6月3日，广州市统计局公布的最新数据显示，今年1-4月，广州规模以上服务业实现营业收入6707.94亿 元，同比增长7.2%，比1-3月提高0.3个百分点。 数据显示，1-4月，广州全市科学研究和技术服务业实现营业收入440.3亿元；全市工程和技术研究和试 验发展、科技中介服务营业收入同比分别增长7.2%和48.8%。 "数字+"赋能，租赁和商务服务业实现双位数增长 当前，广州正加速"数字+"与传统服务业融合，新兴业态与传统领域协同发力，租赁和商务服务业持续 释放活力，成为经济高质量发展的重要支撑。通过打造跨境直播基地、试点人力资源大数据平台等创新 举措，推动行业从规模扩张转向质效提升。 记者注意到，今年前4个月，广州市交通运输、科学研究和技术服务、租赁和商务服务表现亮眼，三大 领域协同发力，为经济高质量发展注入强劲活力。 节会双轮驱动，交通运输迎来"小高峰" 今年清明假期叠加广交会，旅游流、探亲流、客商流等客流交织，客货运输两旺，交通运输行业迎来小 高峰。 数据显示，1-4月，全市规模以上交通运输、仓储和邮政业实现营业收入2250.27亿元，同比增长8.8%。 铁路部门加开"银发专列"、跨境旅游专列和广深港 ...

今天分享的是：2024跨境电商物流专题报告：跨境仓储大件品出海的卖水人 报告共计：60页 跨境仓储：大件出海"卖水人"的崛起与暗战 在全球电商蓬勃发展的浪潮中，中国制造正以前所未有的速度涌向海外市场。而在这场出海盛宴背后，一个低调却至关重要的 角色正在崛起——跨境仓储服务商，尤其是专注于大件商品的海外仓。它们如同淘金热中的"卖水人"，为笨重、运费高昂的家 具、家电、健身器材等大件商品搭建起高效出海的物流桥梁。 一、直邮遇瓶颈，海外仓成"大件救星" 跨境电商物流长期依赖直邮模式，尤其以Shein、Temu为代表的快时尚平台带动空运小包需求激增。然而，直邮模式对商品尺寸 和重量限制严格，大件商品几乎无法通过空运渠道。更关键的是，大件商品尾程配送成本极高，成为制约其线上化的核心痛 点。 海外仓的兴起正是为了解决这一困境： 成本砍半：以一把椅子为例，使用亚马逊FBA配送需45.37美元，而通过第三方海外仓仅需21.04美元，降幅高达53.6%。健身器 材等更大件商品也能节省35%以上运费。 时效飞跃：直邮小包到美国需10-15天，而海外仓本地发货可缩短至1-3天，部分区域甚至支持次日达。 退货无忧：海外仓支持本地退换 ...

21世纪经济报道记者 刘婧汐 广州报道 5月30日，开市客（Costco）发布2025财年第三财季报告，期内开市客总营收达632.1亿美元（约合人民 币4547亿元），同比增长8.0%；净利润19亿美元，同比增长13.7%；会员费收入12.4亿美元，同比增长 10.7%，占净利润的比重达65%，整体表现超过华尔街此前预期。 具体到地区来看，开市客在中国市场的表现遇冷，全球范围会员续费率超90%，而中国市场仅62%。 开市客第三季度财报表现亮眼，延续了去年以来业绩持续上涨的势头。 不止门店数量，开市客在会员费、选址、即时零售方面，相比山姆中国并不存在优势。 定价方面，对比山姆中国260元/年的会员费，开市客299元/年的价格略高。 值得注意的是，会员费收入持续上涨的背景是公司刚刚启动一轮海外市场的会员费涨价。去年9月， Costco宣布在美国和加拿大市场正式上调会员费，涨幅分别为 8% 和 8.3%。这是自 2017 年以来的首次 涨价，将影响约 5200 万会员，但这没有阻挡海外市场会员费收入走高的势头。 同时，开市客在去年内进行了一轮针对会员共享制度的结构优化。具体而言，为了打击会员卡共享行 为，开市客在美 ...

以下为Costco FY25Q3 的财报电话会纪要，财报解读请移步《特朗普关税狂舞，Costco "稳如狗"》 一、财报核心信息回顾 | | | | | Costco quarterly results wrap | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | $'00 mn | 3023 | 4023 | 1024 | 2024 | 3024 | 4024 | 1025 | 2025 | 3025 | 3025E | Var. | | Total revenue | ટરૂર | 789 | 578 | 584 | રક્ષર | 797 | 622 | 637 | 632 | 633 | -0.1% | | yoy | 2.0% | 9.5% | 6.2% | 5.7% | 9.1% | 1.0% | 7.5% | 9.0% | 8.0% | 8.2% | | | Net sales | 526 | 774 | 567 | 573 | 574 | 782 | 610 | ...

