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"Asian Logistics, Maritime and Aviation Conference 2024" - A Major Event for the Global Supply Chain Industry Returns!
Release Date：2024.10.10 Cate：NewsThe highly anticipated "Asian Logistics, Maritime and Aviation Conference 2024" (ALMAC), jointly organized by the Hong Kong Special Administrative Region Government and the Hong Kong Trade Development Council, will be grandly held at the Hong Kong Convention and Exhibition Centre in Wan Chai on November 18-19! As the most important annual event in Asia for the supply chain industry, ALM
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Temu's Southeast Asia Sites Increase to 5! A Cross-border E-commerce Company Completes Hong Kong IPO Filing!
Release Date：2024.10.09 Cate：News1. Temu Expands to Vietnam and Brunei As of October 9, Temu has launched in Vietnam and Brunei, expanding its Southeast Asian presence to five markets. Temu is now operating in 82 countries and regions worldwide. The initial version of the Vietnam site is basic, offering only English language support and accepting credit card payments. Two logistics companies are available, with a delivery time of
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SHEIN’s 3.69 Billion Yuan Supply Chain Project Begins; An International Logistics Company Plans to IPO in the U.S.!
Release Date：2024.09.30 Cate：News1.SHEIN Supply Chain Project Phase One Begins Construction On September 30, it was reported that SHEIN's Bay Area supply chain project in Zengcheng, Guangzhou, officially commenced its first phase of construction. The investment in the first phase is 3.69 billion yuan, with a total construction area of no less than 800,000 square meters, including facilities for warehousing, shipping, and or
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Eastern Air Logistics Launches New Cargo Routes; DHL Raises 2025 Global Service Prices; Amazon Adds Two New Exclusive Warehouses
Release Date：2024.09.29 Cate：News1. Eastern Air Logistics Launches New International Cargo Route On September 29, Eastern Airlines launched the "Xi'an-Milan" route, with belly cargo services operated by Eastern Air Logistics, which also provides ground cargo support. This flight carried 331 items weighing 7.5 tons, including electronic products, fashion clothing, and e-commerce goods. Leveraging its European truck s
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TEMU Customer Growth Slows; TIKTOK, Maersk Partner with Amazon; Air France-KLM Resumes Hong Kong Cargo Flights
Release Date：2024.09.26 Cate：News1. TEMU’s Customer Volume Declines While Shein Sees Growth On September 26, it was reported that between January and August 2024, the number of shoppers on the TEMU platform dropped by about 25%, indicating a long-term challenge for the platform's growth. Data shows that, using January’s customer volume as a baseline of 100%, TEMU’s customer volume fell to 79.6% in April and reached 85.2% i
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Latest Cargo Achievements of Six Listed Airlines, JCH International's One World Port Project Commences; UPS Expands Delivery Service in Europe
Release Date：2024.09.25 Cate：News1. August Cargo Data of Six Listed Airlines ReleasedOn September 25, it was reported that the operational data for China Southern Airlines, China Eastern Airlines, Air China, Hainan Airlines, Spring Airlines, and Juneyao Airlines had been released. In terms of cargo and mail:China Southern: 153,600 tons, an increase of 5,800 tons month-on-month；Air China: 118,400 tons, a decrease of 2,400 tons mo
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How to Force a Freight Forwarder to Resign?
Release Date：2024.09.25 Cate：News01Is the Ultimate Fate of Freight Forwarders to Go Bankrupt?Definitely not. Because going bankrupt is too easy. A small amount of money gets rolled up, a small company collapses, and then there’s a public outcry from peers—you can go bankrupt without much effort. And the news of your downfall spreads faster than a viral meme in freight forwarder groups. 02 Is the Ultimate Fate of Freight For
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DHL Launches Cross-Border E-Commerce Solutions; Sinotrans Develops New Air Freight Cooperation; Kuehne+Nagel Opens Its Largest Logistics Center.
