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Beckham as the Brand Ambassador! AliExpress "Kicks Off" the Euro Cup, with Cainiao's European Packages Surging by 300%
Release Date:2024.05.31 Cate:NewsOn May 30, with 15 days to go until the start of the 2024 Euro Cup, AliExpress, in collaboration with Cainiao, launched the "Euro Cup Special Line." This initiative includes the establishment of an integrated European warehouse in Dongguan, Guangdong, dedicated to handling cross-border goods bound for Europe. The streamlined shipping process aims to further enhance the "global five-
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The United States tightens de minimis exemption rules, affecting parcel customs clearance; Lege's overseas warehouses cooperate with CEVA.
Release Date:2024.05.31 Cate:News1. The United States Tightens De Minimis Customs Clearance Rules, Affecting Multiple Freight ForwardersOn May 31, it was reported that according to merchant feedback, the U.S. Customs and Border Protection (CBP) has recently implemented a series of customs rectification measures, impacting customs brokers for e-commerce platforms. Several customs clearance companies, including large international
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"China Brand Outbound Team" at SHEIN, supported by cross-border platforms, closely follows market demands to captivate overseas youth.
Release Date:2024.05.29 Cate:News"Recently, April Banbury, the winner of the 'Miss England' pageant and a reality TV star, posted three outfits she bought from SHEIN on social media. She said, 'As a stylist with nearly a decade of experience, I want to share my expertise with everyone. I truly love these Chinese brand products; their quality and price are just beautiful!'"Recently, April Banbury, the win
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SF Airlines has launched a new cargo route; another cross-border e-commerce logistics company has successfully gone public!
Release Date:2024.05.29 Cate:News**SF Airlines Launches New International Scheduled Cargo Route** On May 29, it was reported that an SF Airlines B757-200 freighter took off from Guiyang Longdongbao International Airport, heading to Karachi, Pakistan’s largest city, marking the official launch of the "Guiyang=Karachi" international scheduled cargo route. This is SF Airlines' first international route from Guizhou Pr
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A cross-border logistics company withdraws its IPO application; TikTok raises the threshold for free shipping; Amazon upgrades its European logistics services.
Release Date:2024.05.28 Cate:News**Amazon Upgrades European Logistics Services** On May 28, Amazon Global Logistics announced another iteration of upgrades to AGL's European services. AGL's European services primarily include five-country locked warehousing, duty-free outbound shipping, direct full-container delivery, one-stop order management, and highly compliant customs clearance. This upgrade addresses two pain points
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Amazon launches China's cross-border logistics acceleration program; Yuntu Logistics activates East China hub; JD Logistics introduces new international logistics services
Release Date:2024.05.27 Cate:News**1. Amazon Launches "2024 Export Cross-Border Logistics Accelerator Program"** On May 27, Amazon announced the launch of the "2024 Amazon Export Cross-Border Logistics Accelerator Program" in China. This program includes a series of logistics innovations and initiatives, such as cross-border logistics services and destination warehousing. Amazon will also further improve and e
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The latest bid price from freight forwarding giant DB Schenker has been disclosed; TEMU is expected to achieve profitability by 2025.
Release Date:2024.05.24 Cate:News1. **Deutsche Bahn Reveals New Developments with DB Schenker** On May 24, it was reported that Deutsche Bahn AG has received several confirmed bids for its logistics unit, DB Schenker, which could fetch over €15 billion ($16 billion) in one of Europe's largest transactions this year. According to insiders, a consortium led by CVC Capital Partners Plc and Carlyle Group Inc. submitted a bid va
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Pinduoduo's Q1 Profit Soars by 200%; Huakai Yibai Acquires This Company for 700 Million Yuan; Amazon Announces New Inventory Fee Policy!
Release Date:2024.05.23 Cate:News1. **Pinduoduo's Q1 Revenue Increases by 131% Year-on-Year** On May 23, Pinduoduo Group released its financial results for the first quarter of 2024, ending on March 31. The report shows that Pinduoduo's Q1 revenue was 86.81 billion yuan, exceeding the market estimate of 76.86 billion yuan, representing a year-on-year increase of 131%. Adjusted net profit was 30.6 billion yuan, surpassi
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TEMU gains tax incentive certification in Brazil; Warehouse launches new overseas warehouse; Alibaba invests hundreds of millions of dollars more into Lazada.
Release Date:2024.05.22 Cate:News1.TEMU gains certification under Brazil's tax incentive program. May 22 news: According to the website of the Brazilian Federal Revenue Service, Temu has been certified under a tax incentive program by the Brazilian government. Goods under $50 are exempt from import fees, bringing the company closer to expanding its operations in Brazil. Local media reports indicate that Temu has been prepari
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Aliexpress and Cainiao Make a Big Move to Boost Merchant Orders with the Overseas 618 and the European Championship Events
Release Date:2024.05.21 Cate:NewsThroughout June, AliExpress will host two major overseas promotions: the Summer Carnival from May 29 to June 7, and the Summer Sale from June 14 to June 23. Each event includes a 3-day warm-up period followed by 7 days of official sales, based on local time. Merchants should note that they can link their registrations for both promotions. Products registered for one event will automatically be syn
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The six major listed airlines announced their April performance; Amazon experienced widespread errors; Shopee shortened its shipping time.
