北京商报讯（记者 何倩）10月21日，北京商报记者从中通获悉，今年"双11"旺季期间，中通快递全网 94个转运中心、690套自动化分拣设备、6000个一级网点全力运转。 在末端派送方面，中通已建设11万个末端驿站和700万个快递柜格口，且无人车队规模也在扩张。截至 目前，超2900台中通无人配送车每天在250多个城市运送超20万件包裹，累计运行里程已逾2000万公 里。 ...

Core Viewpoint - Shentong Express has experienced a decline in stock price recently, despite a significant increase in its stock price year-to-date, indicating potential volatility in the market [1][2]. Group 1: Stock Performance - As of October 21, Shentong Express's stock price was 15.62 CNY per share, down 2.19% during the trading session [1]. - The stock has increased by 55.21% year-to-date, but has seen a decline of 11.60% in the last five trading days and 14.41% in the last twenty days [1]. - The company has appeared on the "龙虎榜" (a trading board for stocks with significant trading volume) once this year, with a net buy of 14.11 million CNY on July 25 [1]. Group 2: Financial Performance - For the first half of 2025, Shentong Express reported revenue of 25.025 billion CNY, a year-on-year increase of 16.02%, and a net profit attributable to shareholders of 453 million CNY, up 3.73% year-on-year [2]. - The company has distributed a total of 1.614 billion CNY in dividends since its A-share listing, with 131 million CNY distributed in the last three years [3]. Group 3: Shareholder Information - As of June 30, 2025, the number of shareholders for Shentong Express was 42,500, an increase of 11.27% from the previous period [2]. - The average number of circulating shares per shareholder was 35,095, a decrease of 10.13% from the previous period [2]. - The fifth-largest circulating shareholder, Hong Kong Central Clearing Limited, reduced its holdings by 19.72 million shares to 43.2118 million shares [3].

记者 吴丹璐 10月20日，《上海市民营经济促进条例》（以下简称《条例》）正式生效实施。同日，一场别开生 面的企业座谈会在上海市政府召开。上海市发展改革委、市委金融办、市经济和信息化委、市商务委、 市科委、市市场监管局、市工商联等多个相关部门，就《条例》贯彻实施听取了多家企业和单位的意 见，凝聚发展共识，提振民企发展信心。 不少参会企业对《条例》有关对外经贸的规定十分关注。"条例第二十条明确提出，鼓励民企设立 全球供应链管理中心；第四十四条提出健全海外综合服务体系，设立走出去综合服务中心……这些条款 都为圆通正在推进的全球化战略给出了清晰的发展指引。"圆通速递副总裁张龙武表示，企业国际在营 航线达到50条，海外分公司及办事处达50多个，目前正在全面实施国际化战略，"出海"需求十分强烈， 《条例》中多次提到"出海"服务，让企业倍感振奋。 为了疏解企业"出海"难点，本次《条例》规定，要健全海外综合服务体系，助力民间组织链接全球 市场；要提升通关便利化水平，依托中国上海国际贸易单一窗口，为民营经济组织开展国际贸易提供通 关物流全流程电子化服务；要优化跨境金融便利化措施，按照规定拓宽跨境融资渠道，畅通跨境支付结 算渠 ...

Core Insights - The transportation sector in China showed a cumulative increase of 0.37% from October 13 to October 18, ranking 4th among 31 SW primary industries, while the CSI 300 index decreased by 2.22% [2] Subsector Performance - The performance of various subsectors within transportation during the week was as follows: Shipping (3.06%), Airport (2.57%), Expressway (2.33%), Road Freight (1.08%), Port (0.83%), Railway (0.22%), Bus (-2.00%), Cross-border Logistics (-3.49%), Express (-4.36%), and Warehousing Logistics (-4.76%) [1][3] Airline Sector Analysis - Domestic and international capacity recovery rates for major listed airlines in September 2025 compared to the same month in 2019 were as follows: Air China (145.09%), China Southern Airlines (116.42%), China Eastern Airlines (115.45%), Hainan Airlines (92.17%), Juneyao Airlines (115.48%), and Spring Airlines (176.49%) for domestic ASK; and for international ASK: 98.13%, 94.97%, 105.34%, 73.58%, 219.78%, and 81.74% respectively [3] Oil Prices and Exchange Rates - As of October 17, 2025, Brent crude oil was priced at $61.29 per barrel, reflecting a week-on-week decrease of 2.79% and a year-on-year decrease of 17.68% [3] - The exchange rate of the Chinese Yuan against the US Dollar was 7.1048, with a week-on-week depreciation of 0.08% and a year-on-year depreciation of 0.38% [3] Airport Traffic Recovery - Major airports in China showed the following recovery rates for domestic passenger throughput in September 2025 compared to 2019: Baiyun Airport (115.74%), Shanghai Airport (125.22%), Capital Airport (89.82%), and Shenzhen Airport (119.73%) [4] Shipping and Port Metrics - The SCFI index was reported at 1310 points, a week-on-week increase of 12.92% but a year-on-year decrease of 36.46% as of October 17, 2025 [4] - The CCFI index was at 973 points, with a week-on-week decrease of 4.11% and a year-on-year decrease of 30.75% [4] Dry Bulk Shipping Metrics - The BDI index was reported at 2069 points, reflecting a week-on-week increase of 6.87% and a year-on-year increase of 29.80% [5] Road and Rail Performance - In August 2025, railway passenger volume was 505 million, a year-on-year increase of 6.55%, while road passenger volume was 950 million, a year-on-year decrease of 4.80% [5] Express Delivery Sector - The express delivery industry achieved a revenue of 1189.60 billion Yuan in August 2025, a year-on-year increase of 4.20%, with a business volume of 16.15 billion pieces, up 12.30% year-on-year [5] Investment Recommendations - The airline sector is expected to benefit from increased international flights and domestic demand recovery, with recommendations for stocks such as Air China, China Southern Airlines, and others [6] - The airport sector is advised to focus on bottom-fishing opportunities due to the anticipated recovery in international passenger traffic [6] - The cross-border logistics sector is expected to benefit from the growth of cross-border e-commerce, with a recommendation to pay attention to Huamao Logistics [7] - The express delivery sector is seen as having growth potential due to the acceleration of e-commerce and improved industry dynamics [8]

