Core Insights - The postal industry in China has seen a significant increase in delivery volume, with a total of 122.3 billion items delivered from January to July, representing a year-on-year growth of 16.2% [1] - The express delivery sector has also experienced robust growth, with a total of 112.05 billion items delivered during the same period, marking an 18.7% increase year-on-year [1] - Revenue from the postal industry has steadily increased, reaching 1,018.07 billion yuan in the first seven months, which is an 8.3% year-on-year growth [1] Delivery Volume - In July alone, the express delivery volume reached 16.4 billion items, showing a year-on-year growth of 15.1% [1] - The same-city express delivery volume totaled 9.26 billion items, reflecting a 6.5% increase year-on-year, while the intercity express delivery volume reached 100.43 billion items, with a year-on-year growth of 19.9% [1] Regional Development - The revenue distribution of express delivery in different regions is as follows: Eastern region at 74.0%, Central region at 15.5%, and Western region at 10.5% [1] - Compared to the same period last year, the Central region's express delivery revenue share increased by 0.5 percentage points, and the volume share increased by 0.9 percentage points [1] - The Western region also saw an increase, with its revenue share rising by 0.3 percentage points and volume share by 0.5 percentage points [1]

Core Insights - The postal industry in China has seen a significant increase in delivery volume, with a total of 122.3 billion items delivered from January to July, marking a year-on-year growth of 16.2% [1] - The express delivery sector has also experienced robust growth, with 112.05 billion items delivered during the same period, reflecting an 18.7% increase year-on-year [1] - Revenue from the postal industry has steadily risen, reaching 1,018.07 billion yuan in the first seven months, which is an 8.3% increase compared to the previous year [1] Delivery Volume - In July alone, the express delivery volume reached 16.4 billion items, showing a year-on-year growth of 15.1% [1] - The same-city express delivery volume totaled 9.26 billion items, with a growth rate of 6.5% [1] - The intercity express delivery volume was 100.43 billion items, which represents a significant year-on-year increase of 19.9% [1] Revenue Growth - The express delivery revenue accumulated to 839.42 billion yuan in the first seven months, indicating a year-on-year growth of 9.9% [1] - The revenue distribution among different regions shows that the eastern region accounted for 74.0%, the central region for 15.5%, and the western region for 10.5% of the total express delivery revenue [1] Regional Development - The central region's share of express delivery revenue increased by 0.5 percentage points compared to the same period last year, while its volume share rose by 0.9 percentage points [1] - The western region also saw an increase, with its revenue share up by 0.3 percentage points and volume share up by 0.5 percentage points compared to the previous year [1]

前7个月 我国邮政行业寄递业务量 累计完成 同比增长 1223亿件 16.2% 快递业务量累计完成1120.5亿件 其中 同比增长18.7% 国际/港澳台快递 同城快递 23.6亿件 92.6亿件 同比增长19.2% 同比增长6.5% 异地快递 1004.3亿件 同比增长19.9% ...

Group 1 - The express delivery business volume in China reached 95.6 billion pieces in the first half of the year, representing a year-on-year growth of 19.3% [1]

智通财经6月16日电，前5个月，我国邮政行业寄递业务量累计完成861.8亿件，同比增长17.6%。其中， 快递业务量累计完成787.7亿件，同比增长20.1%。 前5个月我国快递业务量完成787.7亿件 ...

交通运输部：货运量增速快于去年全年水平，快递业务量快速增长。一季度，完成营业性货运量130.6 亿吨，同比增长4.9%，增速较去年全年加快1个百分点。 ...

Investment Rating - The report maintains a "Recommended" rating for the transportation industry [1] Core Insights - The report highlights that U.S. sanctions against Iran are intensifying, and OPEC has reached a consensus to increase production, indicating upward potential for the oil tanker sector [2][7] - The express delivery business volume has shown significant year-on-year growth, with a reported increase of 21.5% in 2024 [3] Summary by Sections Weekly Focus - The U.S. government has announced additional sanctions against Iran, targeting several individuals, entities, and vessels involved in Iranian oil exports, including 10 VLCC supertankers, which constitutes about 20% of the global tanker fleet [7] - OPEC has agreed to gradually increase production starting April, aiming to release 2.2 million barrels per day [7] Industry Data Tracking (2025.03.09 – 03.15) Aviation Data - Domestic flight volume for the week was 84,029 flights, averaging 12,004 flights per day, a slight decrease of 0.10% week-on-week and 0.50% year-on-year [10] - Domestic passenger volume reached 11.43 million, a 0.05% increase week-on-week and a 2.12% increase year-on-year [11] - The average domestic ticket price decreased by 3.49% week-on-week and 6.31% year-on-year [11] Express Delivery Data - For the week of March 3-9, the average daily collection volume was approximately 555 million pieces, a 3.99% increase from the previous week [17] - Year-to-date, the average daily collection volume is about 495 million pieces, reflecting a 36.00% increase year-on-year [17] - In 2024, the express delivery business volume increased by 21.5% year-on-year, with revenue up by 13.8% [3] Shipping Data - The BDI index for dry bulk shipping was reported at 1,517 points, a 20% increase week-on-week [48] - The VLCC-TCE rate was $38,329 per day, a 3% decrease week-on-week [49] Recent Key Reports - The report recommends focusing on companies such as COSCO Shipping Energy, Shandong Highway, and China Eastern Airlines, among others, as part of the investment strategy [4]