UPS has launched a new route between Paris and Hong Kong to cater to the growing export demand from French businesses, particularly in wine and food products, which represent over 20% of its market. With increasing demand for complex pharmaceutical treatments and a booming luxury fashion market in Hong Kong, French companies are turning to outsourcing opportunities there. UPS aims to enhance service reliability for these businesses, while also reporting a slight increase in fourth-quarter revenues and plans to reduce its dependence on Amazon by offloading half of its business with the e-commerce giant.
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EXTRANS GLOBAL - Weekly Logistics Operation Update - Week 08 -2025
📌Weekly Logistics Highlights:
The news highlights this week include:Vietnam launches major railway project, Korean Air reports strong fourth-quarter profits, new air cargo route enhances regional trade connections in Myanmar...
Hong Kong, China
🔹UPS Expands Paris-Hong Kong Route to Support French Exports Amid Growing Market Demand
Shenzhen, China
🔹Shenzhen Launches China's First Air-Ground Collaborative Logistics Center to Boost Low-Altitude Economy
Guangzhou, China
🔹Guangzhou Marks Milestone with Delivery of 100th Converted Aircraft, Boosting Aviation Industry Growth
Guangzhou Aircraft Maintenance Engineering Company, in partnership with Boeing, has delivered the world's 100th 767-300BCF passenger-to-freight conversion aircraft to SF Airlines, marking a significant achievement for the Guangzhou Airport Economic Zone. In 2024, the local aviation maintenance industry reported a production value of 5.988 billion yuan, growing 23.5% year-on-year, as the zone focuses on enhancing its aviation sector and fostering collaboration with related industries to drive economic growth.
Shanghai, China
🔹Global Aviation Law Experts Convene in Shanghai for IATA's 2025 World Legal Symposium
Tianjin, China
🔹Tianjin Selected as a Pilot for Open Logistics Data Interconnection
Qingdao, China
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Vietnam
🔹Vietnam Launches Major Railway Project to Strengthen Trade Connectivity with China
Vietnam's National Assembly has approved an $8.37 billion investment for the Lao Cai-Hanoi-Hai Phong railway project, which will connect the northern port city of Hai Phong to Lao Cai near China's Yunnan Province. Construction is set to begin by the end of the year, with completion expected between 2026 and 2030, and the railway will serve both passengers and cargo, enhancing trade between Vietnam and China and improving logistics efficiency. The project is seen as a significant step in strengthening connectivity in the region and is part of the broader Pan-Asia Railway network, which aims to integrate transportation across Southeast Asia and facilitate deeper trade relations.
South Korea
🔹Korean Air Reports Strong Q4 Profit Driven by Cargo Demand
Korean Air has reported a net profit of 283.3 billion won (approximately $196 million) in the fourth quarter, a significant turnaround from a net loss of 234.6 billion won a year earlier, largely due to robust cargo demand. The airline's operating profit soared by 159% year-on-year to 476.5 billion won, while total sales increased by 1% to 4.03 trillion won, marking the third consecutive quarter of revenue exceeding 4 trillion won. Despite a 3% decline in passenger sales, the strong performance is attributed to increased air cargo driven by the Chinese e-commerce market and a year-end consumption surge. For the entire year, Korean Air achieved record sales of 16.1 trillion won, with a 10.6% increase from the previous year.
America
🔹Trump's Duty-Free Exemption Elimination Threatens E-Commerce and Air Cargo Sector
President Trump's recent order eliminating the duty-free exemption for low-value e-commerce shipments from China, Mexico, and Canada could disrupt business models for many international trade companies, particularly impacting the air cargo sector. The U.S. imported over 2.5 million tons of air cargo from China last year, including 1.3 million tons of low-value e-commerce products now affected by this decision. Stakeholders express confusion over the new rules and how to adapt, while large online retailers had previously leveraged the de minimis provision to avoid import taxes. The change may lead to a shift from air freight to ocean shipping, increasing inventory levels in the U.S. and affecting delivery speeds.
Bangladesh
🔹Cargo route launched between China, Bangladesh, allowing for direct seafood shipments
Guiyang, the capital of Guizhou province in China, has launched a new air cargo service connecting it directly to Dhaka, Bangladesh, with five weekly flights operated by Tianjin Air. This service aims to diversify trade by facilitating the import of aquatic products from Bangladesh and the export of goods such as clothing and electronics to the country, following China's decision to grant tariff-free access to Bangladeshi imports. This move is part of Bangladesh's strategy to reduce reliance on Western markets amid rising tariffs and lower consumer spending in those regions, while also addressing the significant trade deficit with China.
Myanmar
🔹New Air Cargo Route Enhances Regional Myanmar Trade Connections
The launch of a new air cargo service linking Guiyang, China, with Dhaka, Bangladesh, via Yangon, Myanmar, aims to boost trade by facilitating the transport of aquatic products and textiles. This initiative supports Bangladesh's efforts to diversify its export markets away from the West, while also creating potential economic opportunities for Myanmar as a key transit point in the region.
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