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Volume increases and prices remain low as the express delivery industry competes to reduce costs. The application of autonomous vehicles and Drones is expected to accelerate next year | Year-end review.
① Since the beginning of the year, the growth rate of express delivery volume has exceeded 20%; the operating situation of "the two logistics giants and one delivery company" in the first 11 months shows volume increase and low prices, with ZTO achieving year-on-year revenue growth per package in Q3. ② Industry insiders say that the growth rate of express delivery volume will still be double-digit in the next 1-2 years. It is expected that next year, Drones and unmanned vehicles will accelerate their application in various express delivery scenarios, further reducing social Logistics costs.
Tianjin Binhai Teda Logistics (Group) Corporation Limited (HKG:8348) Shares Fly 41% But Investors Aren't Buying For Growth
Express News | Tianjin Binhai Teda Logistics Group - Received a Statement of Claim and Summons Issued by Tianjin No.3 Intermediate People's Court
BINHAI TEDA Logistics (08348.HK): intends to conduct share buybacks in the market.
Gelonghui, December 11 - BINHAI TEDA (08348.HK) announced that the Board of Directors will, based on market conditions, intermittently propose a share buyback with funds equivalent to a maximum of 10 million RMB in Hong Kong dollars on the open market. The company plans to use its financial resources for the proposed share buyback. The company will not carry out the proposed share buyback in a way that would cause a significant adverse impact on the company's operating capital. The Board of Directors will decide whether the shares purchased under the proposed buyback will be cancelled or held by the company as treasury shares based on market conditions at the time of the buyback and the group's capital management needs.
Express News | Tianjin Binhai Teda Logistics Group Corp Ltd - Intention to Conduct on-Market Share Repurchase
China's Logistics Sector Continues Growth Streak in November
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