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SF Express' International Business Grew by 11% in June; Huahu Airport Has Launched a Total of 24 International Cargo Routes!

News source: author: 2024-07-23 Page View:51
Introduction:SF Express' International Business Grew by 11% in June;YTO Express, Yunda Express, and STO Express Release Latest Performance Results;Huahu Airport Has Launched a Total of 24 International Cargo Routes

1. SF Express International Business Grows by 11% in June

On July 23, SF Express released its June performance report. In June, the combined revenue from SF Holding's express logistics, supply chain, and international businesses was 23.145 billion RMB, a year-on-year increase of 6.11%. Specifically, express business revenue reached 17.473 billion RMB, up 4.60% year-on-year; the business volume was 1.108 billion parcels, up 8.95% year-on-year; and the revenue per parcel was 15.77 RMB, down 3.96% year-on-year. Revenue from international and supply chain businesses was 5.672 billion RMB, up 11.04% year-on-year.  


Source: Logistics News

 

2.YTO Express, Yunda Express, and STO Express Release Latest Performance Results

On July 23, YTO Express, Yunda Express, and STO Express, all listed on the A-share market, released their June performance reports. YTO Express reported a June revenue of 4.963 billion RMB from express products, a year-on-year increase of 16.88%; the business volume was 2.202 billion parcels, up 22.85% year-on-year; and revenue per parcel was 2.25 RMB, down 4.85% year-on-year. Yunda Express reported a June revenue of 4.037 billion RMB from express services, a year-on-year increase of 10.15%; the business volume was 2.023 billion parcels, up 27.96% year-on-year; and revenue per parcel was 2.00 RMB, down 13.79% year-on-year. STO Express reported a June revenue of 3.941 billion RMB from express services, a year-on-year increase of 17.28%; the business volume was 1.965 billion parcels, up 29.00% year-on-year; and revenue per parcel was 2.01 RMB, down 9.05% year-on-year.  


Source: Express Magazine

 

3. Huahu Airport Launches 24th International Cargo Route  


On July 23, Huahu Airport celebrated the successful maiden flight of an Atlas Air B767F freighter from Ezhou Huahu International Airport to Hawaii, USA, marking the successful launch of Apex's "Ezhou-Hawaii" scheduled route. This is the 14th international cargo route launched by Huahu Airport this year and the 24th in total. According to the flight schedule, the "Ezhou-Hawaii" route will operate four flights per week. The first flight's outbound cargo includes cross-border e-commerce and electronic products. Besides cargo from Hubei and surrounding regions, it also attracts transit cargo from regions like East and South China, effectively enhancing the coverage of Hubei's cross-border logistics network.  


Source: Ezhou Huahu International Airport

 

4.Pinduoduo Partners with Shandong Port for New Business


On July 23, Shandong Port's China-South Korea cross-border e-commerce "5-Day Express" service was successfully launched in Pyeongtaek, South Korea. E-commerce goods are exported through Shandong Port, cleared at Pyeongtaek Port in South Korea, and efficiently delivered to consumers by courier companies, providing a comprehensive supply chain service for large cross-border e-commerce platforms like Pinduoduo's TEMU. Since Shandong Port successfully opened the South Korean e-commerce express network in March, TEMU's monthly order volume has rapidly increased to over 1 million orders and is on the rise, demonstrating strong market competitiveness.  


Source: Shandong Port

 

5. TikTok Shop Teams Up with Tokopedia to Launch Mall

On July 23, TikTok Shop and Tokopedia jointly launched the TikTok Shop Tokopedia Mall. Sellers on Shop Tokopedia Mall can benefit from exclusive badges to enhance trust, more management privileges, special coupons, and comprehensive marketing solutions, including main banner displays and participation in various prime time promotions, such as double discount days, leading to up to three times business growth. Especially for fashion category sellers, becoming an official store has led to an average sales increase of three times. To join Shop Tokopedia Mall, sellers must meet specific conditions, including brand ownership or official distributor authorization, selling genuine products, participating in free shipping plans, and providing a 15-day no-reason return service.  


