1.DSV Plans to Acquire DB Schenker for €14 Billion

On August 27, it was reported that Denmark’s DSV and a consortium led by CVC Capital Partners have each submitted acquisition bids for DB Schenker, valuing the company at approximately €14 billion. In addition to the €14 billion offer, the CVC-led group also proposed a bid as high as €16 billion. The German government may reinvest about €3 billion to obtain approximately 25% of the freight forwarder’s shares. It is also noted that in July, Maersk and Saudi Arabia's Bahri officially withdrew their acquisition offers for DB Schenker.

Source: Bloomberg

2.4PX Overseas Warehouse Becomes One of the First "Certified Warehouses" for SHEIN Semi-Fulfillment

On August 27, it was announced that 4PX’s overseas warehouse has partnered with SHEIN to launch "certified warehouses," offering services including domestic collection, overseas warehousing, inventory management, last-mile delivery, and after-sales support. The warehouse is divided into different management zones based on categories and product volumes. SHEIN semi-fulfillment sellers can connect to certified warehouses with one click through the "Platform Seller Center." The platform recognizes shipments from certified warehouses and allows sellers to efficiently manage store orders with automatic order pushing, warehouse operations, and waybill synchronization via digital synchronization features.

Source: 4PX

3.SF Express Western Aviation Cargo Hub Project Expected to Pass Inspection This Year

On August 27, it was reported that the SF Express Western Aviation Cargo Hub project, located in Shuangliu District, Chengdu, had topped out in June this year and is expected to be completed and pass inspection by the end of the year. The project, with a total investment of ¥1 billion, covers an area of 120 acres and includes a 172,000-square-meter modern, intelligent air cargo transit center. It is the fourth regional international air cargo transit center in China and the first project in the western region to seamlessly integrate full cargo aircraft with an aviation cargo hub. Once completed, goods from across the country and the globe can be consolidated and quickly transshipped to various locations in Sichuan, while goods from Sichuan can be efficiently shipped to other parts of the country and the world.

Source: Shuangliu Release

4.Henan and China Post Jointly Create a Global International Postal Express Hub

On August 27, it was reported that Henan Provincial Governor Wang Kai and China Post Group Chairman Liu Aili jointly launched the China Post Aviation Hub project in the Zhengzhou Airport Zone. The project, which is a strategic leading infrastructure for modern logistics development, integrates air and land transportation, domestic and international mail and goods, as well as warehousing and sorting. Covering over 1,600 acres, the project includes the layout of an aviation transit center, a postal aviation comprehensive support base, and other airside facilities, aiming to create a global international postal express hub.

Source: Henan Government Website

5.TEMU Platform Reminds Sellers of Austrian EPR Compliance Adjustments

On August 27, TEMU issued an urgent notice to merchants to comply with the new e-commerce product regulations in Austria, which require that products sold to Austria appoint a local authorized representative to register the relevant product categories and fulfill compliance obligations. TEMU requires sellers to submit the relevant qualifications and documents by August 31, 2024. Failure to comply may result in frozen funds or delisted products, though the platform may adjust the deadline. EPR is an EU-mandated environmental regulation policy that TEMU has implemented for compliance in Germany, France, Spain, and other countries. Sellers are strictly required to register under the German Packaging Act, otherwise, they risk affecting store withdrawals or product listings.

Source: Daxin Cross-Border

6.Amazon Prime Member Day Promotion to Launch in October

On August 27, it was announced that the 2024 Amazon Prime Member Day promotion will take place in October this year across 19 countries, with the seller platform already open for promotion submissions. This event serves as a preview of the year-end sales and is a great opportunity to boost product rankings ahead of the holiday shopping season. Sellers can submit their promotions through the Seller Central promotion submission page, by contacting their account manager, or by checking recent Amazon emails for submission information. Additionally, to help sellers manage inventory, some sites have waived overage storage fees. Sellers should note related issues when submitting promotions, such as only using one promotion tool for the same ASIN at the same time. New sellers can also participate, with submission openings available for the Australian and Brazilian sites, and Mexico soon to follow.