转自：北京日报客户端 亮点 快递业务量从2020年约830亿件，增长到2024年1750亿件，年均增长约20% 上午9点多，一辆快递车驶入西藏拉萨城郊的顺丰物流园。一件件快递包裹被迅速卸下，经过长长的分 拣带，落入对应地区的分拣筐。 拉萨市民强珍网购的一件新衣服就在其中。这件来自广东广州的快递历经数千公里跋涉，即将送到她手 中。 经过一个多小时的分拣、装车，这些快递再度起程，被运往各营业部。营业部里，不同片区的快递分类 码放，快递员来到各自负责片区的货架前，麻利地将快递放入袋中，装车驶向最终目的地。 下午5点多，负责末端配送的快递员将快递送到强珍手里。此时，距离她下单不到72小时。 从全国看，快递业务量从2020年的约830亿件，增长到2024年的1750亿件，年均增长约20%。平均每天 的揽收快件量超过5亿件，相当于每秒有近6000件快递进入寄递渠道。快递业务量迅速增长，这在西藏 尤为明显。 强珍几年前就想尝试网购，但付款时被高昂的运费"劝退"。"那时候，200块的东西，运费大几十块，谁 敢买啊？"她回忆道。 这几年，运费逐渐下降，越来越多商家为西藏包邮。"两年前，我第一次在网上买了衣服和鞋，商家给 包邮了 ...

在网点经营者眼中，每年的"双11"都是一场硬仗，快递员的工作压力也会急速攀升。姜子豪为此专门安 排了替班人员，以保证快递员的休息时间，以及能够及时处理突发状况。 10月20日晚间8点，天猫正式开启抢现货、付尾款活动。"双11"竞争热度升温，压力也传导至快递企 业。据北京商报记者了解，10月22日—25日，北京快递网点将迎来首个业务高峰，部分网点预计件量将 翻倍。为缓解快递量激增问题，不少从业者投入快递柜、升级分拣线来顶住业务压力，末端取件提效三 成。 今年"双11"，京东物流、申通、极兔等企业均在自动化能力上进一步加码，比拼时效。有从业人士认 为，未来行业将继续向智能化、专业化方向发展，进入门槛进一步提升。 提前储备人员车辆 "预计今年'双11'首波快递高峰在10月22日—25日，第二波高峰在11月3日—7日。"中通北京定福庄网点 负责人姜子豪对北京商报记者表示，去年"双11"第一波高峰时，网点快递量约4.8万—5万件，翻了一 倍。目前网点的日均派件量为2.5万—2.6万票，预计今年也会达到上述量级。 极兔北京顺义网点负责人毛冠军也预计，"双11"首轮快递高峰时网点的件量将增长30%，不过由于大促 周期被拉长 ...

