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Correction: Jayud Global Logistics Signs 3-Year Partnership with DBG Technology Subsidiary Guanghong Electronics
Globenewswire· 2026-02-10 17:11
SHENZHEN, China, Feb. 10, 2026 (GLOBE NEWSWIRE) -- Jayud Global Logistics Limited (NASDAQ: JYD) ("Jayud" or the "Company"), a leading end-to-end supply chain solutions provider based in Shenzhen specializing in cross-border logistics, today announced that it has signed a three-year cooperation agreement (the “Agreement”) with Guanghong Electronics, a wholly-owned subsidiary of DBG Technology Co., Ltd. (300735.SZ). The Agreement focuses on providing comprehensive logistics and transportation services, includ ...
Jayud Global Logistics Signs 3-Year Partnership with DBG Technology Subsidiary Guangdong Electronics
Globenewswire· 2026-02-10 13:30
SHENZHEN, China, Feb. 10, 2026 (GLOBE NEWSWIRE) -- Jayud Global Logistics Limited (NASDAQ: JYD) ("Jayud" or the "Company"), a leading end-to-end supply chain solutions provider based in Shenzhen specializing in cross-border logistics, today announced that it has signed a three-year cooperation agreement (the “Agreement”) with Guanghong Electronics, a wholly-owned subsidiary of DBG Technology Co., Ltd. (300735.SZ). The Agreement focuses on providing comprehensive logistics and transportation services, includ ...
Jayud's Ezhou Huahu Airport Cross-Border E-Commerce Service Center Achieves New Operational Milestone
Globenewswire· 2026-01-20 13:30
Core Insights - Jayud Global Logistics Limited has achieved a significant milestone with its Cross-Border E-Commerce Service Center at Ezhou Huahu Airport, handling over 1,106 metric tons of cargo in October 2025, marking its first full month of operation [1][3] Company Performance - The cargo volume processed through the Huahu Center has shown substantial growth from August to November 2025, increasing from 151,000 kg in August to 3,051,000 kg in November [3] - The Center operates under the 9610 export model, providing efficient customs clearance, modern warehousing, and priority air-freight connectivity, which enhances the service offerings for cross-border sellers [2][4] Industry Context - China's cross-border e-commerce (CBEC) trade volume reached approximately RMB 2.63 trillion (about $368 billion) in 2024, reflecting a year-on-year increase of about 10.8% to 11% [5] - In the first half of 2025, the trade volume was 1.32 trillion yuan, a 5.7% year-on-year increase, surpassing the overall foreign trade growth rate of 2.9% [5]
DEADLINE TOMORROW: Berger Montague Advises Jayud Global Logistics Limited (JYD) Investors to Inquire About a Securities Fraud Class Action by January 20, 2026
TMX Newsfile· 2026-01-19 14:06
Core Viewpoint - A class action lawsuit has been filed against Jayud Global Logistics Limited for alleged fraudulent activities that led to significant stock price manipulation and investor losses during the specified Class Period [1][3]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who acquired Jayud securities from April 21, 2023, to April 30, 2025 [1][2]. - Allegations include a stock price surge from approximately $1.00 to $8.00 per share in early April 2025, attributed to a fraudulent promotion campaign and insider selling [3]. - Following the spike, Jayud's stock collapsed by about 95% on April 2, 2025, resulting in substantial losses for investors [3]. Group 2: Company Information - Jayud Global Logistics Limited is based in Shenzhen, China, and provides cross-border logistics services [2]. - The company is publicly traded on NASDAQ under the ticker symbol JYD [1]. Group 3: Legal Representation - Investors wishing to participate in the lawsuit must seek to be appointed as lead plaintiff representatives by January 20, 2026 [2][4]. - The law firm Berger Montague PC is leading the class action and has extensive experience in complex civil litigation [5].
