📌Logistics Highlights: Evictions, Collaborations, Peak Season Prep, Flights Schedule Updates and Production Adjustments

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The concept of "dark stores" has gained popularity in recent years. These are traditional retail stores that have been converted into fulfillment centers dedicated solely to online order fulfillment. Dark stores help retailers meet the rising demand for e-commerce by enabling faster and more efficient packing and shipping processes, ultimately enhancing the customer experience in the digital shopping landscape.

Hong Kong, China

🔹Can Hong Kong logistics firms survive eviction?

☑ Uncertain future as government takes back New Territories brownfield sites Hundreds of operators forced out of sites in New Territories to make way for development, but government only offering financial compensation, not relocation Push towards value-added logistics industry, including areas such as financing and marketing, also leaves some traditional players saying they may have to close down

🔹Kerry Logistics teams up with EC Healthcare to provide integrated medical logistics management services

☑ Kerry Logistics Network Limited (‘Kerry Logistics Network’, ‘KLN’) has entered into a strategic cooperation agreement with EC Healthcare, Hong Kong’s largest publicly listed non-hospital medical service provider, to provide a comprehensive suite of integrated medical logistics management services. The companies held an agreement signing ceremony in Hong Kong on 24 November 2023.

 Shenzhen, China

🔹Logistics firm gears for peak seasons

☑ JD Logistics (2618) said it will adjust the number of delivery centers and employees in Hong Kong according to demand, and prioritize hiring local residents. ☑ The logistic unit of JD.com (9618) will also hire more riders to expand its team in Hong Kong and Macau with over 100 employees, to meet the upcoming peak sales seasons of Singles Day and Christmas.

☑ The enhanced delivery network will offer faster intra-city express delivery in Hong Kong and Macau as well as express delivery among Hong Kong, Macau and the mainland.

Guangzhou, China

🔹ZPMC Introduces 14 New Products and Technologies at 2023 Smart Equipment & Technology Forum

☑ The highly anticipated 2023 ZPMC Smart Equipment and Technology Forum was held in Guangzhou. The event drew participation from over 400 experts in the field of port equipment and offshore engineering from 36 countries and regions to explore the development trend of high-end, smart and green equipment manufacturing in the port shipping and offshore industries.

Shanghai, China

🔹QLD SECURES FLIGHTS AND CARGO CAPACITY TO SHANGHAI

☑ QUEENSLAND and China Eastern Airlines have locked in direct seasonal flights from Shanghai to Cairns to boost air cargo and export opportunities for the state’s far north. ☑ Queensland premier Annastacia Palaszczuk signed the deal with the airline during a “trade mission” to China. Ten flights scheduled to operate between 1 February and 18 February, four times a week on Tuesday, Wednesday, Friday and Sunday. ☑ The seasonal flights align with the 2024 Chinese New Year period, when Chinese visitors are expected to travel to Queensland. Ms Palaszczuk said every flight would leave filled with cargo, including local produce.

Tianjin, China

🔹Toyota partially halts output at Tianjin plant in China

☑ TOKYO, Dec 1 (Reuters) - Japan's Toyota Motor is partially suspending production at its plant in Tianjin, China, the Jiji news service reported on Friday. The suspension is part of a major production adjustment in response to weak sales of gasoline-engine cars

🔹Volkswagen begins high-voltage battery system production at VWAC plant in China

☑ The Volkswagen Group’s first 100% owned battery system plant in China, Volkswagen Anhui Components Co. (VWAC), has started production of its first high-voltage battery system, which it states is a crucial component for the production of its modular electric drive matrix (MEB) electric vehicles. As the latest milestone in the VW’s strategic development of Hefei, Anhui, as a high-tech intelligent connected vehicles (ICV) hub, it marks another major achievement for the Group’s ‘In China, for China’ strategy.

Qingdao, China

🔹Jayud Enters into Strategic Partnership with Shandong Oranda Logistics

☑ Jayud Global Logistics Limited, a leading end-to-end supply chain solution provider based in Shenzhen, specializing in cross-border logistics, today announced a Strategic partnership between Jayud and Shandong Oranda Logistics Co., Ltd. This partnership will combine Jayud's expertise in cross-border logistics with Oranda's robust international logistics network, enhancing both companies' capabilities in sea, air, and land transportation, reporting, warehousing, and supply chain management through shared resources and expertise.

Vietnam

🔹Striving to become a national logistics hub Hai Phong continues investment in port facilities

☑ Hải Phòng aims to compete with foreign businesses by providing high-quality seaport services.

☑ The northern port city seeks to enhance cooperation with the Port Authority of New York and New Jersey, positioning itself as a pivotal connection point between the Atlantic and Pacific Oceans.

South Korea

🔹Korean Air Cargo Signs SAF-Related MOU with LX Pantos

☑ Korean Air recently signed a memorandum of understanding (MOU) with LX Pantos to expand the use of sustainable aviation fuel (SAF) on cargo flights.

As part of the MOU, LX Pantos has become the inaugural partner of Korean Air's new air cargo SAF program that enables customers and forwarders to make customized contributions to reduce their carbon footprint. LX Pantos will purchase SAF for Korean Air’s cargo operations, and Korean Air will share the amount of carbon emissions reduced accordingly.

America

🔹Amazon is using AI to deliver packages faster than ever this holiday season

☑ With the holiday shopping rush in full swing this Cyber Monday, more than 71 million consumers are expected to grab online deals, making it one of the busiest days for e-commerce giants like Amazon. To help manage the rush, the company is using artificial intelligence — AI — to offer customers even faster deliveries. Amazon is boasting its quickest delivery time yet, saying that packages are being prepared for dispatch within 11 minutes of an order placement at same-day facilities. That pace is an hour faster than next-day or two-day centers.

🔹Amazon becomes biggest delivery business in the US

☑ Amazon.com has grabbed the crown of biggest delivery business in the U.S., surpassing both UPS and FedEx in parcel volumes. The Seattle e-commerce giant delivered more packages to U.S. homes in 2022 than UPS, after eclipsing FedEx in 2020, and it is on track to widen the gap this year, according to internal Amazon data and people familiar with the matter. The U.S. Postal Service is still the biggest parcel service by volume; it handles hundreds of millions of packages for all three companies.

 Bangladesh

🔹 BIDA-Novo Freight Logistics MoU to expand Bangladesh trade, investment The Bangladesh Investment Development Authority and Novo Freight Logistics Ltd. have signed an MoU to expand trade and investment in the country. The MoU will attract domestic and foreign investors, offer better investment services, coordinate between domestic and foreign investors, offer investment guidelines and expand logistics cooperation for investors.

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