Source: Amazon

7.TikTok Tests Localized Services in Indonesia and Thailand

On August 27, it was reported that TikTok is testing localized services in Indonesia and Thailand. The service brings offline merchant services online, using short videos and live streaming for display and sales, forming a model similar to Meituan and Ele.me. Currently, TikTok’s localized services are in the internal testing stage, and local e-commerce merchants are actively participating. In Thailand, some TikTok accounts have already started inviting merchants to join the newly launched TTLS (TikTok Local Services) platform.

Source: Ebrun

8.TikTok Shop Malaysia to Adjust Commission Rates

On August 27, it was announced that TikTok Shop Malaysia will increase transaction fees and commissions for all categories starting September 5. After the adjustment, the transaction fee for sellers will rise from 2.16% to 3.78%, including an 8% Sales and Service Tax (SST). TikTok Shop will also implement different commission fees for regular stores and Mall sellers. The commission rate for TikTok Shop varies by product category and includes an 8% SST. For regular stores, electronics will see an increase of 4.86% to 9.18%, fashion products will rise from 8.10% to 10.26%, FMCG products will increase from 6.48% to 11.34%, and lifestyle products will increase from 6.48% to 10.26%. For Mall sellers, commission rates are higher, ranging from 8.10% to 12.42% for electronics, 11.34% to 13.5% for fashion products, 3.24% to 14.58% for FMCG products, and 9.72% to 13.5% for lifestyle products.

Source: TikTok Shop

9.Shopify and YouTube Launch New Sales Program

On August 27, it was announced that YouTube has expanded its partnership with Shopify, offering a YouTube Shopping affiliate program to all eligible Shopify Plus and Advanced merchants in the United States. This program will allow more merchants to enhance their sales capabilities through the YouTube Shopping affiliate program. Thousands of eligible creators will be able to showcase products in their videos on a large scale, helping merchants increase exposure and reach more potential customers.

Source: E-Commerce Times

10.Shopee Upgrades Service

On August 27, Shopee announced a major upgrade to its official wallet early repayment service. This service has now been officially launched on the Singapore site and, together with Brazil, the Philippines, Malaysia, Thailand, Vietnam, and Taiwan sites, forms a group of seven supported sites. It provides sellers with a more efficient fund turnover solution. The new service highlight is the automatic repayment function, where sellers can enable it with one click and enjoy automatic repayment requests after daily order shipments, significantly shortening the payment cycle and accelerating cash flow. Sellers who have activated Shopee’s official wallet can easily enable this feature in the seller center, while those who have not yet registered can do so to experience ultra-low rates, better exchange rates, and exclusive early repayment services, effectively solving the problem of cash flow difficulties.

Source: Shopee

11.Tianjin Port Opens Direct Shipping Route to Southeast Asia

On August 27, it was reported that a new premium shipping route (NCP) from North China to Southeast Asia has officially opened at Tianjin Port. The new container shipping route is independently operated by Sinotrans Container Lines, with three 1,100 TEU container ships. This route features simplified port calls and fast delivery, with an estimated sailing time of six and a half days from Southeast Asian ports to Tianjin Port, reducing the time by nearly 20%. This will accelerate the flow of goods between North China and Southeast Asia and create a new maritime logistics channel for inland enterprises to deepen their engagement in Southeast Asia.

Source: China News Service

12. AAL Shipping Launches New Europe-Asia Express Liner Service

On August 27, it was reported that AAL Shipping has launched a new monthly express service called the "Europe-Asia Express Liner Service." This new service complements existing services, including the popular "Europe-Middle East/India-Asia (EUMEIA) Monthly Liner Service" and the "Mediterranean-Middle East-India Pendulum Service." The new Europe-Asia Express Liner Service will use Super B-Class vessels, which have a lifting capacity of up to 700 tons and an open deck area exceeding 5,000 square meters. The service will depart from major project cargo hubs in Western Europe and directly connect to Taichung, Shanghai, and Masan in China, as well as other ports under consideration along the route.

Source: Logistics Baba

END

Official Account: Cross-Border E-Commerce Logistics Baixiaosheng