Release Date：2024.09.24 Cate：News1. DHL Launches Cross-Border E-Commerce SolutionsOn September 24, it was announced that DHL Global Forwarding has launched various cross-border e-commerce solutions, providing transportation services for cross-border e-commerce goods from China to the global market. A key advantage of this solution is that customers can directly access the European market through DHL's network. Features inclu
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FedEx Misses Expectations; TEMU Semi-Managed Service Launches New Sites; Winit Becomes TEMU's Semi-Managed Partner Warehouse
Release Date：2024.09.23 Cate：NewsFedEx Misses Expectations; TEMU Semi-Managed Service Launches New Sites; Winit Becomes TEMU's Semi-Managed Partner Warehouse 1. FedEx Misses Expectations and Lowers Guidance On September 23, it was reported that FedEx's first-quarter performance in fiscal year 2025 fell short of market expectations, and the company has lowered its full-year earnings guidance. FedEx's total revenue for
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Temu's Global Downloads Surpass 735 Million; SF Airlines and Etihad to Form Joint Venture; Amazon Launches New Supply Chain Services
Release Date：2024.09.20 Cate：News1. Temu Global Downloads Surpass 735 MillionOn September 20, it was reported that Temu's app has been downloaded over 735 million times, according to the latest data from Stocklytics. In August alone, Temu’s global downloads reached nearly 55 million, a 42% year-on-year increase. May, June, and July downloads also exceeded 50 million each, tripling those of Amazon. This has brought Temu’s cu
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SF Express Passes Listing Hearing; JD Logistics Opens Overseas Warehouse; FedEx Announces 2025 Rate Increase
Release Date：2024.09.19 Cate：News1.SF Holdings Plans to Raise Up to $2 Billion On September 19, SF Holdings announced that it is applying to issue H-shares and list on the Main Board of the Hong Kong Stock Exchange. The Hong Kong Stock Exchange listing committee has conducted a hearing on the company's application for this issuance. SF Holdings has successfully passed the listing hearing and is awaiting final regulatory app
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Jiacheng International raises nearly 790 million yuan;DHL to deploy 4 freighters in China;JD Logistics launches new overseas warehouse product
Release Date：2024.09.14 Cate：News1. Jiacheng International signs tripartite regulatory agreement for raised funds On September 14, it was announced that Jiacheng International had completed the public issuance of convertible corporate bonds totaling RMB 800 million. The net raised funds amounted to RMB 793,821,306.38. Jiacheng International, together with its subsidiary Guangzhou Dajin Supply Chain Management Co., Ltd., signed a
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DSV Acquires DB Schenker, Becoming the World's Largest Freight Forwarder; USPS Ends Rate Discounts for UPS and DHL!
Release Date：2024.09.13 Cate：News1. DSV Acquires DB Schenker for $15.4 BillionOn September 13, it was announced that, after a lengthy, multi-round bidding process, Danish logistics giant DSV has won the competition to acquire the rail logistics division of Deutsche Bahn's DB Schenker. The industry-shaking deal, worth approximately €14 billion (equivalent to $15.43 billion), is expected to have its initial contract signed in
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140,829 Square Feet! AURIC Adds a New Self-Operated Warehouse in Toronto
Release Date：2024.09.13 Cate：NewsWe are proud to announce that AURIC Worldwide Cargo's sixth self-operated warehousing center is officially in operation! Since its founding in 2015 by Andrew Campbell and Jessie Campbell, AURIC has rapidly risen to become a leader in the US-Canada logistics industry. With over 25,000 square meters of warehouse space across North America and handling more than 200 containers monthly, we have so
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Expanding Global Opportunities: Highlights from the 10th Cross-Border E-Commerce Supply Chain & Overseas Warehousing Conference and Key Cross-Border Platforms
Release Date：2024.09.13 Cate：NewsThese six themed sessions will form the 10th Cross-Border E-Commerce Supply Chain & Overseas Warehousing Conference. As global competition in e-commerce intensifies, this conference offers an invaluable platform for sellers to learn and exchange ideas. This year, the focus will be on utilizing the latest supply chain technologies and overseas warehousing strategies to help sellers capture and
