News
China's logistics contributes to the construction of the new land-sea corridor in the western region
On April 26, the Chengdu Chengxiang Station to Shenzhen Pinghu South Railway Station express container train organized by China Railway Materials Co., Ltd., a subsidiary of China Logistics, and Sichuan Province Southbound Operation Platform - Sichuan Land-Sea New Channel Development Co., Ltd. was officially opened, marking the realization of four two-way freight container trains per week between Chengdu and Shenzhen. The train is loaded with liquor, food, clothing, small household appliances and other products produced in Sichuan to the Guangdong-Hong Kong-Macao Greater Bay Area, with a full transportation time of less than 40 hours, and the cost of single-box transportation is reduced by more than 40% compared with the previous transportation mode, which effectively promotes the in-depth interaction between the western resource products and the open market of the Guangdong-Hong Kong-Macao Greater Bay Area, and boosts the organic integration and coordinated development of the Chengdu-Chongqing Shuangcheng Economic Circle and the Guangdong-Hong Kong-Macao Greater Bay Area.
News
JD Logistics will cooperate with Kashgar to build a 5G smart logistics port
On April 24, Yao Ning, member of the Kashgar Prefectural Party Committee and Secretary of the Kashgar Municipal Party Committee, led a team to visit the headquarters of Jingdong in Beijing and signed a comprehensive cooperation agreement with Jingdong Logistics. This time, JD Logistics and Kashgar City further deepen strategic cooperation, and the Kashgar Smart Logistics Port jointly cooperated by the two parties will deploy industry-leading automation equipment such as Sky Wolf, Earth Wolf, and Automatic Distribution Wall independently developed by JD Logistics to help park staff greatly improve storage and warehousing efficiency, reduce work intensity and operating costs. At the same time, the deployment of modern warehousing and logistics management systems such as JD Logistics Intelligent Warehouse Execution System (WES), Intelligent Warehouse Control System (WCS), Supply Chain Order Collaboration Platform OSCC, Intelligent Park Management Platform, Intelligent Cold Chain Management Platform, and 5G network will help the park achieve remote management and intelligent decision-making, and effectively improve management efficiency.
The implementation of the smart logistics port is expected to improve the timeliness of e-commerce logistics in Kashgar and surrounding areas by more than 1 day, greatly improve the shopping experience of local consumers and the service level of merchants, and will also shorten the long-distance freight process of trade customers in Central Asia and South Asia, and the timeliness of international orders can be reached in 3 days at the earliest. With the in-depth promotion and continuous improvement of the project, Kashgar's unique location and resource advantages will be further developed, and the power and vitality of opening up to the west will be continuously released. (Source: The Paper)
News
Meituan plans to launch KeeTa, an international food delivery platform in Saudi Arabia
On April 26, Meituan plans to launch its international food delivery platform in Riyadh, the capital of Saudi Arabia, marking the company's first expansion outside of Greater China. It is understood that Meituan's food delivery platform will be launched with the KeeTa app as the carrier, and Riyadh will become the app's first stop in the Middle East.
According to people familiar with the matter, Meituan has been exploring the Middle East market for several months. Meituan aims to officially launch the KeeTa app in the Middle East in the coming months, they said. At the moment, the exact timing of the rollout has not yet been confirmed, but it is expected to happen as early as the next few months. (Source: Viewpoint.com)
News
J&T released its first ESG report
On April 24, J&T Express released its first Environmental, Social and Governance (ESG) report. According to the report, J&T actively practices green and low-carbon development, covering the whole link from collection, transit, delivery and final packaging recycling. J&T promotes the use of degradable packaging materials, electronic face sheets, recycling boxes, recycling bags and other green packaging, and sets up packaging recycling devices to reduce the impact of packaging on the environment. By the end of 2023, a total of about 25.6 million recycled transfer bags have been put into circulation, and the cumulative number of recycling times has exceeded 1,100.8 million.
In terms of green transportation, J&T has established a four-in-one green transportation mode of line fuel consumption management, transportation structure optimization, energy structure optimization, and driver energy-saving training, and promoted energy conservation and transportation energy structure transformation. In 2023, J&T will introduce 150 LNG vehicles and enable 63 intelligent driving vehicles for trunk transportation.
