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2022 Amazon Prime Day set for July; world's first all-electric tanker commissioned in Japan
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Maersk's first-quarter volume decreased by 7%, and Amazon lost $3.8 billion in the first quarter!

05/05/2022
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Maersk's first-quarter volume decreased by 7%, and Amazon lost .8 billion in the first quarter!

1. Maersk’s first-quarter volume decreased by 7% , with revenue reaching $ 2.9 billion

On May 5, Maersk released its first-quarter 2022 financial report on May 4 . During the reporting period, the company's revenue rose 55% to $ 19.3 billion , earnings before interest, tax, depreciation and amortization (EBITDA) were $9.1 billion, and free cash flow increased to $6 billion, the data showed. In the first quarter of this year, Maersk's marine revenue increased by 64% to $15.6 billion, but volumes fell by 7%, and Maersk's logistics revenue increased by 41% compared with the same period last year to $2.9 billion.

At the same time, Maersk continued to invest to strengthen its technology and e-commerce logistics capabilities, including the successful completion of the acquisition of Pilot Freight Services , a US-based full-service and cross-border logistics solutions provider , on May 2 , 2022. In the terminal business, revenue in the first quarter increased to $ 1.1 billion from $ 915 million in the same period last year, with a record return on invested capital (ROIC) of 12.5% .

2. Amazon announces Prime Day will be held in July

On May 5, Amazon announced that the 2022 Amazon Prime Day will be held in July this year , and the event will cover more than 20 Amazon sites around the world. Including Chinese sellers, Amazon's global third-party sellers will send Amazon's more than 200 million Prime members around the world with great discounts covering various products.

It is reported that on April 28 , local time , Amazon released its first-quarter financial report. The report shows that Amazon’s total loss in the first quarter was $ 3.8 billion (about 25.1 billion yuan).

3. The cross-border cargo volume of the China-Laos railway exceeded 500,000 tons

On May 5, it was reported that the China-Laos Railway officially opened and operated for five months, and the cross-border cargo exceeded 500,000 tons.

At present, the China-Laos railway has added new cross-border e-commerce goods, cold chain fruits and other goods. The daily import and export of goods exceeds 5,000 tons. The categories have expanded from chemical fertilizers and department stores to more than 100 kinds of electronics, photovoltaics, automobiles, etc. Among them, food The class growth rate exceeded 50% , covering nearly 10 countries and regions such as Thailand and Myanmar.

4. Amazon US will increase multi-channel delivery fees

On May 5, Amazon.com announced that starting from May 9 , 2022 , Amazon will adjust the multi-channel delivery fee of the US station to ensure that the multi-channel delivery fee is competitive with other third-party logistics providers .

A surcharge will apply to orders in Hawaii, Puerto Rico, U.S. Virgin Islands and Alaska starting August 1 . To help support seller business growth, Amazon has made significant improvements to its fulfillment and delivery network since the COVID-19 outbreak, Amazon said. Thanks to improvement time after time, Amazon has a 97% on-time delivery rate .

5. PIL orders 6 more container ships

On May 5, Singapore-based Pacific Shipping ( PIL ) plans to order at least six more 8,000TEU dual-fuel LNG -powered container ships.

According to shipbuilders, PIL has contacted three shipyards: Waigaoqiao Shipbuilding, Yangzijiang Shipbuilding Industry, and South Korea’s Samsung Heavy Industries. Considering that Yangzijiang Shipbuilding only provides B -type storage tanks, while PIL prefers GTT Mark III membrane tanks, Waigaoqiao Shipbuilding seems more likely to win the order. Separately, in March this year , PIL announced that it had signed a contract with Jiangnan Shipyard to build four 14,000 TEU containerships. If calculated at a cost of US$ 120 million per ship, this also means that PIL , which is well-funded, will invest more than US$ 720 million to order new ships.

6. The net profit of COSCO SHIPPING listed companies in the first quarter of 2022 is 27.617 billion yuan

It was reported on May 5 that in the first quarter of 2022 , COSCO SHIPPING Holdings ( /1919.HK ) realized a net profit attributable to shareholders of the listed company of RMB 27.617 billion, a year-on- year increase of RMB 12.165 billion, a year-on-year increase of 78.73% . The basic earnings per share was RMB 1.72 per share .

It is reported that in the first quarter of 2022, COSCO SHIPPING Ports ( 1199.HK ) achieved revenue of US$ 330 million, a year-on-year increase of 24.2% . The gross profit was US$ 80.84 million, a year-on-year increase of 30.5% .

7. Kogan Q1 sales fell 3.8% to $ 262 million

On May 5, the Australian e-commerce platform Kogan released its results for the first quarter of 2022 and the third quarter of the 21/22 fiscal year. The report showed that the business fell into the red as consumer demand waned. That sent Kogan's shares to a three-year low.

Overall sales at Kogan have slowed in the first three months of the year, falling 3.8% to $ 262.1 million , the data showed . As of March 31 , 2022 , its active customers grew to 4.1 million, up 3.6% year over year , while adjusted EBITDA lost $ 800,000 .

END

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

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