China Logistics: In the first half of the year, the total social logistics of the country was 167.4 trillion yuan, a year-on-year increase of 5.8%.
On July 30th, the China Federation of Logistics and Purchasing released an analysis of logistics running from January to June 2024.
In June, China's e-commerce logistics index was 114.8 points, an increase of 0.9 points.
The China e-commerce logistics index for June 2024, jointly released by China Federation of Logistics & Purchasing and JD.com, was 114.8 points, with an expanded increase of 0.9 points.
Earnings Call Summary | SITE Centers(SITC.US) Q1 2024 Earnings Conference
China's Road Logistics Price Index Dips
Huatai Securities: The peak express delivery season is lackluster, short-term industry profits may be under pressure
The bank believes that the demand side of the industry is in the bottom zone. At the same time, due to sufficient production capacity and supply of express delivery companies, industry competition continues, prices may continue to decline year on year, and short-term corporate single ticket profits are under pressure.
Everbright Securities: Express delivery business volume growth rebounded, single ticket revenue continued to decline year over year
Based on November 2021, in November 2023, the national express delivery business volume increased by about 20.4% year on year, the national express delivery business revenue increased by about 15.5% year on year, and single ticket revenue decreased by about 4.1%.