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Cross-border e-commerce transaction volume surges

by:VIPUTRANS     2020-07-14
China's cross-border e-commerce transactions are exploding, which has spawned new charter flights and freight routes to meet demand. Alibaba's logistics department Cainiao said this week that it will increase the number of export charter flights to 1,260 in the next nine months. In March and April of this year, Cainiao International’s charter flights are close to 200, and the total will reach nearly 300 in May and June. The new flight will reduce the average international air delivery time by half to 3 to 5 days. In March this year, the company launched a new charter service from its Hangzhou headquarters to Kuala Lumpur, with five flights a week. Other new charter flights include Hangzhou, Hong Kong and Harbin to Moscow, Tel Aviv and Liege.

At the same time, Shenzhen-based SF Airlines also launched a series of international routes this year, (destination) including (India) Chennai, Delhi, (Japan) Osaka, Tokyo, (United States) Los Angeles, (Malaysia) Kuala Lumpur, ( (Vietnam) Ho Chi Minh City, (Thailand) Bangkok and Singapore. The company currently handles more than 20 international flights every week.

Data from Seko, an international third-party logistics giant, shows that as customers who stay away from home continue to increase online shopping orders, China's e-commerce transaction volume has reached a new high this year. The company’s Asia Pacific air transport and e-commerce business executive Gunasekla said: 'To maintain the flow of goods, some centralized shippers will buy 10 to 12 flights in a contract.' For Chinese e-commerce and courier predators In general, the (international) flight network is gradually expanding as they further invest in overseas warehousing operations. Cainiao plans to double its overseas storage space to 2 million square meters in three years. Coupled with close cooperation with more than 30 customs clearance ports, it will help speed up the logistics platform to process 30 million orders sent to China every day. In terms of exports, SMEs can also use the new storage space to prepare in advance, which will ensure that over 90% of future orders from China to global cities will reach overseas consumers within 72 hours. (Source: Global Times)
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