1. TEMU's Major Pricing Adjustment for Semi-Fulfillment

On November 13, TEMU announced a significant adjustment to its semi-fulfillment pricing rules for Mainland China/Hong Kong entities, effective from November 10. The specific rules are as follows: For Mainland China/Hong Kong entities, the supply price and sale price will decrease by the same absolute amount, meaning if the supplier's price drops by a certain amount, the sale price will decrease by the same amount. For local foreign entities, the campaign is titled "November New Price Drop Zone," and merchants who sign up within the week for a limited time and quantity will enjoy a 1.01 coefficient. Other campaigns can continue to use previous pricing rules.

Source: TEMU

2. Another Well-Known Freight Forwarder Acquired

On November 13, DP World, a global port operator, announced that its subsidiary, DP World Australia, has signed an agreement to acquire 100% of Silk Logistics, a well-known Australian port logistics company. DP World Australia will acquire all issued shares of Silk Logistics Holdings Limited at AUD 2.14 per share, valuing Silk Logistics at approximately AUD 174.5 million (about RMB 850 million). The transaction is expected to be completed in the first half of 2025.

After acquiring long-established Cargo Services Far East Ltd, DP World is expanding further. DP World's Chairman and CEO, Sultan Ahmed bin Sulayem, stated, "This acquisition of Silk Logistics marks a significant step in strengthening our integrated logistics capabilities and expanding our service scope."  

Source: DP World

3. Anjun Logistics to Establish Brazil's First Bonded Overseas Warehouse

On November 13, Mr. Yu Keqiang, Director of Strategic Development at Anjun Logistics, signed a strategic cooperation agreement with RIO BRASIL TERMINAL, the port operator of Rio de Janeiro, to establish Brazil's first bonded overseas warehouse at Rio Port. This will provide sea freight logistics services for cross-border e-commerce in Brazil.  

During the seminar on logistics investment opportunities in Brazil held on the same day, several Brazilian logistics industry experts expressed optimism about the country's logistics investment prospects.  

Source: Anjun Express

4. SF Airlines’ New "Air-to-Air Transit" Model Takes Off

On November 13, two batches of goods, weighing 1,600 kg and 2,000 kg, landed at Ezhou Huahu Airport from Dhaka, Bangladesh, and were transported to Zhengzhou the next day. This marks the first "cross-airline, cross-cargo terminal, international-to-domestic air-to-air transfer" at Ezhou Huahu Airport. This new logistics model speeds up high-value cross-border cargo transportation while reducing logistics costs.  

This innovation in air cargo transit simplifies procedures and enhances efficiency, positioning Ezhou Huahu Airport as an international logistics hub.  

Source: SF Group

5. China Post Airlines Expands the "Guangzhou-Tokyo" Cargo Route

On November 13, a China Post Airlines Boeing 777 cargo plane successfully landed at Guangzhou Baiyun International Airport, marking the expansion of the "Guangzhou-Tokyo" cargo route to four flights per week. This will facilitate faster cargo movement between Guangzhou and Tokyo, contributing to the stability of global supply chains and supporting the growth of Guangzhou as an international aviation hub.  

Source: Aviation Freight News

6. China Post Airlines Opens the "Yancheng-Seoul" Cargo Route

On November 13, China Post Airlines launched the "Yancheng-Seoul" cargo route, with flight CF271 operated by a B737-800F freighter, running four times a week, with plans to increase to six. This route primarily serves cross-border e-commerce and local manufacturing cargo.  

This new route is the first "Postal Assistance to Overseas Chinese" route. Other planned routes include "Yancheng-Osaka," "Qingdao-Seoul," "Qingdao-Nagoya," and "Chengdu-Dhaka."  

Source: China Post Airlines

7. All-Cargo Flight Route Opens from Dongguan to Spain

On November 13, a batch of cross-border e-commerce goods, totaling 100 tons across 50,000 packages, completed customs procedures at Dongguan-Hong Kong International Airport Center and were shipped to Spain. This marks the successful opening of a dedicated cargo flight route from the center to Spain.  

Source: China News Network

8. Airbus Forecasts China to Need Over 9,500 New Aircraft by 2043

On November 13, Airbus released its latest global market forecast, predicting that China will need over 9,500 new aircraft (9,520) over the next 20 years, accounting for over 20% of global demand. Globally, the demand is expected to reach 42,430 new aircraft. Single-aisle planes like the A220 and A320 series will dominate China's orders (7,950), while wide-body aircraft like the A330neo and A350 will account for 1,570 units, including 190 new freighters.  

Source: Airbus

9. TikTok Shop Updates Six Major Logistics Policies

On November 13, TikTok Shop’s U.S. site announced temporary adjustments to six logistics policies aimed at improving order management flexibility during peak seasons. From November 14 to December 3, 2024, sellers' standard order fulfillment time will be extended from 3 to 4 business days, and auto-close deadlines will be extended from 7 to 8 days from the order date.  

Additionally, TikTok Shop will not update fulfillment rate metrics during this period, as long as sellers provide valid tracking numbers to avoid penalties for late shipments.  

Source: TikTok Shop

10. AliExpress Kicks Off "11.11 Global Shopping Festival"

On November 13, Alibaba's international retail platform AliExpress launched the "11.11 Global Shopping Festival," offering up to 80% off on platform-wide items and 50% off on brand products. This year's festival runs for a month until December 3, offering cross-border shipping in as fast as 3 to 5 days, with free shipping and return policies.  

Source: AliExpress

11. Shopee's 11.11 Campaign Sees Surge in Cross-Border Orders

On November 13, Shopee's 11.11 campaign kicked off with a surge in consumer enthusiasm in Southeast Asia. Within the first two hours, cross-border orders surged to nine times the usual amount, with items like mobile phones, beauty products, women’s clothing, fashion accessories, and home goods in high demand.  

The platform’s efficient logistics fulfillment service further boosted orders, with localized fulfillment order volumes rising 17 times and cross-border brands seeing a 23-fold increase in orders compared to normal periods.  

Source: Chuhai.com

12.Shenzhen Aims for 25% Annual Growth in Cross-Border Air Freight

On November 13, the Shenzhen Transportation Bureau issued measures to promote the high-quality development of modern logistics from 2024 to 2026. The measures aim to attract cross-border e-commerce companies to airports, with a goal of achieving 25% annual growth in cross-border air freight. Shenzhen will also continue to push forward the "Seaport-Airport Flow Plan," promoting rapid customs clearance and improving infrastructure for international cargo handling.  

Source: Shenzhen Transportation Bureau

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