China’s Express Delivery Development Index Increased by 15% Year-on-Year in September
On October 11, a reporter from the Economic Information Daily learned from the State Post Bureau that in September, driven by Mid-Autumn Festival consumption and other factors, the scale of the express delivery market expanded steadily. Service quality and efficiency improved significantly, foundational capabilities strengthened, and the development trend continued to be positive.
According to calculations, the China Express Delivery Development Index for September 2023 was 406.1, a 15% increase year-on-year. Specifically, the Development Scale Index, Service Quality Index, and Development Capacity Index were 434.3, 673.4, and 223.5, respectivamente, reflecting year-on-year increases of 12.7%, 19.9%, and 7.9%. The Development Trend Index also reached 67.1.
Hu Han, Director of the Logistics Statistics Department at the China Logistics Information Center, stated that in September, express delivery development indicators showed that the volume of express deliveries is expected to grow by about 20% año tras año, and business revenue is expected to grow by about 14% año tras año. In the first three quarters, express delivery volume and business revenue are expected to grow by approximately 16.4% and 11%, respectivamente, far exceeding the levels of the same period last year.
In the first three quarters, the foundation of the express delivery industry’s development remained solid, with market scale achieving “three consecutive rises.” Since March, the industry’s monthly business volume has reached 10 billion pieces, with monthly business revenue exceeding 90 mil millones de yuanes. September’s business volume is expected to set a new historical high for the same period. E-commerce collaboration has been thriving. In the first three quarters, the express delivery industry’s collaboration with e-commerce deepened, supporting the steady growth of online retail sales of physical goods. Since September, express delivery companies have optimized customized solutions for seasonal fruits, vegetables, mariscos, and other specialty products, further stimulating online consumption. From September 18 a 27, daily business volumes exceeded 400 million pieces for ten consecutive days.
Recently, sweet potatoes in Xiajin County, Dezhou City, Shandong Province, have reached harvest season. “Sweet potatoes are fresh products. After harvesting, they are immediately loaded onto trucks by dedicated personnel and transported to our cooperative’s cellars and warehouses. This ensures product freshness and stable supply while solving sales problems for farmers,” explained Zhang Demin, a local e-commerce leader. The sweet potatoes are sold nationwide, with peak season orders reaching 9,000 orders per day.
Hu Han stated that express delivery companies, through integrated warehousing and sorting, achieve seamless order processing and transportation, helping businesses and farmers connect the upstream and downstream of the industrial chain. For different order delivery needs, they use various models such as consolidated shipping, less-than-truckload (LTL) + express direct shipping, and LTL + express intermodal transport, providing more flexible solutions to enhance supply chain service capabilities and help manufacturing enterprises reduce costs and increase efficiency.
Given the improvements in various capabilities, the outlook for the express delivery industry is clearly positive. According to relevant personnel from the State Post Bureau, with the arrival of traditional online shopping peaks like “Double 11″ and “Double 12,” the industry will gradually enter its peak business season in the fourth quarter, continuing to maintain a rapid growth trend.
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