1. SF Express Officially Launches Express Delivery Service from London to China

On July 26, SF Express officially launched its express delivery service from London, UK to China. This new service is fully handled by SF Express, breaking the previous model where third-party logistics handled air transportation into the country, and SF Express managed the domestic segment. This achieves true "door-to-door" express delivery back to China. This is SF Express's first successful express project in the UK, marking another significant breakthrough in the international market for the company. To ensure delivery efficiency, SF Express increased the flight frequency from once every two days to four times a week. Compared to traditional sea freight, SF Express's air freight service significantly reduces transit time, with packages delivered to their destinations within 6-13 business days.

Source: SF Express Group

2. SF Express, J&T Express, and STO Express Make the Fortune China 500 List

On July 26, Fortune magazine released the 2024 Fortune China 500 list. The list shows China Post ranked 27th with a revenue of $112.779 billion; SF Express ranked 109th with a revenue of $36.502 billion; and J&T Express entered the top 300 with a revenue of $8.849 billion, ranking 286th. YTO Express, Yunda Express, STO Express, and ZTO Express ranked 303rd, 344th, 371st, and 388th with revenues of $8.148 billion, $6.354 billion, $5.781 billion, and $5.427 billion, respectively.

Additionally, in the e-commerce sector related to express delivery, JD Group, ranked 13th, became the highest-ranked mainland private enterprise with a revenue of $153.217 billion. Alibaba remained unchanged, ranking 21st with a revenue of $131.338 billion. Pinduoduo significantly rose by 56 places to 119th, with a revenue of $34.981 billion.

Source: Express Magazine

3. Amazon Global Logistics Adjusts China-US Shipping Rates

On July 26, Amazon Global Logistics announced that sea freight rates from China to the East and West coasts of the US will be reduced by $1,000 for standard shipments, effective August 1, 2024.

Source: Amazon Global Logistics

4. Shein to Open Pop-Up Store in South Africa

On July 26, fast fashion giant Shein, known for its $5 tops and $10 dresses, announced that it will open a pop-up store in Johannesburg, South Africa, in August to increase its brand awareness in the country. The company stated that the pop-up store will serve as a "showcase space" from August 2 to 11, allowing customers to try on clothes and order online.

Source: Outbound Network

5. Shein Establishes Key Focus Areas for Semi-Managed Categories

On July 26, it was reported that Shein has internally established key focus areas for semi-managed categories, including men’s and women’s footwear, travel bags, fitness equipment, camping and cycling, festive party supplies, furniture and lighting, storage solutions, personal care appliances, garden products, perfumes and fragrances, kitchen appliances, and gaming and entertainment consumer electronics. These categories will receive significant support for overseas expansion. It is revealed that the above categories will enjoy support from Shein's internal traffic resources, exclusive internal activity resources, and exclusive external traffic placement resources, along with a 24-hour fast-track pricing approval channel. Key category products have the opportunity to receive exclusive price subsidies from Shein. Sellers focusing on key categories will receive 1-on-1 support from Shein employees after the novice period.

Source: Shein

6. AliExpress Becomes Brazil's Number One Cross-Border E-Commerce Platform

On July 26, according to a report by research institution Conversion, AliExpress became the number one cross-border e-commerce platform in Brazil in June. The data shows that AliExpress's traffic in Brazil increased by 11.9% in June, primarily driven by website visits. The report indicates that AliExpress, along with two other major cross-border e-commerce platforms, now holds a combined 15.4% share of Brazil's e-commerce market and continues to set new records.

Source: Alibaba Global AliExpress

7. Alibaba Global AliExpress (Guangzhou) Cross-Border E-Commerce Industrial Park Opens

On July 26, the Alibaba Global AliExpress (Guangzhou) Cross-Border E-Commerce Industrial Park was inaugurated at the Gigantic International Industrial Park in Guangzhou. At the opening ceremony, Wang Wei, General Manager of the Gigantic International Industrial Park, provided detailed information about the park's construction. Wang Demin, National Local General Manager of Alibaba Global AliExpress's Fast Fashion Industry, expressed his hopes for the park's prosperous development. The event featured a signing ceremony between Alibaba Global AliExpress and the Gigantic International Industrial Park, with representatives from the Panyu District CPPCC, Alibaba Global AliExpress, and Gigantic Group jointly unveiling the new industrial park.

Source: Alibaba Global AliExpress

8. Ozon to Implement "Fines" for Order Cancellations

On July 26, it was announced that Russian e-commerce platform Ozon will begin imposing fines on sellers using FBS and rFBS for order cancellations caused by the sellers. Starting from August 3, the platform will charge 3% of the product price for such cancellations, with a minimum fee of 50 rubles and a maximum of 700 rubles. If the cancellation rate exceeds 30%, the platform will block the store's functions. Ozon is also considering extending the 5-day stocking period to give sellers more time to prepare products for shipment.

Source: Ozon

9. China Southern Airlines Logistics Sees 65% Increase in Guangzhou-Paris Cargo Volume

On July 26, it was reported that with the approach of the Paris Olympics, the demand for Chinese-made products in the French market has surged, with many products coming from Guangdong. Recently, flights on the Guangzhou-Paris route have been almost fully loaded. Since June this year, the cargo volume transported from Guangzhou International Cargo Terminal to Paris by China Southern Airlines Logistics has increased by more than 65% compared to the same period last year.

Source: Ebrun

10. UPS Shanghai Fulian Supply Chain Logistics Warehouse Center Opens

On July 26, UPS announced the reopening of its UPS Shanghai Fulian Supply Chain Logistics Warehouse Center. The storage area of the new facility has been expanded by nearly 41%, further enhancing UPS's logistics network capabilities connecting the East China region with global markets, and meeting the diverse needs of import and export businesses.

Source: UPS

11. STO Express Northeast Hub Officially Opens

On July 26, STO Express's Northeast District Jilin Changchun Transit Center officially began operations. With a total investment of over 400 million yuan, the new center has doubled its overall capacity, improved parcel handling and dispatch efficiency by 60%, and enhanced the full-link efficiency by about 2 hours. It is reported that the Changchun center also has a second-phase plan. Once fully completed, it will become one of the important hub centers in the Northeast region.

The new site covers a total area of 253,000 square meters, with the first phase occupying 108,600 square meters. It will establish STO's Jilin Province headquarters and settlement center, e-commerce (cross-border e-commerce) trade center, STO cloud warehouse operation center, and supply chain financial service center, significantly improving the environment for employee dining and accommodation. The park can provide over 500 jobs, promoting the deep integration of e-commerce and express delivery industries.

Source: STO Voice

12. Hainan Free Trade Port Achieves First Export of Cross-Border E-Commerce Cosmetics

On July 26, it was reported that Haikou Meilan International Airport recently completed the first batch of cross-border e-commerce cosmetics export business in Hainan Free Trade Port, marking a breakthrough in the export transportation of cross-border e-commerce cosmetics. The first batch of cross-border e-commerce cosmetics was declared using the "9610" export model, with domestic e-commerce platforms acting as the goods suppliers. The exported goods mainly included lipsticks and face creams, with a total of 3,139 items. These were processed at Meilan Airport, including receipt, security check, palletizing, and tarmac loading, before being shipped overseas.

Source: China News Network

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