In addition, J&T actively promotes express delivery into villages and rural education in China, opens a special agricultural express line, covering more than 220,000 villages, and cooperates with a number of public welfare organizations to provide material support for rural schools in remote areas. (Source: China Economic Net)
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YTO Express's revenue in 2023 will be 57.684 billion yuan, a year-on-year increase of 7.74%
On April 25, YTO Express disclosed its 2023 annual report and 2024 first quarter report. According to the report, in 2023, the company will achieve revenue of 57.684 billion yuan, a year-on-year increase of 7.74%, and a net profit attributable to shareholders of listed companies of 3.723 billion yuan, a year-on-year decrease of 5.03%. In the first quarter of this year, the company achieved revenue of 15.427 billion yuan, a year-on-year increase of 19.46%, and a net profit attributable to shareholders of listed companies of 943 million yuan, a year-on-year increase of 4.14%.
According to the data, from 2021 to 2023, the business volume of YTO Express will be 16.543 billion, 17.479 billion, and 21.204 billion respectively, and the business scale will grow steadily. Among them, the company's business volume will increase by 21.31% year-on-year in 2023, exceeding the industry average growth rate by 1.9 percentage points.
News
Shentong Express's business volume in 2023 will reach 17.5 billion pieces, a year-on-year increase of 35.23%
On April 24, Shentong Express released its 2023 annual report and 2024 first quarter report. According to the report, the annual business volume of Shentong Express in 2023 will be 17.507 billion pieces, a year-on-year increase of 35.23%, 15.8 percentage points higher than the industry growth rate, the annual revenue will be 40.924 billion yuan, a year-on-year increase of 21.54%, the market share will reach 13.26%, an increase of 1.55 percentage points year-on-year, and the net profit attributable to the parent company will be 341 million yuan, a year-on-year increase of 18.41%. In the first quarter of 2024, the company achieved revenue of 10.132 billion yuan, a year-on-year increase of 15.87%, and net profit of 190 million yuan, a year-on-year increase of 43.2%.
Shentong Express said that on the basis of maintaining a reasonable growth rate of profits, the growth of business volume led the way, and the growth rate far exceeded the industry level. On the one hand, the company continues to promote digital and intelligent transformation, helps improve refined management capabilities, and empowers grassroots outlets to improve their service levels, and on the other hand, the company continues to focus on building China's leading economic express delivery, continuously improving service capabilities and customer experience, and has won more recognition.
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Debang's revenue in the first quarter was 9.295 billion yuan, a year-on-year increase of 25.31%
On April 26, Debang Co., Ltd. released its 2023 annual report and 2024 first quarter report, showing its strong business resilience and development potential. In 2023, Deppon will continue to deepen the field of large-scale distribution and improve the construction of large-scale matching system, with revenue of 36.279 billion yuan, a year-on-year increase of 15.57%, net profit attributable to the parent company of 746 million yuan, a year-on-year increase of 13.32%, and net profit excluding the impact of fair value change gains and losses of current financial assets of 838 million yuan. In the first quarter of 2024, the company continued the growth trend of last year, with a gradual stabilization of fundamentals, with revenue reaching 9.295 billion yuan, a year-on-year increase of 25.31%, and net profit attributable to the parent company reaching 93 million yuan, a year-on-year increase of 27.74%.
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China Eastern Airlines Logistics will achieve a net profit of 2.488 billion yuan in 2023
On April 25, China Eastern Air Logistics Co., Ltd. released its 2023 annual report. According to the report, China Eastern Airlines Logistics achieved revenue of 20.621 billion yuan, a year-on-year decrease of 12.14%, and a net profit of 2.488 billion yuan, a year-on-year decrease of 31.58%. Regarding the decline in performance in 2023, China Eastern Airlines Logistics said that the main reason is that the air cargo market has gradually returned to the new normal stage, and the freight rate has fallen sharply year-on-year.
News
Xiamen Xiangyu will achieve revenue of 459.035 billion yuan in 2023
On April 23, Xiamen Xiangyu Co., Ltd. released its 2023 performance report. According to the report, in 2023, the company will achieve revenue of 459.035 billion yuan, net profit attributable to the parent company of 1.574 billion yuan, and the operating volume will exceed 2,251.5 billion tons during the year, a year-on-year increase of 13.74%.
