1. DP World announces the construction of a large warehouse in London
On September 22, DP World announced that it has begun construction of a 119,000-square-foot warehouse in its London Gateway Logistics Park. While the development is speculative, DP World says it has developed rapidly due to customer demand and expects the warehouse to be completed by the third quarter of 2023. The development is targeting a 30% reduction in carbon emissions during construction and a 40% reduction in operational carbon emissions.
2. HMM and CEVA Logistics signed a multi-year cooperation agreement
On September 22, South Korean shipping company HMM and French logistics company CEVA Logistics signed an agreement that is expected to strengthen and expand the relationship between the two companies and increase the level of cooperation. The multi-year agreement, which runs until 2025, builds on the existing relationship between the two parties and brings CEVA's network of strategic marine partners to 14 global and regional operators.
3. Caribbean Air Cargo joins WebCargo
Caribbean Air Cargo is the latest airline to offer real-time air cargo pricing and booking services on WebCargo, the global cargo booking platform. The launch will provide instant e-booking services to more than 10,000 freight forwarders using the WebCargo platform to destinations in the Caribbean and North America. So far, Caribbean Airlines' freight rates have been through WebCargo and 7LFreight's air freight rate management and quoting tools. With this shift, Freightos said, forwarders can capture and book spot prices in seconds, ensuring accurate pricing and bookings based on the airline's actual capacity.
4. Yuancang Overseas Warehouse, a cross-border logistics and warehousing service provider in Southeast Asia, completed the angel round of financing
It was reported on September 22 that Yuancang Overseas Warehouse, a cross-border logistics and warehousing service provider in Southeast Asia, announced the completion of an angel round of financing. This round of financing was invested by Xianfeng Capital, and Shanhe Capital served as the exclusive financial advisor. It is understood that this round of financing funds will be used for warehousing and logistics construction, system research and development, sales and company operations.
Yuancang Overseas Warehouse was established in 2022 and is headquartered in Shenzhen. The core team is the former general manager of logistics warehousing, supply chain, R&D and financial business lines of the listed company Youkeshu Technology Group. It is understood that Yuancang overseas warehouse mainly provides integrated warehousing and logistics services and value-added services such as return and exchange and after-sales maintenance for online sellers in Southeast Asia. Docking of mainstream e-commerce platforms in Southeast Asia such as TikTok.
5. eBay announces new USPS rates
On September 22, eBay announced that it is offering cheaper USPS Priority Mail rates for sellers who print shipping labels through its eBay Labels program. Starting September 26, the new rates for specific weights and regions will be "$1.02 less than commercial pricing." This suggests it may be the same rate as rival Etsy USPS.
6. Walmart and TikTok and other companies have joined forces to help sellers drain traffic during peak seasons
Walmart’s advertising platform , Walmart Connect, has entered into new partnerships with TikTok, Snapchat, Firework, TalkShopLive and Roku. Through this partnership, Walmart will provide merchants with social, social, "Test and Learn" opportunities for entertainment, TV and live online.
7. DHL Express expands UK B2C delivery via post office
On September 22, the UK Post Office (the Post Office) has reached an agreement with DHL Express to open its postal branches to DHL, allowing DHL to send parcels directly to Post Office branches, and to use the branches as part of the DHL service point network. The partnership will be trialled at Post Offices in Northern Ireland and will be rolled out to more than 1,000 Post Office branches across the UK next year. The UK Post Office said the aim of the partnership is to provide UK consumers with a safe and convenient location to pick up their parcels.
DHL Express currently has 1,300 service points across the UK, while the Post Office has more than 11,500 branches, around 4,000 of which are open seven days a week.
8. Amazon pulls back on air cargo expansion
It was reported on September 22 that the growth rate of Amazon’s air cargo business recently hit a new low since the epidemic, which shows from another aspect that the e-commerce giant is actively adjusting and adapting to the increasingly sluggish online shopping demand. According to the latest report released by the Chadick Urban Development Institute of DePaul University in the United States, at the beginning of this month, Amazon Air's cargo planes flew 194 times a day. From March to August, Amazon Air's total flight volume That was only a 3.8% increase, the slowest rate for Amazon's cargo flights. The researchers said Amazon Air now has 88 Boeing 767 midsize wide-body jets and 737-800 standard freighters in its fleet, about the same as in the spring, to The previously estimated 100 planes will not be reached by the end of this year. However, Amazon officials have not commented on this report.
Official account: Bai Xiaosheng, cross-border e-commerce logistics