1. DSV May Sell DB Schenker Warehouses

On December 27, it was reported that DSV plans to take over DB Schenker in the second quarter of next year. With significant overlap in the warehousing facilities of both companies, they plan to merge by 2025, leading to the sale of many existing DB Schenker warehouses. According to Citibank, DSV may sell over 1.6 million square meters of warehouse facilities spread across 150 locations, with a total sales value of 1.8 billion euros.  

Bloomberg noted that Citibank raised its target price for DSV stock by 59% in its analysis report. In mid-September, DSV announced its acquisition of DB Schenker for 14.3 billion euros, which is expected to be completed by the second quarter of 2025. Recently, it was revealed that DSV has obtained half of the necessary regulatory approvals for the acquisition.  

Source: Trade Watchtower

2.China Southern Logistics Direct Delivery Across the U.S.

On December 27, China Southern International Express announced direct delivery services across the entire U.S., offering high-efficiency service. The express option can ensure delivery within 4-6 days, and the fast line ensures delivery within 6-8 days. The service includes visible transport progress, stable timelines, and professional delivery, with door-to-door service available at the click of a button.  

"Southern Express" is a high-efficiency logistics product developed by China Southern Logistics, utilizing its own airline capacity and network. It offers value-added services like small parcel pickup, extended delivery, and terminal pickup through process optimization and cooperation with ecosystem partners, all based on air cargo transportation.  

Source: China Southern Logistics

3.China Eastern Logistics Completes 4 Transactions Worth 30 Million Yuan

On December 27, it was reported that China Eastern Logistics completed four bulk transactions, totaling 2 million shares and a transaction amount of 30.4 million yuan. The average transaction price was 15.20 yuan per share, with institutional accounts buying 1 million shares for 15.2 million yuan. The stock closed at 16.81 yuan that day, down 0.18%, with a total turnover of 224 million yuan. Bulk transactions accounted for 13.54% of the day’s total turnover, at a 9.58% discount.  

Source: Financial Intelligence Star

4.Sinotrans to Establish New Joint Venture

On December 27, Sinotrans announced that its subsidiary and related parties would jointly invest in a new joint venture. The venture, formed between Sinotrans Chemical International Logistics Co., Ltd. and Sinotrans South China Co., Ltd., along with Zhanjiang Port Group, will focus on building the Zhanjiang chemical logistics hub project.

Source: China Shipping Weekly

5.TEMU Tightens Instructions Control for 13 Countries

On December 27, TEMU announced stricter control over instructions for products sold to 13 countries, requiring merchants to provide both electronic and paper versions of instructions in 13 languages, including English, French, German, and Japanese. If a product lacks the corresponding language instructions, it will be removed from stock on the relevant official language sites.  

Source: E-Commerce News

6.Zhengzhou Airport Expands "Air-to-Air" Transfer Services

On December 27, a full cargo plane operated by SF Airlines successfully landed at Zhengzhou Airport, carrying a batch of fashion items that were transferred across airlines and airway bills. These goods were later shipped via Cathay Pacific Cargo to the U.S., marking the successful completion of the "air-to-air transfer" at Zhengzhou Airport. As of December 23, Zhengzhou Airport’s "air-to-air transfer" business had transported about 25,000 tons of goods, a year-on-year increase of 81.9%.  

Source: Elephant News

7.Temu Becomes the Most Popular Cross-border Platform

On December 27, a survey by Omnisend revealed that Temu has become the most popular Chinese e-commerce platform in the U.S., surpassing competitors like Shein and TikTok Shop. Temu is the first choice for 23% of U.S. consumers, with Shein and TikTok Shop trailing at 18.3% and 11.9%, respectively. Facing fierce competition, Amazon also launched its "Amazon Haul" section to attract consumers with low-priced goods.  

Source: Omnisend

8. AliExpress to Establish Joint Venture

On December 27, a regulatory filing revealed that Emart’s subsidiary signed an agreement with AliExpress to form a joint venture. The new venture will own 100% of Gmarket, Emart’s e-commerce subsidiary.  

Source: Jiemian News

9. Shop Tokopedia's Double 12 Sales Surge 50 Times

On December 27, Aditia Grasio Nelwan, head of TikTok's e-commerce communications, revealed that during the peak hour of the 12.12 sale, Shop Tokopedia achieved a 50-fold increase in transaction value through TikTok live streams. SMEs saw revenue growth of up to 115%, while sales of local products increased by 70%.  

Source: Valid News

10.Maersk to Impose PSS in Multiple Regions

On December 27, Maersk announced that starting from January 6, 2025, it will impose a Peak Season Surcharge (PSS) on all dry containers from the Far East (including Brunei, mainland China, Hong Kong, Indonesia, and more) to Mexico, Central America, the West Coast of South America, and the Caribbean. Specific rates will range from $250 to $500 depending on container type.  

Source: Maersk

11. OOCL Launches New CHL2 Route

On December 26, OOCL announced the launch of a new China-Laem Chabang (CHL2) route to enhance connections between China and Thailand. This new route will set sail on January 10, 2025, improving service times and the reliability of the CHL series routes to meet growing market demand.  

Source: Logistics Baba

12.Guangdong Bonded Zone Trade Grows 21.2% in First 11 Months

On December 27, it was reported that from January to November, the import and export value of Guangdong's bonded zones reached 773.9 billion yuan, a year-on-year increase of 21.2%, accounting for 9.4% of the province's total foreign trade. From June to November, bonded zone trade grew by 29.4%, far outpacing Guangdong’s overall trade growth.  

Source: Guangdong Customs Bureau

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Public Account: Cross-border E-commerce Logistics Baixiaosheng