Release Date:2024.05.21 Cate:News1. The Six Major Listed Airlines Released Key Operational Data for April On May 21, it was reported that the six major listed airlines in China have successively released their key operational data for April 2024.According to the announcements, the six major airlines collectively carried 397,100 tons of cargo and mail in April, a month-on-month decrease of 3.9%. Specifically, they carried 240,100
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DHL has announced the addition of a new cargo route from Shenzhen. TEMU will be subject to EU regulations. Maersk has responded to the acquisition of DB Schenker.
Release Date:2024.05.20 Cate:News1. DHL Adds Direct Cargo Flight from Shenzhen to Cincinnati On May 20, DHL Express announced the launch of a direct intercontinental cargo flight from Shenzhen to its hub in Cincinnati, USA. Operated by AeroLogic, a joint venture between DHL and Lufthansa Cargo, this route is serviced by a B777 freighter, with one flight per week. This new service reduces the transit time for weekend shipments fro
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Is Temu a Threat to Amazon, Zalando & Otto?
Release Date:2024.05.17 Cate:NewsTemu in Germany: Key Insights Explosive Growth: Temu's launch in 2022 was followed by a worldwide surge in GMV (gross merchandise volume). Germany is one of temu.com's top markets, accounting for 7.6% of GMV in 2023. Amazon Seller Dissatisfaction: Germany's eCommerce market leader, Amazon, is using its dominant position to capture an increasing share of seller revenues for marketing a
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Cainiao Launches First E-commerce Express Line to the Western United States; JD Logistics Achieves Best Quarterly Profit Since Listing!
Release Date:2024.05.17 Cate:News1. Cainiao Launches First China-US E-commerce Express Shipping Line On May 17, a batch of containers carried by Cainiao successfully departed from Shenzhen Yantian International Container Terminal, marking the official opening of Cainiao's first e-commerce express shipping line from South China to the Western United States. This express line, tailored for Alibaba's e-commerce platforms, d
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Exploring the EMS Behind the Hong Kong E-commerce Market
Release Date:2024.05.16 Cate:NewsAccording to official figures from the Hong Kong government, as of 2023, the population of Hong Kong has reached 7.4981 million, with an internet penetration rate as high as 92%, demonstrating strong growth momentum in its e-commerce market. According to recent business updates and unaudited operational data released by Hong Kong Technology Exploration, in September 2023, despite seasonal factors,
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UPS opens new delivery center; MSC introduces $10,000 freight rate; SF Express upgrades same-day delivery service!
Release Date:2024.05.16 Cate:News1. Alibaba: Expected to Complete Dual Primary Listing by End of August On May 16th, Alibaba Group announced its financial results for the fourth quarter and full fiscal year of 2024, stating its anticipation to complete the transformation of its primary listing in Hong Kong by the end of August 2024. Upon completion, Alibaba will have dual primary listings on the Main Board of the Hong Kong Sto
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Latest in May! Amazon, eBay, Etsy Release TOP100 Sellers List
Release Date:2024.05.15 Cate:News1. Amazon TOP100 Sellers The "reviews" shown in the list are evaluations given by consumers after purchasing sellers' products, with the proportion of consumers leaving reviews ranging from 1-5% depending on the product price and category. The rankings are based on the number of positive reviews received by sellers in the past 30 days. In May 2024, among the 100 sellers on the list f
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TEMU is considering adjusting its strategic direction, adding another all-cargo aircraft to its fleet; while AliExpress has signed contracts with several top logistics companies!
Release Date:2024.05.15 Cate:News1. TEMU plans to adjust its strategic direction strategy. "On May 15th, news sources indicate that TEMU's sales in the U.S. market are expected to account for less than one-third of its total sales volume. Faced with sales challenges in the U.S. market, TEMU plans to adjust its strategic direction, focusing more on attracting and acquiring European customers. Source: Guandian.com" 2.
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Southern Airlines Logistics Signs Contract for New International Cargo Station Project; SHEIN Launches Semi-Managed Mode Online!
Release Date:2024.05.14 Cate:News1. SHEIN's Semi-Managed Mode Officially Launches Online On May 14th, SHEIN's semi-managed mode officially launched at the beginning of May, with the United States as its initial station. Under SHEIN's semi-managed mode, sellers can provide supply prices and participate in pricing and operations with SHEIN's assistance, while retaining autonomy in product selection. Products selecte
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USPS is considering raising parcel shipping prices by 25%; DPD Group signs cooperation agreement with Airport New City.
Release Date:2024.05.13 Cate:News1. The United States Postal Service plans to increase prices for Parcel Select On May 13th, the USPS announced that if approved by the commission, the new rates would entail an average 25% increase for Parcel Select service. Parcel Select is a shipping solution for bulk shippers to input packages into the USPS network for regional delivery. The price hike is set to take effect on July 14th, pendi
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The 2024 China Brands Going Global Summit is about to kick off...
