1. DHL Increases Investment in China Logistics 

On February 8, Tobias Meyer, CEO of DHL Group, stated in an interview, “China is one of DHL's fastest-growing logistics markets globally and is crucial to DHL's global strategy. Over the past few decades, China’s economy has grown rapidly, with its international status significantly enhanced, becoming the world’s largest trading nation. In response, DHL has consistently prioritized the Chinese market and continuously increased investment and strategic deployment in China over the years. In the future, we will remain committed to providing fast, high-quality express and freight services globally to help China deeply integrate into the global trade system."

Source: DHL

2. SF Express Adjusts U.S. E-commerce Clearance Fees and Duty Prepayment 

On February 8, SF International announced that the U.S. Customs and Border Protection (CBP) recently imposed additional tariffs on imports originating from mainland China and Hong Kong. These products will be assessed, regardless of their value, and are no longer eligible for the U.S. "Section 321" $800 duty exemption. Due to this policy change, SF Express has adjusted its U.S.-bound e-commerce standard service. Regarding service price adjustments: due to changes in the destination country's customs clearance model, clearance costs have significantly increased. Starting from 12:00 PM (Beijing Time) on February 5, SF Express will add a 20 RMB comprehensive customs clearance service fee per shipment. Regarding duty prepayment: for goods bound for the U.S. from mainland China and Hong Kong that are weighed after 12:00 PM (Beijing Time) on February 5, SF Express will collect a 30% duty deposit during package weighing. The final settlement will be based on the actual amount levied by U.S. CBP, with refunds or additional charges as applicable.

Source: SF International

3. YunTu Logistics Issues Latest Announcement

 On February 8, YunTu Logistics issued an important announcement regarding U.S. tariff policy adjustments and service changes, following the latest policy update from U.S. Customs and Border Protection. Regarding service price adjustments: due to changes in the customs clearance model in the destination country, customs clearance costs have increased significantly. Starting from 9:00 AM (Beijing Time) on February 5, YunTu Logistics will add a 20 RMB customs clearance fee per shipment. Regarding duty prepayment: for U.S.-bound goods originating from China (including Hong Kong) and signed in after 9:00 AM (Beijing Time) on February 5, YunTu Logistics will collect a 30% duty deposit at the time of package sign-in. Final settlement will be based on the actual amount levied by U.S. CBP, following the principle of "refund for excess, pay the shortfall."

Source: YunTu Logistics

4. FedEx Acquires a Company 

On February 8, FedEx announced that it has acquired RouteSmart Technologies, a global leader in route optimization solutions with over 40 years of professional experience. RouteSmart provides critical technology to organizations in industries such as newspaper, postal and parcel delivery, public affairs, utilities, field services, and waste collection. Through this acquisition, FedEx will leverage RouteSmart’s expertise and proven technology platform to accelerate the deployment of universal route optimization capabilities within FedEx operations, enabling FedEx team members to work more safely and intelligently.

Source: Courier Ecosystem

5. JD Zhaofeng Increases Stake in Deppon by 16.5 Million Shares 

On February 8, Deppon Logistics announced that its indirect controlling shareholder, JD Zhaofeng, increased its stake in the company by 16.5 million shares through a block trade on February 6, 2025, accounting for 1.6067% of the total share capital. After the increase, JD Zhaofeng’s total holding ratio rose to 8.3838%. In the first three quarters of 2024, Deppon Logistics achieved revenue of 28.296 billion RMB, with a net profit attributable to shareholders of 517 million RMB. Deppon Holdings is controlled by JD Zhaofeng, and after this equity change, Deppon Holdings and JD Zhaofeng collectively hold 74.8805% of the company’s shares, up from 73.0235%.

Source: Deppon Logistics

6. Amazon Delivers Over 9 Billion Same-Day and Next-Day Items in 2024 

On February 8, Amazon reported record-breaking delivery speeds in 2024, with over 9 billion items delivered same-day or next-day to Prime members. Thanks to fast and free shipping, Prime members worldwide saved nearly $95 billion in total, with U.S. members saving over $500 in shipping costs on average throughout the year. U.S. Prime members averaged nearly two orders per week, with close to 100 orders annually, reflecting their strong reliance on the service.

Source: Amazon

7. TikTok Shop’s Global GMV Reaches $33.2 Billion in 2024

On February 8, a report jointly released by MomentumWorks and Tabcut attracted attention, showing that TikTok Shop's global Gross Merchandise Volume (GMV) soared to $33.2 billion in 2024, more than doubling from the previous year. The U.S. market performed exceptionally well, with GMV climbing to $9 billion within just 16 months of launch, a year-on-year increase of 650%, making it the largest market in TikTok Shop's global footprint.

Source: MomentumWorks, Tabcut

8. Shopee Adds $8 Return Fee for COD Parcels 

On February 8, Shopee announced that starting February 10, 2025, cross-border stores on Shopee Vietnam will be charged an additional $8 USD for the return shipping of COD (Cash on Delivery) parcels that are returned due to buyers not picking them up or delivery failures. 

Source: Shopee

9. China Tops Global E-commerce Rankings for 2024 

On February 8, Statista Market Insights data revealed that in 2024, China led the global e-commerce market with nearly $1.5 trillion in online sales, followed closely by the U.S. at $1.2 trillion and Japan at $169 billion. Chinese e-commerce companies are not only catering to domestic demand but also expanding internationally. For instance, PDD’s Temu is projected to achieve sales of $54 billion in 2024, while Shein has shown strong performance in overseas markets, and Alibaba's AliExpress is making progress internationally as well.

 Source: Statista Market Insights

10. 27 New International Cargo Routes Launched in January

 On February 8, it was reported that 27 new international cargo routes were launched in China in January, adding more than 43 round-trip flights per week. The main goods transported include cross-border e-commerce items, electronic products, and automotive parts.

Source: China Federation of Logistics and Purchasing, Aviation Logistics Division

11. Hong Kong Cargo Airlines Adds New Flight

 On February 8, Hong Kong Cargo Airlines (HKAC) announced the expansion of its global route network with the addition of a new direct flight to Glasgow Prestwick International Airport (PIK) in Scotland. The airline confirmed that starting February 10, 2025, it will operate an Airbus A330-200 freighter from Hong Kong to Glasgow Prestwick Airport, making it the first airline to connect the Far East with Glasgow Prestwick. Additional flights will be gradually launched on February 18 and 25, 2025.

Source: HKAC

12. Maersk’s 2024 Revenue Reaches $55.48 Billion

 On February 8, Maersk released its unaudited financial report for the fourth quarter and full year of 2024. The report showed growth across all departments, with operating profit (EBIT) rising by 65% to $6.5 billion. This growth was driven by increased container demand, rising shipping rates, higher terminal revenues, and a steady improvement in most logistics and service products. For the full year 2024, Maersk achieved revenue of $55.48 billion, an 8.6% year-on-year increase. EBITDA grew by 26.5% to $12.13 billion, and net profit for the year reached $6.1 billion, a 56% increase year-on-year.

Source: Maersk

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