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FedEx: The number of international cargo flights from Xiamen to usa has increased to five per week, activating the Xiamen International Port Operation Center.
Shipping company Federal Express Corporation announced an increase in international freight flights from Xiamen, China to the USA, and the opening of the Xiamen International Port Operations Center. FedEx is currently the only international express company to open an international freight route in Xiamen. The route currently operates five flights per week, effectively enhancing FedEx's logistics network infrastructure in Fujian province. The route takes off from Xiamen Gaoqi International Airport, passes through Incheon, South Korea, and connects to Anchorage, Alaska and Memphis, Tennessee in the USA. The upgrade of the route adds Memphis to Xiamen Gaoqi Airport.
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FedEx has secured the international cargo route from Xiamen to the usa.
On November 21, according to China News, fedex, one of the largest express transportation companies globally, announced on the 21st the launch of an encrypted international cargo route from Xiamen, China to the usa, along with the establishment of an operational center at Xiamen International Port. Fedex is currently the only international courier company that has opened an international cargo route in Xiamen. In March of last year, fedex established a partnership with the Xiamen municipal government to jointly optimize and expand Xiamen's international air transportation operations, support the growth of cross-border e-commerce, and promote the sustainable development of the logistics industry.
citic sec: The resilience and increased penetration of consumer spending accelerate the growth of e-commerce in the usa. Remain bullish on leading e-commerce companies.
In Q2 2024, the total e-commerce sales in the usa reached 282.3 billion dollars (up 6.6% year-on-year), with a penetration rate of 19.6% (up 1.8 percentage points year-on-year), of which csi sws food & beverage, groceries, electronics and home appliances, and non-store retailers grew by 8.0%/ 12.7%/ 7.9%/ 7.2% year-on-year.