As one of the representatives of bulk supply chain enterprises, Xiamen Xiangyu has benefited from the timely adjustment of the business philosophy and business strategy of "long-termism", and the overall performance of the company's business fundamentals is relatively stable. At the same time, grasping the historic development opportunity of accelerating the reshaping of the industry pattern, concentrating market share on leading enterprises and accelerating the internationalization of the supply chain, Xiamen Xiangyu continued to iterate the service model, improve service capabilities, improve risk management and control, accelerate the seizure of the market highland, and realized the contrarian growth of bulk commodity business volume and market share.
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Transfar Zhilian will achieve revenue of 33.578 billion yuan in 2023
On April 22, Transfar Zhilian released its 2023 annual report. According to the report, the company achieved operating income of 33.578 billion yuan last year and net profit attributable to shareholders of listed companies of 591 million yuan.
As the pioneer of the "highway port" model, Transfar Zhilian has the largest highway port infrastructure network in China, and plays an important role in the country's promotion of logistics hub layout and construction planning. As of the end of the reporting period, the company had a total of 73 highway ports across the country, of which 9 were under construction or in preparation, and 64 were put into operation, with an area of 13,589,500 square meters of land rights certificates and an operating area of 5,677,800 square meters. The annual turnover of the platform was 61.5 billion yuan, and the tax payment was 1.696 billion yuan.
For the future planning, Transfar Zhilian said that in the future, the company will continue to take the pursuit of high-quality development as the first principle, comprehensively focus on the strategic advantages centered on the highway port, deepen and thoroughly manage assets, refine and strengthen product management, empower the highway port with digital technology to improve quality and efficiency, and continue to comprehensively promote the development of new quality productivity.
News
Hainan UAV public freight logistics to achieve cross-sea flight
On April 24, a drone took off from Haikou Jiazi Airport and took 3 hours to successfully deliver a batch of shrimp seedlings to Zhuhai Lianzhou Airport. This flight is the first time that Hainan has realized the cross-sea flight of UAV public freight logistics between Qiong and Guangdong, and will vigorously promote the development of low-altitude economy in Qiong and Guangdong.
On the same day, Hainan and Guangdong held the first flight ceremony of the cross-sea flight of UAV public freight logistics. It is understood that Hainan is the country's first batch of low-altitude airspace management reform pilot areas, the first batch of airspace fine management reform pilot areas, more than 300 days of navigation flight days per year, in the general aviation trade, commercial short-distance transportation, low-altitude tourism consumption, marine economic development and other aspects of the development potential is huge. The realization of the cross-sea flight of UAV public freight logistics between Qiong and Guangdong will greatly improve the transportation efficiency of agricultural products in the two places and reduce logistics costs. (Source: People's Daily)
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The Civil Aviation Administration of China (CAAC) issued an assessment report: adjusting the planning target for air cargo and mail traffic in 2025
(Picture from the Internet)
A few days ago, the Civil Aviation Administration of China issued the "14th Five-Year Plan" air logistics development special plan mid-term assessment report (hereinafter referred to as the "evaluation report"), systematically sorted out the "14th Five-Year Plan" air logistics development special plan (hereinafter referred to as the "plan") implementation of the main target indicators, key tasks, key projects and other progress, analysis of problems, research and judgment of the situation, put forward to further promote the implementation of the "plan" suggestions and measures. After evaluation, in the first half of the "14th Five-Year Plan", the whole industry has completed the main goals and key tasks determined by the "Plan", and the main goals are generally in line with expectations.
The Assessment Report recommends that, in accordance with the adjustment arrangements of the relevant indicators of the 14th Five-Year Plan for Civil Aviation Development, the planning target for air cargo and mail transportation in 2025 will be lowered from 9.5 million tons to 8 million tons, of which the international air cargo and mail traffic volume will be reduced from 3.3 million tons to 3.1 million tons, the air cargo and mail turnover will be reduced from 34.5 billion ton-kilometers to 31.5 billion ton-kilometers, of which the international air cargo and mail turnover will be reduced from 25.1 billion ton-kilometers to 23.5 billion ton-kilometers, and the full cargo load factor will be reduced from 80% to 75% The daily utilization rate of all freighters has been adjusted from 6 hours/day to 5.5 hours/day, and other planning targets have not been adjusted. (Source: CCTV News)