Source: Katadata

 

6.Lazada Malaysia to Launch Automatic Returns Feature

On July 23, Lazada Malaysia will introduce an automatic returns feature starting July 26. If return requests or quality checks violate the 2-business-day SLA (exceeding twice in the past 30 days), the feature will be activated. Once activated, orders below 60 MYR will be automatically refunded to the buyer, while orders over 60 MYR will be automatically authorized for return. The check status or deactivation can be accessed via Orders > Return Orders > Reverse Bot.  


Source: Ebang Power

 

7.eBay UK Releases New Guidelines  


On July 23, eBay UK released new guidelines stating that eBay sellers using DHL Parcel UK (UK Mail) tracking numbers should list DHL eCommerce UK as the logistics carrier name. If sellers add tracking details directly through orders, they need to make appropriate changes, selecting DHL eCommerce UK as the checkout carrier. If sellers upload tracking details via API or if their accounts are supported by third-party service providers, appropriate modifications are also required.  


Source: eBay

 

8.Qatar Airways' Freighter Route Successfully Launches

On July 23, a Qatar Airways Group B777 freighter took off from Jinan Airport, marking the official operation of the Jinan-Doha-London international freighter route. This is the first intercontinental route jointly operated by Shandong Huichuang International Logistics Co., Ltd. (hereinafter referred to as Huichuang) and Qatar Airways Group. The route operates weekly on Tuesdays and Saturdays, with a maximum one-way cargo capacity of about 100 tons. The outbound cargo mainly consists of e-commerce goods, with plans to diversify cargo sources based on market conditions.  


Source: Shandong Huichuang Logistics Company

 

9.National Airlines Orders Four B777F Freighters

 

On July 23, National Airlines announced at the 2024 Farnborough International Airshow that it has placed an order with Boeing for four Boeing 777 freighters. According to Boeing’s official release, these aircraft are scheduled for delivery in the first half of 2026. With this $800 million order, National Airlines will expand its fleet to 17 aircraft, including 9 existing Boeing 747 freighters and 4 passenger planes.  

 

Source: Cross-Border E-commerce Logistics Expert

 

10.SF Airlines Launches International Cargo Route to Georgia

 

On July 23, a SF Airlines B757-200 freighter took off from Urumqi Diwopu International Airport in Xinjiang bound for Tbilisi, the capital of Georgia. This marks the official launch of the "Urumqi-Tbilisi" international cargo route, which is planned to operate twice a week, providing over 100 tons of air cargo capacity for the Urumqi-Tbilisi route, mainly ensuring the import and export of e-commerce parcels and general trade goods. This is SF Airlines' first route to Georgia and the first aviation collaboration between SF Group and Xinjiang Business Logistics Group.

 

Source: Air Cargo News Express

 

11. Kunming Airport Launches First Intercontinental Cargo Route

 

On July 23, a freighter full of cross-border e-commerce goods took off from Kunming Changshui International Airport on a route from Kunming to Ashgabat (technical stop) to Istanbul and Athens. The flight safely arrived in Istanbul, Turkey, 11 hours later. The opening of this route marks Kunming Airport's first intercontinental cargo route this year. This flight, operated by Turkish carrier MNG Cargo Airlines, mainly carried 58 tons of export goods from the Temu cross-border e-commerce platform, with a total of 50,370 pieces and a total value of 4.8813 million RMB. Starting in August, the route will operate three times a week, adding another all-cargo route connecting Kunming to Belt and Road countries.  

 

Source: Air Cargo News Express

 

12.Shanghai Port Cross-Border E-Commerce "9610" Sea Export Pilot First Order Achieved

 

On July 23, 566 cross-border e-commerce export parcels purchased by Japanese consumers were quickly cleared through customs at Shanghai Port Group’s Zhendong Terminal and were shipped to Osaka Port in Japan aboard the "Honor Shengdong" vessel from Jinjiang Shipping. This marks the successful implementation of the first pilot order for Shanghai Port's "9610" cross-border e-commerce sea export.  

 

Source: Caixin News

 

 

END

Official WeChat Account: Cross-border E-commerce Logistics Baixiaosheng

 


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