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A Shenzhen Cross-Border Logistics Company to List in the U.S.;Lufthansa Cargo Renews Partnership with Chinese Logistics Companies
Release Date:2024.11.08 Cate:News1. A Shenzhen Cross-Border Logistics Company to List in the U.S. On November 8, news broke that Transten Global Group Limited, a Shenzhen-based cross-border logistics company, has officially filed its IPO prospectus with the U.S. Securities and Exchange Commission (SEC), aiming to go public on the NASDAQ. According to the prospectus, Transten Global plans to raise up to $10 million through the IPO
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SF Express Makes the List of Fortune's Most Admired Chinese Companies! JD Logistics Market Value Reaches HKD 100 Billion Again
Release Date:2024.11.07 Cate:News1. FedEx Partnership Platform Offers Up to 90% Discount On November 7, it was announced that Pitney Bowes and Visiture have introduced discounted rates for their respective customers through FedEx. Users of Pitney Bowes' ShipAccel platform now enjoy discounted shipping, with plans to extend this benefit to other services by year-end. Visiture's platforms, including ShipStation, Stamps.com,
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DHL Lowers Full-Year and Mid-Term Growth Forecast;JD.com Expands Parcel Delivery Service to 13 More Countries in the Americas and Oceania
Release Date:2024.11.06 Cate:News1. DHL Lowers Full-Year and Mid-Term Growth Forecast On November 6, DHL Group, the international logistics giant, released its Q3 2024 financial results. The report showed a net profit of €751 million ($818 million), down 6.9% year-on-year. Earnings before interest and taxes (EBIT) reached €1.37 billion, up 0.1%. Despite ongoing weak market dynamics, Q3 revenue grew by 6.2% to €20.6 billion. DH
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Special Training Session on Cross-border E-commerce in Shandong: 4PX Participates in Mapping High-quality Development Blueprint
Release Date:2024.11.05 Cate:NewsOn October 31, the "2024 Special Training Session on High-quality Development of Cross-border E-commerce Services (Shandong Session)" was successfully held in Zibo, Shandong. The event was hosted by the Department of Industry Promotion of the China Council for the Promotion of International Trade (CCPIT) and organized by the Commercial Industry Committee of CCPIT, the Shandong Provincial
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Top 50 Global Freight Companies; Air China Cargo's IPO Approved; JD.com's Same-day Delivery to Launch in Europe
Release Date:2024.11.05 Cate:News1. 2024 Top 50 Global Freight Companies List ReleasedOn November 5, it was reported that based on the freight revenue rankings for 2023, the authoritative logistics magazine *Transport Topics* has released the 2024 list of the top 50 global freight companies. The top ten companies are: Amazon (1), FedEx (2), UPS (3), USPS (4), DHL (5), Maersk (6), CMA CGM (7), MSC (8), China State Railway Group Co
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EU to Investigate Temu; FedEx Launches New Automated Sorting Facility; Eastern Airlines Logistics Reports 100% Increase in Q3 Net Profit; China National Freight Establishes Warehousing Service Company
Release Date:2024.11.04 Cate:News1. JD Expands International Express Services to 11 More Asian Countries On November 4, JD International Express announced the expansion of its services to 11 more Asian countries, including the UAE, Saudi Arabia, Qatar, Oman, Jordan, India, Pakistan, Bangladesh, Nepal, Kazakhstan, and Mongolia. Consumers in these countries can now receive international deliveries from JD. Over the past month, JD L
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EU to Investigate Temu; FedEx Launches New Automated Sorting Facility; Eastern Airlines Logistics Reports 100% Increase in Q3 Net Profit; China National Freight Establishes Warehousing Service Company
Release Date:2024.11.01 Cate:News1.EU to Investigate Temu On November 1, it was reported that the European Commission is set to investigate the Chinese online retail platform Temu. Temu, part of PDD Holdings, must provide relevant information by a specified date. The Commission indicated that it will decide on further actions after evaluating Temu's response. Under the EU's Digital Services Act, companies with over 45 mil
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TEMU Semi-Managed Major Organizational Adjustment; SHEIN Opens Free Warehouses in Europe and America; UPS Reduces Daily Processing by 1 Million Packages
Release Date:2024.10.30 Cate:News1. TEMU Semi-Managed Major Organizational Adjustment On October 30, it was reported that TEMU, the overseas e-commerce platform of Pinduoduo, will undergo three major adjustments in its semi-managed model. In terms of recruitment, each group will be responsible for a specific category, prioritizing categories based on previous internal competitions. Organizationally, the recruitment team will merg
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China Post Partners with Lufthansa Cargo; DHL to Open New Freight Station; Huakai Yibai's Q3 Revenue Increases by 47.72%
Release Date:2024.10.29 Cate:News1.China Post Partners with Lufthansa Cargo On October 29, news broke that China Post Express Logistics Co., Ltd. has announced a strategic cooperation framework with Lufthansa Cargo aimed at deepening their partnership and promoting mutual development. A memorandum of cooperation details the goals for innovation and collaboration over the next five years. To establish a robust cooperative mechanis
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New Product Launch | Jace's Mexico Sea Freight Products Are Here!!
