China hits 100 billion deliveries as couriers grow part and parcel with e-commerce

Quick Summary:

Higher rates of online purchases – and returns – have meant massive increases in courier traffic in China, with 100 billion package deliveries already reported for the year, breaking last year’s record by 71 days.

According to the Ministry of Transport, China has established over 1,200 county-level public delivery service centres and more than 300,000 logistics service stations for villages.

Last year, major Chinese courier companies STO Express, Yunda and YTO reported a decline in revenue per parcel.

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Article Details

Author / Journalist: Luna Sun

Category: Business

Markets: Hong KongChina

Topics: Delivered Volume Online Packages Cent Courier Year Sector China’s China Parcels

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-14 @ 14:35:43 (2 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 584 words

Reading Time: 4 minutes read

Sentences: 23 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 22073353

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