Release Date:2024.05.13 Cate:NewsCross-border e-commerce is increasingly becoming an important engine for stabilizing and increasing China's foreign trade, serving as a strong support point for the "dual circulation" strategy, and has gained attention from all sectors of society. On June 1, 2024, the "2024 China Brands Going Global Summit" will be held at the Hilton Shenzhen Airport, gathering industry el
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TEMU, SHEIN, AliExpress, and TIKTOK Shop are all vying for warehouse space, igniting a boom in the logistics and warehousing market!
Release Date:2024.05.13 Cate:NewsIn 2023, the rapid expansion of Chinese e-commerce companies drove growth in the Greater Bay Area logistics real estate market. Cross-border e-commerce enterprises such as TEMU, SHEIN, Global AliExpress, and TikTok Shop are actively seeking warehouse space to support their rapidly growing e-commerce business. For example, prior to its successful participation in the Super Bowl, Pinduoduo's TEM
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Maersk launches new air freight portal; multiple warehouses in Amazon's AGL package in the US West are reported to be overwhelmed;
Release Date:2024.05.11 Cate:News1.Maersk launches a new air freight portal. On May 11th, Maersk announced the launch of a new air freight portal in Miami, expanding its global service network. The new facility, spanning 8,000 square meters, is dedicated to connecting Europe, Asia, and Latin America, offering seamless and competitive freight services. This initiative aims to strengthen supply chain connections in the Latin Ameri
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Air cargo demand growth slows in April while attention turns to Q4
Release Date:2024.05.10 Cate:NewsAdditional belly capacity is affecting the dynamic load factor, air cargo demand as a result of Red Sea shipping disruption is expected to reduce and spot rates are not expected to hold up, warned the ocean and airfreight rate analytics platform. Now airlines have launched their summer schedules, meaning more passenger planes and more belly capacity, overall cargo capacity has increased by 5% year
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Jia Cheng International partners with SHEIN for logistics services; Gu Cang becomes a TEMU semi-managed cooperative warehouse, FedEx will close 7 service centers.
Release Date:2024.05.10 Cate:News1. Jia Cheng International: Wins bid for warehousing and distribution services with SHEIN. On May 10th, Jia Cheng International announced that it has received two "Bid Notification" letters from a wholly-owned subsidiary of SHEIN (the first party), to provide warehousing and distribution services for logistics centers in Foshan, Zhaoqing, and Heshan, Guangdong Province, among others. Th
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Jitu secures tens of millions of dollars in funding;DHL releases latest quarterly report;Amazon adds new sites and distribution centers.
Release Date:2024.05.09 Cate:News1.Jitu Express Enhances Its Middle East StrategyOn May 9th, Jitu Express announced that the multi-million-dollar funding from Yida Capital and Middle Eastern investors has been successfully completed, injecting fresh momentum into Jitu's ongoing expansion in the Middle East..This round of funding will be utilized to further optimize and enhance the Middle East and North Africa (MENA) markets,
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The strongest lineup of guests is coming! See you at the 7th Cross-border Logistics Trends Summit on March 28th!
Release Date:2024.05.08 Cate:NewsOn March 28, 2024, the "7th Cross-border E-commerce Logistics Trends Summit" will be held at the Hyatt Regency Hotel at Shenzhen Airport. This summit will feature government officials, industry experts, leading figures in the field, and renowned overseas companies as special guests, who will deeply explore the new trends, models, and opportunities in the cross-border e-commerce logistics
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Amazon to Lease 10 More Boeing Freighters; TEMU Introduces New Supplier Supply Model; End-to-End Supply Chain Service Provider Passes Hearing at HKEX
Release Date:2024.05.08 Cate:News1."Amazon to Lease 10 Boeing Freighters On May 8th, it was announced that Amazon has committed to leasing 10 freighters from Air Transport Services Group (ATSG) and will pay for the operation of these planes for five years. According to the five-year contract, ATSG will begin operating Boeing 767-300 freighters for Amazon's logistics network this summer, with the possibility of adding ano
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SHEIN Partners with a UPS Subsidiary Company;. SF Express Unveils "Eight Major Strategies;Cross-Border Supply Chain Service Provider Approved for Listing;
Release Date:2024.05.07 Cate:News1. SHEIN partners with Happy Returns to implement the BORIS return scheme On May 7th, it was announced that Happy Returns, a subsidiary of UPS, launched the Buy Online, Return In-Store (BORIS) solution to assist retailers in developing a reverse logistics network linked to physical brand locations. This enables retailers to accept returns without packaging or labels and facilitates exchanges acr
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[TWTH International Logistics Co., Ltd.] Leading Innovator in Technology Logistics, Provider of Overseas Shipping for Large Items, Completes Multi-Million RMB Series B Financing
Release Date:2024.05.06 Cate:NewsRecently, TWTH announced the successful completion of a multi-million RMB Series B financing, with Guangzhou Baiyun Financial Holdings Group Co., Ltd. and its subsidiary, Guangzhou Baiyun Investment Fund Management Co., Ltd., as investors. This not only signifies the high recognition of the capital market for TWTH's strength and development potential but also marks another solid step forward f
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