Release Date:2024.10.28 Cate:NewsAccording to data provided by the Mexican Federal Ministry of Economy, the bilateral trade volume between Mexico and China grew by over 12% in the first half of 2024. Additionally, imports from China accounted for 20% of Mexico's total imports, solidifying China’s position as Mexico's second-largest trading partner. As an economic powerhouse in Latin America, Mexico's GDP reached $1.8
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DHL and Amazon Air Collaborate; Huamao Logistics and UPS Announce Latest Performance; SF Express Plans to Raise $1 Billion
Release Date:2024.10.28 Cate:News1. DHL and Amazon Air Collaboration On October 28, it was reported that after Amazon Air opened its capacity to third parties, it received strong support from DHL's air freight services. During DHL’s Q3 earnings call, CEO Stefan Paul revealed that DHL’s Asian subsidiary, Apex, which focuses on e-commerce fulfillment across the Pacific and within Asia, is using Amazon’s aircraft. It is repor
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Hong Kong Mega Show: 4PX International Exhibition Logistics Services Attract Attention
Release Date:2024.10.25 Cate:NewsFrom October 20th to 23rd, the 31st Mega Show Hong Kong Gifts & Premium Fair (referred to as "Hong Kong Mega Show") was held at the Wan Chai Convention and Exhibition Centre in Hong Kong, China. 4PX participated in the event for the first time. This exhibition attracted more than 3,100 exhibitors from over 30 countries and regions, including mainland China, India, South Korea, Japan,
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Jaiyuda Acquires Two U.S. Logistics Warehouses; DHL Expands Air Cargo Hub; Amazon Expands Same-Day Delivery Service
Release Date:2024.10.25 Cate:News1.Jaiyuda Global Logistics Expands U.S. OperationsOn October 25, it was announced that Shenzhen-based cross-border logistics solutions provider Jaiyuda Global Logistics Co., Ltd. has acquired shares in two key logistics facilities in California, U.S., and a licensed customs brokerage firm in Georgia. These strategic investments are part of Jaiyuda's ongoing efforts to expand its U.S. operation
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Global Freight Forwarding Giants Report Q3 Performance; SHEIN Tops Global Traffic; JD and FedEx Expand Southeast Asia Operations
Release Date:2024.10.24 Cate:News1. DSV Releases Q3 2024 Financial ReportOn October 24, it was reported that in the third quarter of 2024, DSV's net revenue reached 6.487 billion Swiss francs (approximately $7.48 billion), a year-on-year increase of 19.3%. Gross profit was 2.187 billion Swiss francs (approximately $2.522 billion), up 5.2%; EBITDA was 661 million Swiss francs (approximately $762 million), up 3.3%; EBIT was 455
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DHL to Increase Freight Rates by 4.9% in 2025; GuCang Becomes a Quality Ecosystem Partner of SHEIN; Important Announcements from Four Listed Companies under the National Team!