亮点 快递业务量从2020年约830亿件，增长到2024年1750亿件，年均增长约20% 上午9点多，一辆快递车驶入西藏拉萨城郊的顺丰物流园。一件件快递包裹被迅速卸下，经过长长的分 拣带，落入对应地区的分拣筐。 西藏的物流服务水平近年来不断提升。来自广东的黄海芬到西藏林芝工作已有七八年，"网上购物，从 其他省份发来的快递一般4到7天能收到，虽然还说不上特别快，但比我刚来西藏时快多了。" 从全国看，快递业务量从2020年的约830亿件，增长到2024年的1750亿件，年均增长约20%。平均每天 的揽收快件量超过5亿件，相当于每秒有近6000件快递进入寄递渠道。快递业务量迅速增长，这在西藏 尤为明显。 强珍几年前就想尝试网购，但付款时被高昂的运费"劝退"。"那时候，200块的东西，运费大几十块，谁 敢买啊？"她回忆道。 这几年，运费逐渐下降，越来越多商家为西藏包邮。"两年前，我第一次在网上买了衣服和鞋，商家给 包邮了。"强珍开始习惯网购。 西藏顺丰速运有限公司负责人刘书鑫介绍，顺丰在西藏的年订单量从5年前的约400万单增长到去年的 1400万单。这背后反映出西藏群众消费意愿和能力不断提升：今年上半年，西藏网络零售 ...

Core Insights - The "Double 11" shopping festival is expected to create significant pressure on logistics companies, with peak delivery volumes anticipated from October 22 to 25, and again from November 3 to 7 [1][3] - Companies are investing in automation and smart technologies to enhance efficiency and cope with the increasing delivery demands [5][7] Group 1: Delivery Volume and Peak Periods - The first peak delivery volume for "Double 11" is projected to reach approximately 4.8 to 5 million packages per day at certain logistics points, doubling from last year [3] - Some logistics points are preparing for a 30% increase in delivery volume during the first peak, with daily average delivery volumes expected to reach similar levels as last year [3][6] Group 2: Automation and Efficiency Improvements - Companies like JD Logistics, Shentong, and Jitu are enhancing their automation capabilities, with Jitu upgrading sorting lines to increase efficiency by over 30% [6][7] - The introduction of automated devices is expected to reduce the workload on delivery personnel, allowing for earlier finishing times and improved operational efficiency [6][8] Group 3: Workforce Management and Resource Allocation - Logistics companies are hiring temporary workers and increasing vehicle capacity to manage the surge in delivery demands during the festival [3][4] - The use of automated delivery lockers is being expanded to facilitate 24-hour package retrieval, improving efficiency by 30% and reducing the need for manual labor [6][8] Group 4: Industry Trends and Future Outlook - The logistics industry is moving towards greater automation, specialization, and standardization, with an expected increase in delivery volumes to over 2 billion packages by 2025 [8] - Companies are recognizing the need for long-term investment in automation to reduce costs and improve service efficiency, as traditional labor models become unsustainable [8]

Core Insights - Zhongtong Express has officially launched its Northern Headquarters in Langfang City, with a total investment of 1.1 billion yuan [1] - The headquarters covers an area of 448,000 square meters and is designed to serve as a high-end smart supply chain hub for the Beijing-Tianjin-Hebei region, with an annual processing capacity of 3.5 billion parcels [1] - The expected annual revenue from the Northern Headquarters is projected to be 3.2 billion yuan [1] Infrastructure and Capacity - The Northern Headquarters is equipped with 10 sets of automatic sorting equipment and 58 large parcel automatic sorting lines [1] - The facility can handle a daily processing volume of 5 million parcels under normal conditions, which can surge to 12 million parcels during peak seasons [1] - This center is the largest transfer hub for Zhongtong Express in the northern region [1]

Core Viewpoint - The upcoming "Double 11" shopping festival is expected to significantly increase the pressure on logistics companies, with a notable rise in package volumes anticipated during peak periods [1][2]. Group 1: Peak Delivery Expectations - The first peak of express delivery is expected from October 22 to 25, with some delivery points anticipating a doubling of package volumes compared to last year [2]. - Delivery points like Zhongtong and Jitu are preparing for a 30% increase in package volumes during the first peak, with operational adjustments made to manage the workload [2][9]. Group 2: Workforce and Resource Preparation - Delivery points are increasing their workforce and vehicle capacity to handle the anticipated surge, with some adding temporary workers and additional delivery vehicles [2][7]. - For instance, one delivery point has added four delivery trucks and nearly ten temporary workers to ensure smooth operations during the peak [2]. Group 3: Automation and Efficiency Improvements - Many logistics companies are investing in automation to enhance operational efficiency, with some delivery points upgrading sorting lines to increase sorting capacity by over 30% [8][10]. - The use of automated devices, such as delivery lockers, is expected to improve package retrieval efficiency by 30%, reducing the need for manual labor [9]. Group 4: Industry Trends and Future Outlook - The logistics industry is moving towards greater automation, intelligence, and specialization, with increasing barriers to entry for new players [10][13]. - The overall express delivery volume in China is projected to reach approximately 1.45 trillion packages this year, with expectations of surpassing 2 trillion packages by 2025 [13].