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China Post, COSCO Shipping, and Others Listed Among China's Top 500 Enterprises; Temu's U.S. Sales in August Grow 37% Year-on-Year; SF Express Plans IPO in Hong Kong by End of September
Release Date：2024.09.12 Cate：News1. New Century Logistics Plans to Raise $6.25 Million On September 12, it was reported that New Century Logistics' latest prospectus shows that the company plans to issue 1.25 million shares at a price range of $4 to $5 per share, aiming to raise between $5 million and $6.25 million. Headquartered in Hong Kong, New Century Logistics is a provider of air and sea freight forwarding services, o
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J&T Express Secures Nearly 9 Billion Yuan in Financing; FedEx Expands Fulfillment Network; Cainiao to Launch Second Global eHub Construction
Release Date：2024.09.11 Cate：News1. J&T Express Secures Nearly 9 Billion Yuan in FinancingOn September 11, J&T Express announced that it had entered into financing agreements with several banks and financial institutions. The agreements include three loans: a USD 674 million (approximately RMB 4.797 billion) loan, a HKD 1.362 billion (approximately RMB 1.243 billion) loan, and a domestic and overseas RMB loan of approxima
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China Railway Materials and China Logistics Establish International Logistics Company; Major Boost for Overseas Warehouse 9810; Maersk's First Boeing 777F Maiden Flight
Release Date：2024.09.10 Cate：News1. China Railway Materials to Invest 15 Million RMB in a Joint Venture On September 10, China Railway Materials announced that the company, together with China Logistics Co., Ltd. and Qingdao SCO Holding Development Group Co., Ltd., will jointly invest in the establishment of Zhongwu SCO International Logistics Co., Ltd. The registered capital of the joint venture company is 50 million RMB, with C
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Official Announcement! For Big Ambitions, Choose a Big Warehouse – Xipost’s New Super Warehouse “WPPA2” is Now Operational
Release Date：2024.09.10 Cate：NewsWith the continuous wave of global trade, cross-border e-commerce is sweeping across the globe at an unprecedented pace. The market demand for medium and large-sized items such as furniture, home appliances, and fitness equipment is also growing rapidly. To meet this demand and help Chinese medium and large-sized goods reach international markets more efficiently, Xipost Logistics has officially l
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Latest Global Air and Sea Freight Market Report for September!
Release Date：2024.09.09 Cate：News1. Air Freight Market Global air cargo volumes in August slightly increased compared to the previous month and remained higher than the same period last year. Factors driving sustained demand growth include the boom in e-commerce, disruptions in sea freight, increased demand for general cargo driven by high-tech semiconductor needs, and a low base from the previous year. Despite mixed economic sig
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Breaking News! New Moves by SF Express and Cainiao Air Cargo! A Global Logistics Company Plans to Raise $10 Million in IPO!
Release Date：2024.09.09 Cate：News1. Cainiao and DPD Launch Two All-Cargo International Air Routes On September 9, it was reported that the inaugural ceremony for the Xi'an-Liège and Xi'an-Budapest all-cargo international air routes was held in Xixian New Area Airport New City. Liu Jun, Deputy Secretary of the Party Committee of the Airport New City Management Committee, Ren Wei, Deputy General Manager of Public Affairs a
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Mark Your Calendar for September 10! The 2024 Global Smart Logistics Summit is Coming!
Release Date：2024.09.06 Cate：NewsCurrently, with global economic restructuring, accelerated technological transformation, and significant geopolitical shifts, globalization has entered a new phase. How can we better adapt to and lead these trends amidst the restructuring of global supply chains? In this new wave of economic development, e-commerce and logistics supply chains continue to be powerful engines of innovation. As the h
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Amazon Ranked First in GMV in the First Half of the Year; TEMU Sparks New Price War; Northwest Cargo Airlines Launches New International Routes!