Release Date:2024.10.22 Cate:News1. DHL to Increase Freight Rates by 4.9% in 2025 On October 22, DHL Express announced a freight rate adjustment effective January 1, 2025. Average rates will increase by 4.9% in New Zealand, Bangladesh, Brunei, and Sri Lanka, while specific increases for Thailand are yet to be announced on their official website. Despite ongoing geopolitical dynamics and supply chain disruptions impacting the logi
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Crossing Cycles, Resilient Growth | 4PX Joins Industry Leaders to Map the Blueprint for Cross-Border E-Commerce Growth
Release Date:2024.10.21 Cate:NewsAmidst the waves of globalization and digitalization, cross-border e-commerce has emerged as a new engine for international trade. As global e-commerce penetration continues to grow, the market size is expected to surpass $8 trillion by 2027. This trend presents immense potential for cross-border e-commerce and offers unprecedented opportunities for Chinese brands and merchants to expand overseas.
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SF Express Opens New Airside Logistics Center; SHEIN Sees 138% Surge in Customers Over 8 Months; Four Major Couriers Release Latest Financial Results
Release Date:2024.10.21 Cate:News1. SF Express Opens New Airside Logistics Center with SATS On October 21, SF Express held the grand opening ceremony for its Singapore airside logistics center at SATS Airfreight Terminal Core A, located at Changi Airport. The new center will significantly reduce customs clearance time from 4-6 hours to 1.5-2 hours, enhancing SF Express' cargo sorting and transshipment capabilities in Singapor
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China Foreign Trade Plans to Repurchase Over 271 Million Yuan! Zhongchuang Logistics to Sign Investment Agreement with MSC Subsidiary!
Release Date:2024.10.18 Cate:News1. China Foreign Trade Plans to Repurchase No Less Than 271 Million YuanOn October 18, China Foreign Trade announced it intends to use its own or raised funds of no less than 271 million yuan (inclusive) and up to 542 million yuan (inclusive) to repurchase the company's issued ordinary shares (A-shares) through centralized bidding. All repurchased shares will be canceled, reducing the company’
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Belgian Delegation Visits 4PX Shenzhen East Warehouse to Explore Advanced Automated Logistics Technology
Release Date:2024.10.17 Cate:NewsOn September 26, a Belgian delegation visited the 4PX Shenzhen East Operation Center (hereinafter referred to as the "Shenzhen East Warehouse") with the aim of introducing advanced warehouse automation equipment and technology. The delegation included representatives from the Wallonia Export-Investment Agency, e-Origin, JOST, Bpost Group (Belgium Post Group), EDT Express, and the Port of
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FanYuan International Wins Alibaba Warehouse Contract; JD Logistics Overseas Warehouses to Grow Over 100%; Six Major Listed Airlines Announce Cargo Performance for the First Three Quarters
Release Date:2024.10.17 Cate:News1.FanYuan International Wins Alibaba International East China Hub Warehouse ContractOn October 17, it was announced that FanYuan International's wholly-owned subsidiary, Hangzhou FanYuan International Logistics Co., Ltd. (Hangzhou FanYuan), recently received a notification from Shenzhen OneTouch Supply Chain Service Co., Ltd. that it has successfully won the bid for Alibaba International's
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With the demand for over 100 cargo planes per day, is a narrow-body or wide-body aircraft better suited to meet future needs?
Release Date:2024.10.16 Cate:NewsCurrently, online platforms require transporting over 10,000 tons of goods daily, equivalent to the capacity of 100 Boeing 777 freighters. As global trade patterns shift, consumer habits evolve, and technology advances, air cargo companies are experiencing a significant increase in demand for freighter aircraft. But just how large is the global air cargo market, and will this growth trend continue
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DHL Launches New E-commerce Service! JD Logistics Cross-border E-commerce Center Project Operational!