Core Viewpoint - The completion of the steel structure for the second phase of the Pinghu South Comprehensive Logistics Hub project in Shenzhen marks a significant advancement in the development of railway-based smart logistics parks, enhancing land utilization and logistics efficiency [1][2][3]. Group 1: Project Overview - The Pinghu South Comprehensive Logistics Hub project integrates existing railway freight yards with elevated smart logistics warehouses, allowing for vertical development of railway land [1]. - The project features a ground level with four freight lines and three platforms, and an upper level with 11 high-standard logistics warehouses, supported by multiple transport ramps and channels [1]. Group 2: Benefits of Vertical Development - The project promotes efficient land use, particularly in land-scarce Shenzhen, by exploring a model for the intensive utilization of existing railway freight station land [2]. - The location of the project is strategically advantageous, surrounded by major highways and railways, making it ideal for logistics hub functions [2]. Group 3: Logistics Efficiency - The new logistics model allows for "one-stop" transfers, significantly reducing transportation time and costs compared to previous multi-modal transport methods [3]. - Once completed, the hub will enable direct rail access to Shenzhen Port, allowing goods to be transported to the hub within one hour, facilitating quick transfers to other trains or vehicles [3]. - The new model is projected to save 40% of transportation time and improve logistics efficiency by over 30%, with an expected capacity of handling 1.4 million TEUs of sea-rail intermodal transport by 2026 [3].

Core Insights - Effective control of second-generation transit warehousing costs is crucial for companies' profitability and competitiveness in today's competitive business environment [1] - Optimizing warehousing costs has become one of the key factors for sustainable development as businesses grow and markets change [1] Group 1: Warehousing Layout Optimization - The rationality of warehousing layout directly affects warehousing costs, and optimizing internal warehouse design can improve space utilization and reduce handling distances and time [3] - Companies can utilize vertical warehouses, shelf optimization, and automation equipment to enhance space utilization and lower warehousing costs [3] Group 2: Logistics Distribution Optimization - Optimizing logistics distribution plans is an important way to reduce second-generation transit warehousing costs [5] - Selecting suitable logistics partners and optimizing delivery routes and times can decrease transit times and inventory backlog, improving logistics efficiency and reducing costs [5] - Companies can adopt third-party logistics, joint distribution, and combined delivery models to lower logistics costs [5] Group 3: Inventory Management Optimization - Inventory management is central to controlling second-generation transit warehousing costs [6] - Properly controlling inventory levels and optimizing inventory structure can reduce excess inventory and stockouts, increasing turnover rates and lowering inventory costs [6] - Companies can implement methods such as ABC classification, economic order quantity, and safety stock to optimize inventory management [6] Group 4: Personnel Management Optimization - Personnel management significantly impacts second-generation transit warehousing costs [7] - Enhancing employee training and improving work efficiency can reduce training and labor costs [7] - Companies can use incentive mechanisms and performance evaluations to boost employee motivation and efficiency, thereby lowering labor costs [7] Group 5: Information Management Optimization - Information management is a crucial means to enhance the efficiency of controlling second-generation transit warehousing costs [8] - Implementing information management systems can automate, inform, and smarten warehouse management, improving efficiency and reducing management costs [8] - Companies can adopt Warehouse Management Systems (WMS) and Transportation Management Systems (TMS) to enhance management efficiency [8] Group 6: Risk Management Optimization - Risk management is an important safeguard for controlling second-generation transit warehousing costs [9] - Strengthening management of market, natural, and credit risks can reduce risk losses and enhance profitability [9] - Companies can employ risk assessment, early warning, and control methods to improve risk management and minimize losses [9]

