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Temu's monthly GMV has exceeded $1 billion; SF Express's "Exclusive Express" service goes international.
Release Date:2023.11.13 Cate:News1. SF Express's "Exclusive Express" service expands overseas.On November 13th, SF Express Vietnam officially launched its "Exclusive Express" service in Vietnam. This marks the first time that SF Express's Exclusive Express product has ventured beyond China, making its debut in Vietnam. The service is tailored for customers in Vietnam who require urgent transportation o
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"CA$128.6 Billion! Why is Sino-Canadian Trade Continuously Soaring, Setting New Records?"
Release Date:2023.11.10 Cate:NewsOn November 5, 2023, the 6th China International Import Expo (CIIE) grandly opened at the National Exhibition and Convention Center in Shanghai. General Secretary Xi Jinping's letter clearly defined the significance and direction of hosting the CIIE: China will steadfastly promote high-level openness, making the vast Chinese market a market shared by the world, and helping to promote the build
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Deluxe Express has reached a cooperation agreement with the Global Aviation Cluster Alliance; Chinese sellers have successfully topped the country's cross-border e-commerce market.
Release Date:2023.11.10 Cate:News1. IATA: Moderate Growth in Air Cargo Demand Maintained in SeptemberOn November 10th, the International Air Transport Association (IATA) released its monthly report on global air cargo demand for September 2023, showing a 1.9% increase, maintaining moderate growth.Global air cargo demand, measured in freight tonne kilometers (CTKs*), increased by 1.9% compared to September 2022 (international dema
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On November 10th, it was reported that the inventory volume of Cainiao's overseas warehouses for the Double Eleven event has exceeded three times that of last year.
Release Date:2023.11.09 Cate:NewsOverseas Double Eleven, Chinese cross-border merchants are gearing up.According to Cainiao, as of now, the inventory volume for Double Eleven in its 15 global overseas warehouses has exceeded three times the peak inventory level during the same period last year.(Cainiao Spain Overseas Warehouse)According to Qu Rengang, General Manager of Cainiao International Supply Chain Overseas Warehouse Divisi
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Three Aspects for Enhancing the Quality and Increment of Cross-border E-commerce Development.
Release Date:2023.11.09 Cate:NewsOn November 6th, the "6th China International Import Expo Shenzhen Trade Delegation Procurement Matchmaking and Cross-border E-commerce Development Exchange Conference," themed "Crossing Boundaries, Achieving Win-win Cooperation," was successfully held in Shanghai. Over 150 industry opinion leaders, cross-border ecological service entrepreneurs, and media scholars participated,
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Huamao Logistics plans to transfer 30% equity of its subsidiary in Xiamen.;SHEIN is considering acquiring another fast-fashion brand.
Release Date:2023.11.09 Cate:News1. Huamao Logistics: Plans to transfer 30% equity of its subsidiary Xiamen Huagang Logistics.On November 9th, Huamao Logistics announced that the company and its wholly-owned subsidiary, Huamao Logistics (Hong Kong) Co., Ltd., intend to transfer 30% of the equity held in Xiamen Huagang Logistics Co., Ltd. through public listing. Referring to the appraisal value, the intended base price for the pub
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"SHEIN to Launch New Platform in Europe; UPS Acquires Another Global Logistics Company"
Release Date:2023.11.08 Cate:News1. SHEIN to Launch Second-Hand Clothing Platform in EuropeOn November 8th, SHEIN announced the launch of its second-hand clothing trading platform, Shein Exchange, in Europe. According to El Economista from Spain, the company plans to debut in Europe over the coming months, starting with France and Germany, and will roll out in Spain by 2024. Upon its launch, the company will directly compete with
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Best Express may be privatized? Proposal received; South Airlines opens a Sino-US freight route.
Release Date:2023.11.07 Cate:News1、Best Express may undergo privatization, as Alibaba's Cainiao and others have submitted a buyout proposal.On November 7th, it was announced that Best Express Group may undergo privatization, as the company's board of directors has received a preliminary non-binding privatization proposal dated November 3, 2023. The proposal originates from Best Express Group's founder, chairman, and
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Ezhou Huahu Airport initiates new international logistics operations; Guangzhou opens four new international freight routes.
Release Date:2023.11.06 Cate:News1. Maersk's third-quarter revenue of $12.1 billion meets expectations On November 6th, Maersk released its financial report, indicating that the company's performance in the third quarter of 2023 met expectations. However, the current market environment is increasingly challenging, with freight rates far below the peak reached in 2022, and an increase in maritime shipping capacity continue
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Southern Airlines Reopens Another International Cargo Route Shopify Makes Bold Moves, Directly Competing with Amazon
Release Date:2023.11.03 Cate:News1. Royal Mail Introduces New International Oversized Parcel ServiceOn November 3rd, Royal Mail of the United Kingdom officially launched a new international oversized parcel service, offering a new option for both business customers and regular consumers to send larger parcels overseas. Additionally, Royal Mail will provide equal export options for all parcels processed within the UK.The new servi
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"In 2022, there was a significant transformation in the industry landscape, how has the trend of cross-border logistics evolved?"
Release Date:2022.01.06 Cate:NewsAmidst the repeated outbreaks of the COVID-19 pandemic in 2021 and frequent occurrence of black swan events, the global economic and trade landscape underwent dramatic changes. The supply chain crisis exacerbated the supply-demand imbalance, while the wave of platform closures triggered significant shifts in traffic. European tax reforms accelerated the pace of compliance transformation.Both onlin
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