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Indonesian logistics giant J&T turns first profit in China, making up bulk of its revenue, despite price war

J&T Global Express made US$58.8 million in gross profit in China while fending off fierce competition from SF Express, STO Express and YTO Express.

China s drone industry crosses US$14-billion mark in annual output in 2022 amid local market expansion into low-altitude logistics

That growth underscores the industry’s resilience in the face of US trade sanctions, which included the blacklisting of consumer drone giant DJI last year.

China s e-commerce market sees at least 89 platforms close in 2022 amid Covid-19 controls, fierce competition, weak spending

Chinese express increases volumes in July

Chinese air express carriers saw increased parcel volume in July, continuing a trend of growth driven primarily by rising e-commerce shipments. China’s parcel volume for July totaled 9.6 billion, an 8% year-over-year increase, averaging about 311 million parcels per day for the month, China’s State Post Bureau reported. Meanwhile, the gross merchandise value of online

Need for speed: Asian express networks and the rise of e-commerce

Express airfreight volumes, strengthened by e-commerce shipments, are expected to outgrow general air cargo volumes by 2041. Pre-pandemic express volumes accounted for roughly 17% of overall cargo volumes, Airbus recently reported in its Global Market Forecast 2022 (GMF22) published in July. However, by 2041, express shipments are forecasted to account for 25% of overall volumes.

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