Borderlands Mexico: Volatile trade, rising carrier costs reshaping shipping strategies
Yahoo Finance· 2026-01-18 12:00
Core Insights - Retailers are adapting to volatile trade and rising shipping costs by leveraging technology, multi-carrier strategies, and enhancing price transparency to protect their margins and meet customer expectations [2][3] Group 1: Retail Shipping Strategies - Retailers are increasingly diversifying their carrier options and utilizing regional providers and rate-shopping tools to manage shipping costs effectively [4] - The need for speed, service, and transparency remains critical as customer expectations continue to rise [3] Group 2: Challenges for SMBs - Small and medium-sized businesses (SMBs) face significant challenges in international shipping due to frequently changing tariffs and customs rules [5] - Many SMBs lack the resources that larger enterprises have to manage duties, taxes, and customs brokerage effectively [6] Group 3: Solutions and Innovations - ShipStation is investing in tools to simplify cross-border commerce, including delivery-duties-paid (DDP) capabilities that provide customers with full landed costs at checkout [6] - Transparency in shipping costs is essential for driving conversion rates and reducing cart abandonment, as unexpected duties or fees can deter purchases [7]
Jayud Secures Annual Air Cargo Capacity on Zhengzhou-Chicago Route, Expanding Cross-Border Logistics Capabilities
Globenewswire· 2026-01-13 13:30
Core Viewpoint - Jayud Global Logistics Limited has entered into a Block Space Agreement to secure dedicated air cargo capacity on the Zhengzhou-Chicago freight route, enhancing its cross-border logistics capabilities and service reliability [1][5]. Group 1: Agreement Details - The one-year Block Space Agreement allows Jayud to lease cargo space on B747-400F freighter flights operating three times weekly, providing guaranteed weekly cargo capacity of approximately 16,800 kilograms [2][3]. - The agreement is effective from January 17, 2026, and supports the transport of cross-border e-Commerce merchandise and electronic devices compliant with international aviation safety regulations [3]. Group 2: Financial Impact - The Block Space Agreement is estimated to generate approximately 68 million RMB (US$9.8 million) in revenue and approximately 3.8 million RMB (US$0.55 million) in profit for the company [4]. Group 3: Strategic Importance - The agreement allows Jayud to offer competitive air cargo services while managing capital requirements and operational complexity, complementing its existing ocean freight and warehousing operations [5]. - The Zhengzhou-Chicago route connects major logistics hubs, with Zhengzhou being home to the largest smartphone manufacturer, Foxxcom, and Chicago O'Hare being one of North America's largest cargo airports [5]. Group 4: Company Overview - Jayud Global Logistics Limited is a leading end-to-end supply chain solution provider based in Shenzhen, focusing on cross-border logistics services with a global operational presence [6]. - The company has established logistic facilities throughout major transportation hubs in China and globally, offering a comprehensive range of cross-border supply chain solutions [6].
CLASS ACTION REMINDER: Berger Montague Advises Jayud Global Logistics Limited (JYD) Investors to Inquire About a Securities Fraud Lawsuit by January 20, 2026
TMX Newsfile· 2026-01-08 17:21
Core Viewpoint - A class action lawsuit has been filed against Jayud Global Logistics Limited for alleged fraudulent activities that led to significant stock price manipulation and investor losses during the specified Class Period [1][3]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who acquired Jayud securities from April 21, 2023, to April 30, 2025 [1][2]. - The complaint claims that Jayud's stock price surged from approximately $1.00 to $8.00 per share in early April 2025 without any fundamental news, indicating potential manipulation [3]. - It is alleged that the stock price spike was driven by a fraudulent promotion campaign, including social media influence and impersonation of financial professionals, along with insider selling [3]. Group 2: Stock Performance and Impact - On April 2, 2025, Jayud's stock experienced a dramatic collapse of about 95%, resulting in substantial losses for investors [3]. - The lawsuit highlights the timing of the stock price increase and subsequent collapse as critical events that affected investor confidence and financial outcomes [3]. Group 3: Legal Representation - Investors who purchased Jayud securities during the Class Period have until January 20, 2026, to seek appointment as lead plaintiff representatives [2][4]. - Berger Montague, the law firm handling the case, specializes in complex civil litigation and has a strong track record in class actions [5].
