The private express delivery industry has experienced significant growth over the past 30 years, becoming a major player in the market. The latest draft of the "Private Economy Promotion Law" emphasizes fair competition and supports private enterprises. Although there is some competition with China Post, there is potential for cooperation in areas like express services.
The rapid development of the express delivery industry in Zhejiang has achieved 20 billion parcels ahead of schedule this year, reflecting a dual improvement in economic vitality and service quality. With the rise of live e-commerce, advances in rural express delivery, and the promotion of digital and green development, Zhejiang's express industry is experiencing a new vitality.
YTO Express is committed to building a green express service by actively promoting packaging recycling, electric transportation, and automated transfer processes to significantly reduce carbon emissions. Additionally, the company optimizes its carbon footprint monitoring through a digital management system, continuously practicing low-carbon development and contributing to environmental exploration in the express delivery industry.
In 2023, China's express delivery volume exceeded 50 billion parcels, solidifying its position as the world's largest market. The competition in the industry has intensified, driven by rapid e-commerce growth and innovative logistics solutions.
In the first ten months of 2023, Xinjiang's express delivery volume exceeded 350 million packages, reflecting enhanced economic vitality. This growth is attributed to the implementation of free shipping policies and an increasingly improved delivery network. The express delivery industry has provided a broader market for Xinjiang's specialty agricultural products, driving local economic development.
Alibaba and ZTO Express have reached a strategic investment agreement, with an investment of $1.38 billion for a 10% stake. This collaboration will promote the digital transformation of the logistics industry and demonstrates the deep integration of both companies in the new retail and new logistics sectors. Despite experiencing fluctuations in ZTO's stock price, its market share and net profit growth indicate strong competitiveness. This strategic investment marks Alibaba's ongoing expansion of partnerships in the express delivery industry.
JD.com announced that its self-developed unmanned delivery vehicles will start trial operation in October, with large-scale commercialization expected by 2017. These vehicles are designed for last-mile delivery, capable of obstacle avoidance and route planning, while notifying users via an app for pickup. This initiative aims to optimize urban logistics efficiency, reduce reliance on delivery personnel, and address the market changes resulting from a declining demographic dividend.
This article explores the increasing demand for air cargo within the express industry against the backdrop of rapid e-commerce growth. As the express business flourishes, air cargo has become a vital method for enhancing logistics efficiency. It is anticipated that in the next 20 years, air freight volume will maintain an annual growth rate of 4.7%. The shortage of pilots is an urgent issue that needs addressing, leading to an intensified competition for talent in the industry.
