1.EU Requests Information from TEMU

On October 14, it was reported that the European Commission has issued an information request to the shopping platform TEMU under the Digital Services Act (DSA), demanding information on the platform’s measures to prevent the sale of illegal products.  

According to the European Commission's statement, the Commission sent a Request for Information (RFI) to TEMU, asking for detailed information and internal documents on the measures they are taking to combat the sale of illegal products on their platform and the actions they take when such sellers become active again. TEMU must submit the required information by October 21, 2024. The Commission will decide the next steps after evaluating TEMU's response.  

Source: Reuters

2.Eastern Airlines Logistics Completes Three Large Transactions

On October 14, it was reported that Eastern Airlines Logistics completed three bulk transactions, totaling 1.33 million shares with a transaction amount of 20.73 million RMB, at an average price of 15.59 RMB per share. An institutional account purchased 200,000 shares, with a transaction value of 3.118 million RMB. The first transaction was priced at 15.59 RMB, with 130,000 shares traded, for a total value of 2.027 million RMB. The second transaction was for 200,000 shares at the same price, valued at 3.118 million RMB. The third transaction involved 1 million shares, worth 15.59 million RMB.  

Source: Guandian.cn

3.AliExpress, TEMU, and SHEIN Rank in the Top 10 of European Platforms

On October 14, CBCommerce.eu released the "Top 100 Cross-Border Markets in Europe" report, showing that the European cross-border e-commerce market is growing rapidly and is expected to reach 326 billion euros by the end of 2024. The report lists Amazon, Alibaba's AliExpress, and eBay in the top three spots, with China’s TEMU and SHEIN ranking fifth and eighth, respectively. The top 10 are: Amazon, AliExpress, eBay, Etsy, TEMU, Vinted, OLX, SHEIN, Discogs, and Zalando.  

Source: CBCommerce.eu

4.DB Schenker Launches New Freight Monitoring Tool

On October 14, DB Schenker launched a new supply chain monitoring tool called Ocean Bridge, providing real-time information to clients about freight shipments. The tool allows users to track goods down to the ship, freight, and container level, offering important information throughout the transportation process. Powered by AI-driven data, it provides predictive schedules, including estimated departure, docking, and arrival times, all displayed on an interactive map. Customers can proactively take measures to avoid unexpected costs and disruptions.  

Source: DB Schenker

5.FedEx Launches New Import Tool

On October 14, FedEx announced the launch of a new import tool designed to reduce manual work in tasks such as customs documentation and compliance. This tool will soon be available in other Asia-Pacific markets, including Malaysia, Thailand, Indonesia, the Philippines, Singapore, and New Zealand. Key features include: a unified self-service platform to streamline the shipping process through centralized document management and shipment tracking, a dashboard to enhance visibility at every stage of the import process, proactive notifications to accelerate the customs clearance process, and 24/7 monitoring, allowing shippers and importers to track their shipments for up to 90 days after pickup.  

Source: FedEx

6. YTO Express Sees Over 100% Growth in China-Kazakhstan Business

On October 14, it was reported that YTO Express's China-Kazakhstan cross-border logistics business, which was launched in June this year, has seen over 100% growth after nearly three months of operation. This business is a collaboration between YTO Express and Kazakhstan's national postal service, meeting the growing needs of cross-border e-commerce. With upgraded services, the delivery time for China-Kazakhstan cross-border e-commerce logistics has been reduced from 20-30 days to less than 10 days, with the fastest delivery from China to Almaty taking just seven days. As of June, the Alashankou cross-border e-commerce zone in Xinjiang had exported 12.24 million parcels this year, and YTO's daily cross-border business volume has reached nearly 20,000 parcels.  

Source: YTO Express

7.Amazon to Open New Logistics Center in Australia  

On October 14, it was announced that Amazon will invest more than $7 million to open a new logistics center in Ravenhall, Victoria, Australia. The center will cover 8,800 square meters and is expected to be completed by the end of 2025. It will be Amazon’s fourth center in Victoria, bringing the total number of Amazon logistics centers in Australia to 13.  

Source: Amazon

8.Amazon Launches Same-Day Delivery Integration

On October 14, Amazon announced a series of new initiatives to improve the shopping experience for Prime members, including the integration of same-day delivery services for both Amazon Fresh groceries and regular Amazon products. Amazon is currently testing this service in the Greater Phoenix area in Arizona, where customers can receive both groceries and popular items from the marketplace within hours. Based on the pilot results, Amazon plans to expand this model to more regions.  

Source: Amazon

9.Lazada to Adjust End-Shipping Fees in Multiple Countries

On October 14, Lazada announced that it will adjust the end-shipping fees for cross-border stores on the Singapore, Thailand, and Global Plus Malaysia platforms, effective for orders created after October 18, 2024, 12:00 AM. In Singapore, the standard shipping fee (Singapore Domestic Standard) will increase from 1 SGD to 1.49 SGD, while the economy shipping fee (Singapore Domestic Economy) remains unchanged. The adjustments will apply to orders fulfilled from mainland China, Hong Kong, Japan, and Korea to the Singapore platform, as well as orders from Singapore overseas warehouses.  

For Thailand, the Remote shipping fees for various weight ranges in the Economy/Standard categories (Thailand Domestic Economy/Standard) will increase by 50 THB.  

In Malaysia, the end-shipping fees in various weight ranges under the Global Plus project will be reduced by more than 32%.  

Source: Lazada

10. TikTok Introduces "Subscribe to Seller Emails" Feature  

On October 14, it was reported that TikTok buyers now have a new option to unlock discounts during the purchasing process by subscribing to seller emails. According to TikTok, this feature, which complies with privacy policies, allows subscribers to receive the latest information and promotions from sellers. This is good news for cross-border e-commerce sellers, as it addresses the challenge of directly communicating with customers via email, which was previously difficult on e-commerce platforms. The gradual introduction of this feature on TikTok Shop will benefit sellers greatly.  

Source: Going Global

11. "Chengdu-Bangkok" International Freight Route Launched

On October 14, it was reported that a Boeing 757 cargo plane carrying communication equipment, auto parts, and cross-border e-commerce parcels made in Sichuan, China, took off from Chengdu Shuangliu International Airport and headed to Suvarnabhumi Airport in Bangkok, Thailand. The plane returned to Chengdu that afternoon. This is another regular international cargo route operated by Lu Hai Cloud Port – Yun Port Aviation Logistics.  

The "Chengdu (Shuangliu) = Bangkok (Suvarnabhumi)" route uses a Boeing 757 model, operating three times a week with a cargo capacity of 56 tons per round trip. Outbound cargo mainly consists of machinery parts and electronic products made in Sichuan, as well as cross-border e-commerce goods. Inbound cargo mainly includes fresh fruits and seafood. With the "green channel" mechanism at Chengdu Shuangliu Airport customs, inbound cargo can be cleared in as little as 1.5 hours and quickly delivered to various regions inside and outside Sichuan.  

Source: Sichuan Daily News

12. Delta Air Cargo Revenue Grows 27% in Q3 2024

On October 14, it was reported that Delta Air Lines saw a 27% increase in cargo revenue in the third quarter of 2024, reaching $196 million, compared to $154 million in the third quarter of 2023. In the first nine months of this fiscal year, Delta’s cargo revenue grew by 7% to $574 million, up from $535 million during the same period last year.  

Source: Delta Airlines

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Public Account: Cross-Border E-commerce Logistics Expert