Release Date:2024.10.16 Cate:News1. DHL Launches a New E-commerce Service On October 16, DHL announced the launch of a new service that allows customers to return e-commerce items without the need to print shipping labels. This label-free service, now available in over 50 countries worldwide, is a digitally optimized process aimed at enhancing convenience and reducing paper waste. Customers can receive a QR code to present at a D
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4PX’s Dai Bin: Actively Paving the Way for ESG Practices and Creating a Green Benchmark in Cross-Border Logistics
Release Date:2024.10.15 Cate:NewsOn September 23rd, the 18th China (Shenzhen) International Logistics and Supply Chain Expo kicked off at the Shenzhen Futian Exhibition Center, attracting nearly 2,000 exhibitors from 51 countries and regions. As a major event in the industry, this year’s expo not only offered companies a platform to find business partners but also a key stage for showcasing the latest innovations, gaining market
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Three Major International Couriers Announce Year-End Shipping Deadlines; SF Express and Cainiao Listed in the Private Enterprise 500; USPS Plans to Integrate Package Network
Release Date:2024.10.15 Cate:News1. Three Major International Couriers Announce 2024 Year-End Shipping DeadlinesOn October 15, it was announced that the three major U.S. couriers — USPS, FedEx, and UPS — have successively released their year-end holiday shipping deadlines for 2024. According to the announcements:FedEx deadlines are as follows:FedEx SameDay: December 24;FedEx First Overnight, FedEx Priority Overnight, FedEx Sta
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The latest list of Amazon's TOP 100 sellers for October is out!
Release Date:2024.10.14 Cate:News1. Amazon TOP 100 Sellers The "reviews" shown in the list are ratings provided by customers after purchasing from sellers. Depending on the price and category of the product, between 1% and 5% of buyers leave reviews. The rankings are based on the number of positive reviews received by sellers in the past 30 days. As of October 2024, among the 100 sellers on the U.S. marketplace list, 77
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The EU Requests Information from TEMU! Eastern Airlines Logistics Completes Three Transactions Worth 20 Million RMB!
Release Date:2024.10.14 Cate:News1.EU Requests Information from TEMUOn October 14, it was reported that the European Commission has issued an information request to the shopping platform TEMU under the Digital Services Act (DSA), demanding information on the platform’s measures to prevent the sale of illegal products. According to the European Commission's statement, the Commission sent a Request for Information (RFI) to TE
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AliExpress and Cainiao Expand "Global 5-Day Delivery" to 14 Countries Before Double 11, Reducing Delivery Time by 50%
Release Date:2024.10.12 Cate:NewsThe 2024 AliExpress Double 11 is currently in full swing. To help cross-border sellers capture the biggest business growth opportunity of the year, AliExpress, together with Cainiao, has upgraded its logistics fulfillment services. The "Global 5-Day Delivery" international express service has expanded to 14 countries, including new additions like Italy, Poland, and Japan, accelerating co
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Air China Cargo Submits IPO Registration; SF Express Becomes Amazon's First-Mile Logistics Service Provider;Jiacheng International Wins ByteDance Cross-Border Logistics Bid
Release Date:2024.10.12 Cate:News1. China Cargo Airlines Submits IPO Registration on Shenzhen Main Board On October 12, it was reported that China Cargo Airlines Co., Ltd. (referred to as "China Cargo Airlines") has submitted its IPO registration on the Shenzhen Stock Exchange and updated its prospectus, with a planned financing amount of 3.5 billion RMB. The funds raised from this IPO will be used for aircraft procurem
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Amazon Challenges FedEx and UPS in Air Cargo, DSV Raises €5 Billion to Fund DB Schenker Acquisition!
Release Date:2024.10.11 Cate:News1. Amazon Officially Enters Air Cargo Leasing Market On October 11, Amazon announced its formal entry into the air cargo leasing market, opening up its robust fleet to freight forwarders and other companies. Amazon Air currently operates over 100 aircraft and conducts more than 250 daily flights, covering 54 airports across the U.S. This move marks a strategic expansion in Amazon’s logistics ope
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SHEIN Plans to Collaborate with Shopee; TEMU Responds to Acquisition Rumors; China Post Ranks First in the World
Release Date:2024.10.10 Cate:News1. New Developments for SHEIN, TEMU, and TikTok Shop in Southeast Asia On October 10, news emerged from the LatePost team that Shein is in talks with Shopee regarding a collaboration. It is reported that Shein’s beauty brand Sheglam is negotiating to enter the Shopee platform. Earlier in May, Shein also discussed opening an apparel outlet channel with Lazada, but that plan has not yet materializ
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