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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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