1. TEMU Semi-Managed Major Organizational Adjustment
On October 30, it was reported that TEMU, the overseas e-commerce platform of Pinduoduo, will undergo three major adjustments in its semi-managed model. In terms of recruitment, each group will be responsible for a specific category, prioritizing categories based on previous internal competitions. Organizationally, the recruitment team will merge with the buying team for category operations, aimed at helping merchants operate better and increasing overall conversion rates. Additionally, TEMU is urgently assessing and training employees' English skills to prepare for future deployments in overseas markets. TEMU has surpassed eBay to become the second most visited e-commerce website globally, and it is expected to exceed Amazon in user numbers within the year. TEMU has chosen North America as its starting point and is currently expanding into Southeast Asia and Latin America.
Source: Lei Feng Network
2. SHEIN Opens Free Warehouses in Europe and America
On October 30, SHEIN announced new developments in its fully managed model. The company will offer free access to its European and American warehouses for overseas local agents, allowing sellers to send goods directly to SHEIN's official warehouses in Europe or the U.S. for free storage. SHEIN will assist sellers in managing their overseas inventory and leverage its efficient warehousing resources and quality fulfillment solutions to better handle the influx of orders during the "Black Friday" shopping season.
Source: E-commerce Power
3.UPS Reduces Daily Processing by 1 Million Packages
On October 30, UPS CEO Carol Tomé announced that UPS has reduced its daily processing capacity by approximately 1 million packages this year, closing 45 operational facilities, including nine under the "Future Network" plan. These closures have improved package processing efficiency by 8% per labor hour, resulting in an additional 11 million hours of efficiency. The daily package volume in the U.S. grew by 6.5% year-on-year in the third quarter, marking the highest growth rate in three years.
Source: UPS
4.Cainiao International Express Launches Two Distribution Centers
On October 30, during the Double Eleven shopping period, Cainiao International Express officially launched two distribution centers located in key cross-border industry hubs: Yiwu, Zhejiang in East China and Dongguan, Guangdong in South China. The total area exceeds 20,000 square meters and is equipped with automated sorting machines and high-speed security inspection machines. This, combined with Cainiao's smart logistics technology, is expected to enhance operational efficiency and optimize logistics timelines during peak seasons, providing more services to cross-border merchants.
Source: Logistics Network
5.Lekage Co., Ltd. Releases Q3 2024 Report
On October 30, Lekage Co., Ltd. (300729.SZ) released its Q3 2024 report, showing revenues of 1.548 billion yuan, a year-on-year increase of 53.67%, with a net profit of 105 million yuan, up 43.01%. For the first three quarters, total revenue reached 3.975 billion yuan, surpassing last year's total with a growth of 48.03%. Cross-border e-commerce generated 1.48 billion yuan, while overseas warehouses accounted for 1.439 billion yuan, serving 926 clients.
Source: Lekage Co., Ltd.
6.DHL Increases Europe Line Cargo Flights
On October 30, DHL announced the increase of intercontinental cargo flights from Shenzhen to Leipzig. Operated by Zhongzhou Airlines with B777 freighters, the flights will now operate seven times a week, bringing the total to 13 weekly flights between Shenzhen and major European logistics hubs. In July, DHL signed an operational agreement with Zhongzhou Airlines to entrust the operation of two B777 freighters. This marks the first time DHL has entrusted domestic cargo airlines with maintaining and operating dedicated aircraft.
Source: DHL Express
7.Amazon Extends FBA Receiving Times
On October 30, Amazon reported that high demand has led to extended receiving times for sellers using its FBA service at some West Coast locations in the U.S. Amazon is rearranging shipments to other areas to improve capacity, while costs for sellers sending inventory to Amazon via UPS have surged dramatically, reportedly increasing from $9 to $27 overnight.
Source: Amazon
8. Amazon Germany Revises Goods Tracking Policy
On October 30, Amazon announced a revision to its goods tracking policy in Germany, effective January 15, 2025. The new policy requires effective tracking number assessments for domestic goods valued over 15 euros, and includes all carriers. The assessment will also apply to cross-border orders unless the order amount is below 20 euros. All goods shipped to or from the UK, France, Italy, Spain, the Netherlands, Portugal, Poland, Austria, or Sweden will be considered cross-border orders.
Source: Amazon
9.eBay SpeedPAK Adjusts Service Fees
On October 30, eBay SpeedPAK announced adjustments to service fees for certain routes from China due to changes in air freight prices. These adjustments will take effect on November 1 to ensure smooth operations and timely delivery for eBay sellers.
Source: Outbound Network
10. Tianjin Air Cargo Increases Freight Route
On October 30, Tianjin Air Cargo's HT3815 flight arrived at Guangzhou Baiyun International Airport, marking the formal increase of the "Guangzhou-Zhengzhou" cargo route to seven flights per week. This increase will enhance connectivity between Zhengzhou and the Guangdong-Hong Kong-Macao Greater Bay Area.
Source: Guangdong Airport Group
11. Hapag-Lloyd to Close JCS Service
On October 30, Hapag-Lloyd announced it will close the JCS service by the end of February 2025, reallocating its vessels to one of the Gemini services, which operates in collaboration with CMA CGM and COSCO Shipping. Hapag-Lloyd plans to deploy a 10,000 TEU Seaspan Zambezi container ship on one of Gemini's Asia-Caribbean routes, in cooperation with Maersk, as part of Gemini's 2025 collaboration.
Source: Logistics Baba
12. Maersk Launches Mobile Booking Platform
On October 30, Maersk launched a mobile booking service platform, allowing users to quickly check rates, routes, and book shipments for ocean freight, inland transport, or consolidated services with just a few clicks.
Source: Maersk
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Cross-border E-commerce Logistics Baixiaosheng