Release Date：2024.09.06 Cate：News1. Amazon Ranked First in GMV in the First Half of the YearOn September 6, according to public data compiled by Cross-Border Research, Amazon's Gross Merchandise Volume (GMV) for the first half of 2024 reached $350 billion, leading Shopify's $128.1 billion by a wide margin. Among China's four leading outbound e-commerce platforms, AliExpress and SHEIN both recorded GMVs of $30 billion;
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Top 25 Global Freight Forwarding Companies List Released; A Cross-Border Logistics Company Plans to List on Nasdaq; Pinduoduo and JD.com Among China's Best Brands for 2024
Release Date：2024.09.05 Cate：News1. Top 25 Global Freight Forwarding Companies List Released On September 5, Armstrong & Associates (A&A), a leading U.S. third-party logistics consulting company, released the top 25 global freight forwarding companies list. The ranking is based on the 2023 logistics companies’ total logistics revenue/turnover. The top ten companies are Kuehne+Nagel (1st), DHL (2nd), DSV (3rd), DB Schenk
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A Freight Forwarding Giant Officially Acquired; JD Global Sales Adds Three New Logistics Models; SF Holding Repurchases Shares Worth 1.56 Billion Yuan
Release Date：2024.09.04 Cate：News1. DP World Completes Acquisition of Jia Hong LogisticsOn September 4, it was reported that DP World has completed its acquisition of Hong Kong freight services provider Jia Hong Logistics to expand its retail and fashion logistics business and develop its air freight services. Before this acquisition, Jia Hong Shipping was wholly owned by Jia Hong Holdings, with Jia Hong Logistics being 75% owned
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Top 25 Global Air Cargo Companies List Released; Jiahe Logistics Completes CS Shipping Transaction; TEMU and SHEIN Handle Approximately 900,000 Parcels Daily in the U.S.
Release Date：2024.09.03 Cate：News1.Top 25 Global Air Cargo Companies List ReleasedOn September 3, it was reported that the IATA World Air Transport Statistics (WATS) released a report showing that in 2023, global demand measured in Cargo Tonne-Kilometres (CTKs) decreased by 1.7% compared to 2022 among the top 25 airlines, due to inflationary pressures reducing consumer spending. On the other hand, passenger airlines benefited fro
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SF Express Responds to Hong Kong IPO Progress; Amazon Experiences Warehouse Overload; China COSCO Shipping Corporation and Eastern Airlines Logistics Release 2024 Half-Year Reports
Release Date：2024.09.02 Cate：News1. SF Express Responds to Hong Kong IPO ProgressOn September 2, SF Express responded to the progress of its Hong Kong IPO. The company received approval from the China Securities Regulatory Commission (CSRC) at the end of May and resubmitted the A1 application to the Hong Kong Stock Exchange at the end of June, giving it some control over the timing. Due to the company's ample cash flow, the c
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Development of Cross-Border Direct Shipping Routes and Overseas Warehouses in Brazil
Release Date：2024.09.02 Cate：News1.Overview of the Development of Cross-Border Direct Shipping Routes in Brazil Before the launch of the Brazil cross-border Packet service under bilateral agreements, parcels bound for Brazil mainly utilized postal services under the UPU (Universal Postal Union) framework. This included services like China Post's ePacket, China Post Registered Airmail, and unregistered mail. Other postal servi
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SF Express Releases 2024 Semi-Annual Report; SHEIN Officially Enters the Market; Forward International's Data Increases by 236%
Release Date：2024.08.30 Cate：News1.SF Express Releases 2024 Semi-Annual Report On August 30, SF Express announced its semi-annual performance report for 2024. In the first half of 2024, SF Express achieved a revenue of RMB 134.41 billion, an increase of 8.08% year-on-year. Net profit attributable to shareholders was RMB 4.807 billion, up 15.10% year-on-year, with earnings per share reaching RMB 1.00, an increase of 16.28% year-on
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Jia You International's Net Profit Grows by 50% in the First Half of the Year; Kerry Logistics' Revenue Reaches HKD 25.4 Billion in the First Half; Amazon Plans to Accelerate Its Expansion in India
Release Date：2024.08.29 Cate：News1.Jia You International Discloses 2024 Semi-Annual Report On August 29, Jia You International disclosed its 2024 semi-annual report. During the reporting period, the company achieved a revenue of RMB 4.641 billion, a year-on-year increase of 65.27%. The net profit attributable to shareholders was RMB 759 million, up 50.74% year-on-year, while the net profit excluding non-recurring gains and losses
- 2024-12-20
- 2024-12-19
- 2024-12-18
