while Temu achieved a 3.3% increase. This growth is mainly due to large-scale discount events held by the platforms, attracting consumers to return. Meanwhile, AliExpress and Temu are increasing the number of Korean wholesalers and expanding into fresh food sales.

Source: WiseApp·Retail·Goods

8.Shopify: 31% of Australian Consumers Prefer Online Shopping

On July 9, Shopify's "2024 Australia Retail Report" revealed significant changes in Australian consumers' shopping behavior over the past year. In 2024, 43% of Australian consumers prefer shopping in physical stores, up from 38% last year. Meanwhile, 31% of consumers prefer online shopping, and a quarter of Australian consumers enjoy a combination of online and offline shopping. This trend is pushing retailers to enhance their omnichannel operations to meet shoppers' needs.

Source: Shopify

9.Maersk Announces Adjustment to Latest Peak Season Surcharge

On July 9, Maersk's official website announced an adjustment to the peak season surcharge (PSS) for shipments from China and Hong Kong to Senegal. The surcharge for all types of 20-foot containers is set at $3,800, and for all types of 40-foot and 45-foot dry containers, it is set at $5,300.

Source: Maritime Network

10.Tbilisi-Haikou-Milan Fifth Freedom Cargo Route Opens

On July 9, it was announced that Haikou Meilan International Airport has opened the "Tbilisi-Haikou-Milan" fifth freedom cargo route, the fourth such route opened by Meilan Airport this year. This route is operated by Georgian Airways every Tuesday and Sunday. Inbound flights primarily carry duty-free goods from various European countries, diversifying the duty-free product offerings at Hainan Free Trade Port. Outbound flights mainly transport cross-border e-commerce packages from China.

Source: China News Service

11.30 All-cargo Airlines Now Operating in Shenzhen

On July 9, it was reported that Shenzhen Airport has been providing strong support to cargo airlines in terms of resources, service quality, and customs clearance efficiency since the beginning of the year. This has successfully attracted 13 more cargo airlines, including Atlas Air, Qatar Airways, Turkish Airlines, and Uzbekistan Airways, to increase their capacity. As of now, 30 all-cargo airlines are operating in Shenzhen.

Source: Shenzhen Economic Daily

12. Shenzhen Airport Surpasses 3,000 Cargo Flights in a Single Month

On July 9, it was announced that Shenzhen Airport ranked second in the top 20 airports for cargo flights in China for June 2024, with 3,171 cargo flights, second only to Shanghai Pudong Airport. This marks the first time that Shenzhen Bao'an International Airport has surpassed 3,000 cargo flights in a single month.

Source: Air Cargo News Express

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