On August 10, 2025, the exchange rate of the Singapore dollar to the Chinese yuan reached 1 SGD = 5.59102 CNY, an increase of 3.46% compared to the same period last year. This fluctuation reflects the strengthening economic relations between the two countries, indicating a promising future for more robust economic cooperation.
Although the trans-Pacific ocean freight container rates are on a downward trend, they remain approximately $1,000/FEU higher compared to the same period last year. The calm period after the Spring Festival has led to a price decline, and it is expected that as service models return to normal, contract rates will decrease.
We offer air freight services from Nanjing to Tbilisi that are safe and efficient. Prices vary according to peak seasons, and shipping fees include fuel surcharges and war risk insurance. Please note that we cannot deliver to Armenia.
On September 7, Cainiao announced a comprehensive upgrade of its import air freight products, covering over 200 international routes. The company launched a service for e-commerce clients that delivers in as fast as three days, enhancing logistics efficiency and cost competitiveness. This also allows for service segmentation and diversified pricing strategies, further strengthening its market position.
The establishment of ZTO Airlines in Changsha marks an upgrade in the express industry towards a comprehensive logistics system, filling the gap in Hunan's air cargo market. Despite facing intense industry competition and high barriers to entry, ZTO Airlines demonstrates growth potential through international market expansion and an integrated operational model. In the future, it is expected to enhance overall service capabilities, triggering a new wave of transformation in the express delivery market.
With the rapid growth of e-commerce, the express industry faces numerous challenges, particularly regarding service quality issues stemming from the franchise model. Consumers frequently experience delays, misdeliveries, and lost packages, with many express deliveries being returned due to the closure of regional outlets. While the franchise system has promoted industry development, it has also led to service disruptions as franchisees prioritize their own interests. Moving forward, the express industry needs to transition towards a self-operated model to enhance service quality and overall efficiency.
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.
SF Airlines has introduced new Boeing freighters to enhance its express air transport capabilities, leading to a three-way competition among SF Express, YTO Express, and China Post. Despite the massive potential of the air express market, development is hampered by inadequate infrastructure and tight aviation resources. The intensifying competition in the express delivery sector is prompting companies to seek high-value-added services and emphasize the importance of air transport. The future express delivery market will prioritize speed and service quality, making the improvement of overall capacity a core task for enterprises.
Recent data shows that container freight rates from Shanghai to Europe and the Mediterranean rose by 27.2% and 23.5% within a week, with increases of 170% and 203% compared to the same period last year. The box shortage and demand recovery are the main driving factors, which may impact the global trade landscape in the future.
Despite the unexpected decline in Brazil's e-commerce 'Black Friday' sales, e-commerce giants remain confident in the Latin American market and are actively expanding their presence. As the last e-commerce blue ocean globally, Latin America presents both challenges and abundant opportunities. In the future, platforms can leverage localization and innovative strategies to embrace growth.