JAYUD GLOBAL LOGISTICS LIMITED SECURITIES FRAUD NOTICE: Berger Montague Informs Jayud Global Logistics Limited (JYD) Investors of Securities Fraud Lawsuit
TMX Newsfile· 2025-12-29 15:36
Core Viewpoint - A class action lawsuit has been filed against Jayud Global Logistics Limited, alleging fraudulent activities that led to a significant stock price manipulation during the Class Period from April 21, 2023, to April 30, 2025 [1][3]. Group 1: Lawsuit Details - The lawsuit claims that Jayud's stock price surged from approximately $1.00 to $8.00 per share in early April 2025 without any fundamental news to justify this increase [3]. - It is alleged that the stock price spike was driven by a fraudulent promotion campaign, which included social media manipulation and impersonation of financial professionals, along with coordinated selling by insiders and affiliates [3]. - Following the spike, Jayud's stock experienced a dramatic collapse of about 95% on April 2, 2025, resulting in substantial losses for investors [3]. Group 2: Company Information - Jayud Global Logistics Limited is based in Shenzhen, China, and provides cross-border logistics services [2]. - Investors who purchased Jayud securities during the Class Period have until January 20, 2026, to seek appointment as lead plaintiff representatives [2].
Jayud Global Logistics Assumes Controlling Interest in Longgang Cross-Border E-Commerce Center
Globenewswire· 2025-11-25 12:30
Core Insights - Jayud Global Logistics Limited has acquired a controlling 52% stake in the Longgang Cross-Border E-Commerce Center, enhancing its operational control and positioning it as a leader in cross-border e-commerce logistics in Shenzhen [1][5]. Company Overview - Jayud Global Logistics Limited is a prominent end-to-end supply chain solution provider based in Shenzhen, specializing in cross-border logistics services. The company operates globally with logistics facilities across major transportation hubs in China and 16 countries on six continents [5]. Operational Highlights - The Longgang Cross-Border E-Commerce Center processed 13,978 full-size containers with an export value of USD 4.6 billion in 2024, handling 83,000 tons of cargo and 270 million parcels [3]. - As of September 30, 2025, the Center processed 6,863 full-size containers with a cumulative export value of USD 2.45 billion, totaling 44,129 tons of goods and 46.91 million parcels, indicating its growing significance in China's cross-border e-commerce supply chain [4]. Strategic Initiatives - The acquisition allows the company to implement strategic initiatives such as technology upgrades for real-time tracking, enhanced bonded logistics capabilities, and partnerships for international expansion, aligning with its vision to strengthen its presence in high-growth e-commerce zones [2][5]. Industry Context - In 2024, Shenzhen's cross-border e-commerce imports and exports reached 372 billion RMB, maintaining its position as the top city in China for three consecutive years, with over 150,000 cross-border e-commerce export enterprises [7].
Jayud Global Logistics Subsidiary Receives CAAC Certification for Drone Pilot Training Operations
Globenewswire· 2025-11-19 12:30
Core Insights - Jiniu Aviation Services, a subsidiary of Jayud Global Logistics, has received certification from China's Civil Aviation Administration (CAAC) for drone pilot training and formed a strategic partnership with Guangdong Guangsheng Aviation [1][2][3] - The low-altitude economy in China is projected to grow significantly, with Jiniu Aviation positioned to capitalize on this expansion through its training programs and industrial service contracts [4][7] Company Developments - Jiniu Aviation was established in 2021 to tap into China's low-altitude economy, focusing on integrated aviation services and CAAC-licensed training programs [3][4] - The subsidiary has secured contracts for facade cleaning services covering 100,000 square meters and timber transportation projects handling 1,000 tons of cargo, showcasing the practical applications of drone technology [5] Expansion Plans - The company plans to expand Jiniu Aviation's training capabilities to 12 additional cities, including Xi'an and Lanzhou, and develop a 5,000 square meter youth research and education base [6] - Future initiatives include launching specialized technical certification programs for aircraft assembly and maintenance to meet the growing demand for skilled technicians in the drone industry [6] Market Potential - China's drone market is expected to grow at a compound annual growth rate of 25.6% from 2024 to 2029, potentially surpassing 600 billion yuan ($81.9 billion) by 2029, driving demand for professional training services [7] - Approximately 350 vocational colleges in China are now offering programs in drone application technology, creating revenue opportunities for certified training providers [7] Strategic Integration - Jiniu Aviation's expansion aligns with Jayud's strategy of diversifying service offerings while enhancing logistics efficiency through aerial logistics solutions [8][9]