2. TEMU Partners with Warehouses to Support Platform Logistics

On December 24, TEMU announced that its partnered warehouses now support platform logistics. The platform will use the most cost-effective channels for shipping, based on the logistics channels supported by the partnered warehouse service providers. TEMU has completed the upgrade of its USPS account, with over 50 partnered warehouses now supporting USPS platform labels. Merchants can enable USPS services through the "Order Rules Configuration" -> "Final Delivery Mode Configuration" in the platform's settings.

Source: TEMU

3. DHL Logistics Center Acquired

On December 24, CapitaLand Ascendas REIT (CLAR) proposed the acquisition of a DHL logistics center located in Indiana, USA, for $115.8 million. The logistics center, completed in 2022, spans 979,649 square feet (91,012 square meters) and is a fully air-conditioned, single-story warehouse with a net height of 12.2 meters. It is located less than 45 kilometers from downtown Indianapolis and Indianapolis International Airport.

Source: SGNews

4. Premier Li Keqiang Inspects YTO Eastern Sky Port

On December 24, Li Keqiang, Member of the Standing Committee of the Politburo of the Communist Party of China and Premier of the State Council, visited the construction site of YTO Eastern Sky Port in Jiaxing, China, and listened to progress reports on the Jiaxing Global Air Cargo Hub project. He emphasized the need to accelerate the construction of an international logistics service system, actively develop multi-modal transportation, and improve international transport capacity to support foreign trade and high-level openness.

The YTO Eastern Sky Port project covers approximately 1,500 acres and has a total investment of 12.2 billion yuan. It is positioned as a global air logistics hub, an international trade center in the Yangtze River Delta, and a shared multi-modal transport center. The project is scheduled for full operation in 2025.

Source: Xinhua News

5.SF Airlines Adds Its 88th Freighter

On December 24, SF Airlines welcomed its first Boeing 737-800BCF to Ezhou Huahu International Airport, marking the airline's 88th freighter in its fleet. This is the first time SF Airlines has introduced a new aircraft model at its Ezhou hub. The fleet will continue to expand, and more capacity is expected to be added by the end of this year or early next year, with the fleet's scale moving steadily toward 90 aircraft.

Source: SF Airlines

6. China Airlines Orders Four Boeing 777-8 Freighters

On December 24, China Airlines announced an order for four Boeing 777-8 freighters, which are expected to be delivered by 2028. The airline also plans to purchase 10 Boeing 777-9 passenger aircraft and 10 Airbus A350-1000s. The total value of the transaction is $11.9 billion. Currently, China Airlines operates a fleet of more than 80 aircraft, including nine Boeing 777-200 freighters and eight 747-400s.

Source: NetEase

7. Zhengzhou Airport's Annual Cargo Mail Volume Exceeds 800,000 Tons

On December 24, a fully-loaded freighter from Chennai, India, landed at Zhengzhou Airport, marking the airport's annual cargo and mail throughput exceeding 800,000 tons. This is the highest annual volume since the airport's opening in 1997. The airport has opened 19 new cargo routes this year, with a daily maximum of 90 freighter flights. From January to November, the airport handled 739,000 tons of cargo and mail, a 35% increase year-over-year, and nearly a 59% increase compared to 2019. Of this, international cargo accounted for more than 50% of the total.

Source: China News

8. First Cross-Border E-Commerce Charter Flight Arrives at Glasgow Prestwick Airport

On December 24, Glasgow Prestwick Airport welcomed its first cross-border e-commerce charter flight. The flight, operated by Silk Way West Airlines based in Baku, Azerbaijan, and chartered by Zhonger Express and Jumen Logistics, carried 90 tons of popular products from platforms like Temu and TikTok Shop. After customs clearance, the goods will be delivered by Royal Mail for final-mile distribution in the UK.

Source: Royal Mail

9. Amazon Updates FBA Inventory Compensation Policy in the US

On December 24, Amazon USA announced an update to its Fulfillment by Amazon (FBA) inventory compensation policy to improve transparency and predictability in compensation calculations. Starting March 10, 2025, for lost or damaged inventory before customer orders, Amazon will compensate based on the "manufacturing cost" of the affected goods. Two methods for determining the manufacturing cost are provided: one based on Amazon's estimates, including assessments from Amazon, other sellers, and wholesale channels, and the other by sellers providing their own cost estimates.

Source: Amazon

10. Taobao Adjusts Overseas Direct Mail Payment Rules

On December 24, Taobao announced adjustments to the payment timeout rules for overseas direct mail products. If the buyer does not provide valid identification within 30 days of successful payment, resulting in the seller being unable to ship, the transaction will be automatically closed. This change will take effect on December 27, 2024.

Source: Taobao

11. Trump Supports TikTok's Continued Operation in the US

On December 24, former US President Donald Trump expressed support for TikTok to continue operating in the US. This marks his strongest signal yet against TikTok's potential ban. Trump stated that videos he posted on TikTok during his campaign garnered billions of views. According to relevant laws, TikTok's parent company ByteDance must divest from TikTok by January 19, 2025, or face a full ban.

Source: CCTV News

12. 100,000 Chinese Sellers Join Russian E-Commerce Platforms

On December 24, it was reported that the number of Chinese sellers on Russian e-commerce platforms has grown significantly. From 2020 to 2024, online sales and order volumes have continued to increase, with a projected total sales volume of 10.7 trillion rubles by the end of 2024. Major platforms like Wildberries and Ozon dominate the Russian online retail market, with Chinese products playing a key role. Ozon has signed at least 100,000 Chinese sellers, while Wildberries has registered around 300 Chinese distributors. Chinese sellers mainly offer products in categories like electronics, small appliances, clothing, and footwear.

Source: Financial Times

END

Cross-border E-commerce Logistics Baixiaosheng