1. Sinotrans Takes Major Action

On January 8, Sinotrans announced that China Bank Fund Management Co., Ltd. and China Bank Asset Management Co., Ltd. submitted the registration, listing, and application materials for the China Bank-Sinotrans Storage Logistics Closed-End Infrastructure Securities Investment Fund to the China Securities Regulatory Commission (CSRC) and the Shanghai Stock Exchange (SSE). The application was recently accepted by the CSRC and the SSE. According to the listing rules of the Hong Kong Stock Exchange, the company's infrastructure REITs issuance constitutes a spin-off listing, and the application for PN15 submission has been approved by the Hong Kong Stock Exchange.

Source: Sinotrans

2. Pan-Asia International to Acquire 30% Stake in U.S. Logistics Provider

On January 8, Pan-Asia International announced that its buyer (Ingrun Holdings Limited, an indirect wholly-owned subsidiary of the company) has entered into a membership interest purchase agreement with the target company (Advanced Logistics Solutions LLC, a limited liability company registered in Utah, USA) and the seller (collectively Hi5s and Hard 8). Under the agreement, the seller agrees to sell a 30% membership interest in the target company for USD 635,300 (approximately HKD 4.93 million). The target company is a logistics supplier in the U.S. operating container freight stations, offering pickup, sorting, and warehousing services for parcels arriving at U.S. airports.

Source: Pan-Asia International

3. YTO Express Acquires 100% Stake in Logistics Company

On January 8, YTO Express announced that its wholly-owned subsidiary, YTO Limited, will acquire 100% of the equity in Guangzhou Yuan Sheng Tong Logistics Co., Ltd. from its controlling shareholder, Jiaolong Group, for a transaction price of RMB 234 million. This price was determined based on the valuation results of Beijing Guo You Da Zheng Asset Appraisal Co., Ltd. The purpose of this transaction is to optimize the asset allocation in Southern China in line with the company's business development and operational planning.

Source: YTO Express

4. Jiayou International Completes 147 Million RMB of Fundraising Projects

On January 8, Jiayou International announced the completion of certain non-public offering stock fundraising investment projects. The funds saved a total of RMB 147 million, which includes deposits, interest, and investment income. The company successfully saved funds through prudent use and strong cost control. Additionally, the company adjusted its construction plans to reduce equipment investment based on a shift in demand for loading machines and lifting vehicles.

Source: Caizhong News

5. FedEx Optimizes Export Network in Shandong

On January 8, FedEx announced the optimization of its export network in Shandong Province, enhancing the same-day export flight services for shipments from parts of Shandong to Japan. Transit time will be reduced by one day. The service improvement covers shipments from Qingdao, Weifang, Yantai, Weihai, Jinan, and Zibo, with specific transit times depending on postal codes.

Source: FedEx

6. U.S. Customs to Strengthen Import Goods Regulation

On January 8, U.S. Customs and Border Protection (CBP) announced that it will implement stricter inspection procedures for imported goods starting January 11, 2025. Shipments from different channels to the same recipient that arrive on the same day and exceed a value of USD 800 will be subject to more stringent customs reviews, and the goods may be detained until the required import duties or commercial declarations are made.

Source: CBP

7.J&T Express Reports Q4 2024 Business Data

On January 8, J&T Express released its Q4 2024 operational data report, showing a 32.5% year-on-year increase in parcel volume to 7.392 billion items. In Southeast Asia, parcel volume increased by 62.5%, while in China, the volume grew by 27.4%. For the full year 2024, the total parcel volume was 24.646 billion items, up 31% from 2023.

Source: J&T Express

8. TEMU to Launch In-Site Advertising

On January 8, TEMU announced that its in-site advertising function will be officially launched in mid-January 2025. Sellers can apply for beta testing between January 11 and the full launch. To qualify for the test, stores need to meet certain conditions, including having a significant number of active links and being a semi-owned or self-operated store in the U.S.

Source: Yi En Net

9. TikTok Shop’s Global GMV Exceeds USD 326 Billion

On January 8, TikTok Shop announced that its global Gross Merchandise Volume (GMV) has reached approximately USD 326 billion. The U.S. is the largest market for TikTok Shop, contributing about USD 90 billion, followed by Indonesia with USD 62 billion.

Source: Tabcut.com

10. AliExpress Opens for U.S. Local POP Sellers

On January 8, AliExpress announced the opening of its platform to local U.S. POP (self-operated) sellers, recruiting businesses based in the U.S. with local inventory. Sellers who join by June 30 this year and ship products will enjoy three months of commission-free sales.

Source: AliExpress

11. Miravia, Alibaba’s Spanish E-Commerce Platform, Opens Portugal Site

On January 8, Miravia, Alibaba’s Spanish e-commerce platform, announced the opening of its Portuguese site. Merchants who are already on Miravia can now easily open a store on the new Portuguese site, with resources like operational back-end systems, visual data analytics, and logistics services available.

Source: Kejixun

12. Shopee Increases Sales Fees Again

On January 8, Shopee announced another increase in its sales fees starting January 20, 2025. The fees for electronic products will rise from 8%-10% to 5%-11%, while the fees for non-electronic products will increase from 10% to 10.5%-11%.

Source: Shopee

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Public Account: Cross-border E-Commerce Logistics Baixiaosheng