企业名称南京快邮供应链管理有限公司法定代表人吴宁宁注册资本500万人民币国标行业交通运输、仓 储和邮政业>装卸搬运和仓储业>装卸搬运地址江苏省南京市江宁区苏源大道19号九龙湖国际企业总部 园区B1号楼13层（江宁开发区）企业类型有限责任公司营业期限2025-5-30至无固定期限登记机关南京 市江宁区政务服务管理办公室 来源：金融界 天眼查App显示，近日，南京快邮供应链管理有限公司成立，法定代表人为吴宁宁，注册资本500万人 民币，南京宁十三科技有限公司、合肥巨算企业服务有限公司持股。 序号股东名称持股比例1南京宁十三科技有限公司50%2合肥巨算企业服务有限公司30%3南京嘉锐立亚 科技合伙企业（有限合伙）20% 经营范围含供应链管理服务；包装服务；普通货物仓储服务（不含危险化学品等需许可审批的项目）； 装卸搬运；仓储设备租赁服务；机械设备租赁；租赁服务（不含许可类租赁服务）；货物进出口；技术 进出口；进出口代理；外卖递送服务；技术服务、技术开发、技术咨询、技术交流、技术转让、技术推 广；网络技术服务；物联网技术服务；信息技术咨询服务；技术推广服务；科技推广和应用服务；金属 制品研发；软件开发；软件销售；项目 ...

Market Overview - US stock index futures are all down ahead of the market opening, with Dow futures down 0.05%, S&P 500 futures down 0.11%, and Nasdaq futures down 0.13% [1] - European indices show positive performance, with Germany's DAX up 0.57%, UK's FTSE 100 up 0.59%, France's CAC40 up 0.26%, and the Euro Stoxx 50 up 0.42% [2][3] - WTI crude oil increased by 1.08% to $61.60 per barrel, while Brent crude rose by 0.96% to $63.96 per barrel [3][4] Economic and Policy Insights - Analysts warn that June may be challenging for the stock market, as historical data shows a weak performance in June, with an average increase of only 0.2% over the past 30 years. This is compounded by trade war risks and uncertainties surrounding Federal Reserve policies [4] - Goldman Sachs' president highlights that the focus is shifting from tariff disputes to the rising US government debt, which is pushing up long-term interest rates and increasing the risk of a larger fiscal deficit [6] - Federal Reserve officials emphasize the need for patience in policy decisions due to economic uncertainties, particularly regarding the impact of tariff policies on inflation and overall economic growth [7] Company-Specific Developments - Dell Technologies reported a 5% year-over-year increase in overall sales to $23.4 billion, driven by a significant rise in AI server orders [10] - Costco's Q3 revenue reached $63.2 billion, a year-over-year increase of 8%, with net profit rising to $1.9 billion [11] - Tiger Brokers reported a 55% year-over-year increase in Q1 revenue to $123 million, with net profit up 145% [12] - Gap Inc. warned that tariffs could erode $300 million in annual operating profit, despite reporting Q1 revenue of $3.46 billion, exceeding analyst expectations [13] - Sanofi and Regeneron Pharmaceuticals experienced stock declines following mixed results from trials of a new drug for chronic obstructive pulmonary disease [14]

Group 1 - The company Guangzhou Jiacheng International Logistics Co., Ltd. issued convertible bonds totaling RMB 800 million, with a maturity of 6 years and a net fundraising amount of RMB 793.8213 million after deducting issuance costs [1][17]. - The bonds have a face value of RMB 100 each, with an annual interest rate that increases from 0.30% in the first year to 3.00% in the sixth year [2][3]. - The initial conversion price for the bonds is set at RMB 22.98 per share, with provisions for adjustments based on various corporate actions [4][5]. Group 2 - The company operates in the logistics industry, providing customized logistics solutions and comprehensive supply chain services, particularly for manufacturing and e-commerce clients [17]. - The company has a registered capital of RMB 345,211,243 and was established on October 24, 2000, with its headquarters located in Guangzhou [17]. - The company’s main business includes international freight forwarding, warehousing, and supply chain management services, catering to both domestic and international markets [17]. Group 3 - The bonds are listed on the Shanghai Stock Exchange under the code "113656" and are subject to specific terms regarding interest payments, conversion rights, and redemption options [1][10]. - The company has established a fundraising management system to ensure that the raised funds are used according to the planned projects, including the "Cross-border E-commerce Smart Logistics Center" and "Free Trade Port Cloud Intelligence International Distribution Center" [17]. - The company has received a credit rating of AA- for both its corporate and bond ratings, indicating a stable outlook [17].

Core Viewpoint - Costco executives stated that price increases are considered a "last resort" in response to tariffs [1] Group 1: Company Insights - Costco is exploring various strategies to manage the impact of tariffs without immediately resorting to price hikes [1] - The company emphasizes maintaining customer loyalty and competitive pricing as key priorities [1] Group 2: Industry Context - The retail industry is facing challenges due to rising tariffs, prompting companies to reassess pricing strategies [1] - Executives across the industry are discussing the balance between cost management and consumer price sensitivity [1]