1. Evergreen Shipping’s net profit in the first three quarters was 304.35 billion

On November 16th, Taiwan Evergreen Shipping released its financial report for the first three quarters. According to financial report data, in the first three quarters of this year, Evergreen Shipping earned more than 100 billion yuan in each quarter. The net profit after tax in the first quarter was NT$101.359 billion, and it reached NT$102.293 billion in the second quarter. The quarterly net profit after tax of sea freight reached NT$100.698 billion (approximately RMB 22.600 billion), an increase of 26% year-on-year, the third highest in a single quarter in history. The cumulative net profit after tax in the first three quarters was NT$304.35 billion (approximately RMB 68.306 billion), an annual increase of 92.28%.

Source: Maritime Service Network

2. AliExpress spends $7 million to enter the South Korean market

According to news on November 16, AliExpress, an international e-commerce company under Alibaba, said in an interview with the media that it has invested 10 billion won (US$7 million) in the Korean market this year.

According to AliExpress, the company launched a three- to five-day delivery service in South Korea last year, allowing Korean users to buy products (especially fashion products) from Taobao. Investing tens of billions in South Korea this year aims to reduce product prices and open up the Korean market. According to TDI, an independent data analysis company based in Seoul, the number of AliExpress app users in South Korea increased by 22% from January to September this year, and AliExpress' monthly active users in South Korea reached a record 2.72 million in September.

Source: CNBC

3. On Double 11, China Southern Airlines Logistics transported more than 28,000 tons of domestic and foreign cargo

According to news on November 16, China Southern Airlines Logistics carried over 28,000 tons of domestic and foreign goods during the Double 11 period. Among them, international goods came from online shopping platforms such as Tmall International, JD.com, and Amazon. Relying on China Southern Airlines' rich route network resources, e-commerce goodies such as northwest beef and mutton, southern seafood, fruits from all over the world, electronic products, etc. are delivered to thousands of households safely and quickly.

Source: Global Air Cargo

4Evergreen Shipping's net profit in the first three quarters was 304.35 billion

On November 16th, Taiwan Evergreen Shipping released its financial report for the first three quarters. According to financial report data, in the first three quarters of this year, Evergreen Shipping earned more than 100 billion yuan in each quarter. The net profit after tax in the first quarter was NT$101.359 billion, and it reached NT$102.293 billion in the second quarter. The quarterly net profit after tax of sea freight reached NT$100.698 billion (approximately RMB 22.600 billion), an increase of 26% year-on-year, the third highest in a single quarter in history. The cumulative net profit after tax in the first three quarters was NT$304.35 billion (approximately RMB 68.306 billion), an annual increase of 92.28%.

Source: Maritime Service Network

5. AliExpress spends $7 million to enter the South Korean market

According to news on November 16, AliExpress, an international e-commerce company under Alibaba, said in an interview with the media that it has invested 10 billion won (US$7 million) in the Korean market this year.

According to AliExpress, the company launched a three- to five-day delivery service in South Korea last year, allowing Korean users to buy products (especially fashion products) from Taobao. Investing tens of billions in South Korea this year aims to reduce product prices and open up the Korean market. According to TDI, an independent data analysis company based in Seoul, the number of AliExpress app users in South Korea increased by 22% from January to September this year, and AliExpress' monthly active users in South Korea reached a record 2.72 million in September.

Source: CNBC

6. On Double 11, China Southern Logistics transported more than 28,000 tons of domestic and foreign cargo

According to news on November 16, China Southern Airlines Logistics carried over 28,000 tons of domestic and foreign goods during the Double 11 period. Among them, international goods came from online shopping platforms such as Tmall International, JD.com, and Amazon. Relying on China Southern Airlines' rich route network resources, e-commerce goodies such as northwest beef and mutton, southern seafood, fruits from all over the world, electronic products, etc. are delivered to thousands of households safely and quickly.

Source: Global Air Cargo

7. Boeing will convert two Alaska Airlines planes into cargo

On November 16th, Alaska Air Cargo announced that Boeing will refit two Boeing 737-800 aircraft in Alaska Airlines' existing passenger fleet. The specific "passenger to cargo" work will be carried out in Cooperativa Autogestionaria de Servicios Aeroindustriales (COOPESA) in Costa Rica completed. The two aircraft are scheduled to be converted from passenger configuration to 737-800BCF freighter aircraft starting in 2023, with the conversion of the last aircraft expected to be completed in early 2024.

Source: Air Cargo News

8. FedEx launches new gateway in Incheon, South Korea

On November 16, FedEx Express opened a new gateway at Incheon International Airport, thereby strengthening support for South Korea's cross-border trade, e-commerce growth and pharmaceutical logistics.

The FedEx Gateway covers an area of ​​23,395 square meters, more than twice the size of the previous facility, equipped with 78 conveyor belts and an advanced automatic sorting system that can sort 12,000 packages per hour, twice the previous sorting capacity. It also includes a 15,207-square-meter warehouse that can store up to 40,000 parcels.

The new facility has 31 weekly flights, connecting Korea to more than 220 countries and regions through the FedEx global network.

Source: FedEx

9. The volume of sea-rail combined transport containers in Ningbo Zhoushan Port increased by 25%

On November 16th, according to the public data on the website of Zhejiang Provincial Port and Shipping Management Center, from January to October this year, Ningbo Zhoushan Port completed a cargo throughput of 1,061.992 million tons, a year-on- year increase of 3.3%; completed container throughput of 28.895 million TEUs, a year-on-year increase. 8.1%; the volume of sea-rail combined transport containers increased by 25% year-on-year.

As of the end of October, Ningbo Zhoushan Port has added 14 new container routes this year, bringing the total number of routes to 301, including 146 ocean routes. The number of sea-rail combined transport trains has increased to 22, covering 16 provinces and cities (autonomous regions) and 63 prefecture-level cities, providing a strong logistics guarantee for serving the development of domestic and foreign trade enterprises.

Source: China Aviation Weekly

END

Official account: Bai Xiaosheng, cross-border e-commerce logistics