Sf Express News Today

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.

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.

A number of the platforms that closed shop last year were once backed or funded by Chinese e-commerce giants like Alibaba and JD.com.

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

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.

Express market growth has traditionally outpaced overall air cargo market growth. In the 20 years prior to 2019 air express grew more than 2.5 times the rate of the overall air cargo market and increased its share of traffic from 9% to 19%. Express did well throughout the pandemic, with international express growing at 9%

More than 80 percent of first round government-approved white list companies have resumed operations

E-commerce platform HKTVmall struggles to make deliveries as workers test positive for coronavirus, placed in quarantine.

YTO Cargo Airlines will soon receive its first widebody freighter after conversion with Israel Aerospace Industries (IAI). The 2003-vintage 767-300BDSF (33423, ex-Air Canada) with Pratt & Whitney PW4060 engines arrived at the IAI facility in Tel Aviv (TLV) in late March and made its first test flight today. The two 767s had been parked in […]

S.F. Holding, operator of SF Express, set to raise up to US$345 million from listing of Reit logistics assets in Hong Kong SF Reit will sell 520 million units in a range of HK$4.68 to HK$5.16 each, with trading set to start on May 17 on Hong Kong stock exchange Shenzhen-listed S.F. Holding, which operates SF Express, is injecting three logistics centres worth HK$6.1 billion into SF Reit