8月21日，一则土地交易公告引发跨境电商行业关注：纵腾集团子公司深圳易可达科技有限公司以5080 万元成功竞得深圳市龙岗区G03309-0043宗地。这块位于坂田街道的产业用地，将用于建设纵腾集团在 深总部基地。 覆盖全球220多个国家和地区 纵腾集团的快速发展，与中国跨境电商的爆发式增长密不可分。海关总署数据显示，2024年跨境电商新 业态全年进出口达到了2.63万亿元，比2020年多了1万亿元。当中，更多高科技属性的新产品加速出 海，电动汽车、3D打印机、工业机器人出口分别实现了13.1%、32.8%、45.2%的增长。 中国卖家卖全球，而深圳的卖家是在深圳卖全球。在这个万亿级市场中，纵腾集团通过"海外仓+专线 物流"的双轮驱动模式，2024年实现营收271亿元，成为行业领军企业。 目前，纵腾集团旗下拥有谷仓海外仓、云途物流等多个知名品牌，业务覆盖全球220多个国家和地区。 其建立的全球仓储网络面积超过240万平方米，相当于336个标准足球场大小。更引人注目的是，纵腾还 组建了自有航空货运机队，包括4架波音777F货机，执飞超100条国际专线。 "消息准确，地块也是刚刚拍下。"纵腾集团相关负责人向记者证实 ...

日前，江苏连云港口岸汽车出口专用码头，一艘大型滚装船正在靠泊。据统计，连云港港口今年前七月 新能源汽车出口量同比增长超过九成，创历史新高。王健民摄（人民视觉） 8月25日，国新办举行"高质量完成'十四五'规划"系列主题新闻发布会。海关总署署长孙梅君在会上表 示，"十四五"以来，海关现代化建设取得了长足进步，为高质量发展、高水平开放提供了有力支撑。 促进高质量发展取得新进展 开放通道和平台建设迈上新台阶。"十四五"以来，我国新增和扩大开放口岸40个，总数达到311个，基 本形成了水陆空立体化、东中西全方位口岸开放布局。中欧班列集结中心从"点对点"向"枢纽对枢纽"转 型升级。综合保税区等海关特殊监管区域已成为各地对外开放的新高地，不到两万分之一的国土面积， 贡献了全国1/5的进出口总值。 促进高质量发展取得新进展。海关创新跨境电商、海外仓、"保税+"等新业态监管模式，促进区域协调 发展，外贸新动能加速提升，产供链更加安全稳定。出口"含新量"更足，2024年"新三样"出口比2020年 增长2.6倍；进口来源更广，"十四五"期间，新增准入81个国家（地区）的271种农食产品，大宗商品、 先进装备、关键零部件进口多元化 ...

通关便利化实现新突破 在粤港澳大湾区，"一港通"监管模式创新使货物在港口的转运时间由过去的5天至7天缩短到现在的2天 至3天；通过开设口岸农产品进口"绿色通道"，来自泰国、越南等周边国家的新鲜水果最快7小时即可到 达广州、30小时便能抵达北京市场。 海关总署署长孙梅君表示，"十四五"以来，百年变局加速演进，外部环境不确定性明显增加，我国外贸 展现出强大韧性与活力，出口"含新量"更足，进口来源更广，区域结构更优。全国海关忠诚履行守国 门、促发展职责使命，着力提升监管效能和服务水平，海关现代化建设取得长足进步，为高质量发展、 高水平开放提供了有力支撑。 年均监管进出口货物52亿吨、货值41.5万亿元，体量全球最大；新增和扩大开放口岸40个、总数达311 个；"一网通办"事项达25大类964项，基本覆盖跨境贸易全链条全环节……在国务院新闻办25日举行 的"高质量完成'十四五'规划"系列主题新闻发布会上，一系列海关高质量发展数据亮眼。 作为对外开放的重要"增长极"，综合保税区等海关特殊监管区域以不到全国两万分之一的国土面积，贡 献了五分之一的进出口总值，已成为跨国产业的承接平台、开放发展的关键平台、新兴业态的培育平台 ...

出口"含新量"更足，2024年"新三样"出口比2020年增长2.6倍；进口来源更广，"十四五"期间，新增准入 81个国家（地区）的271种农食产品，大宗商品、先进装备、关键零部件进口多元化。 围绕跨境贸易便利化，孙梅君表示，"十四五"期间，海关总署联合20多个国家部委，每年都开展跨境贸 易便利化专项行动，参与的城市已经扩大到全国17个省份25个城市，累计出台改革创新举措108项，着 力营造更加便利、安全、可预期的贸易环境。 国际合作共赢方面，海关对外签署合作文件519份。2024年，我国与共建"一带一路"国家进出口22万亿 元，占我国进出口比重超过一半，与东盟、拉美、非洲、中亚等新兴市场进出口年均增长10%以上。我 国已成为全球157个国家和地区前三大贸易伙伴。 与此同时，综合保税区等海关特殊监管区域已成为各地对外开放的新高地，不到两万分之一的国土面 积，贡献了全国1/5的进出口总值。 开放通道和平台建设迈上新台阶。"十四五"以来，我国新增和扩大开放口岸40个，总数已经达到311 个，基本形成了水陆空立体化、东中西全方位口岸开放布局，"关通全球，物达八方"，让经贸往来和人 文交流更加广泛、更加密切。 ◎记者 ...

Core Insights - The cross-border e-commerce industry is adapting to changes in international tariff policies and is focusing on enhancing supply chain resilience [1][5] - The recent China (Guangzhou) Cross-Border E-Commerce Fair attracted over 1,000 quality supply chain companies and more than 40 major domestic and international cross-border e-commerce platforms [1][8] Tariff Policy Impact - The U.S. has suspended the minimum tax exemption for low-value goods, effective August 29, impacting goods valued at or below $800 shipped outside the international postal network [5] - The actual impact of the tariff policy on cross-border e-commerce varies significantly by product category, with some categories less affected due to cost advantages [5][6] - The beauty and health product sectors are less impacted by the new tariff policy due to their higher profit margins and cost advantages of Chinese products [6] Trends in Cross-Border E-Commerce - There is a growing trend towards overseas warehouse operations, which enhance logistics efficiency compared to traditional small parcel shipping methods [6][7] - Companies like JD, SF, and Cainiao are actively expanding their overseas warehouse capabilities [6] - The overseas warehouse model is evolving to provide more comprehensive services, including local market entry support and product certification [7] Compliance and Legal Considerations - Cross-border e-commerce companies are increasingly prioritizing compliance, particularly in intellectual property rights and consumer protection in foreign markets [8] - The demand for legal consultation regarding intellectual property infringement and compliance has risen, especially in sectors with dense intellectual property issues [8] Market Growth - Guangdong's cross-border e-commerce import and export scale has grown from 11.3 billion yuan in 2015 to 745.4 billion yuan in 2024, marking a 66-fold increase over nine years [8]

Group 1 - The scale of cross-border e-commerce trade in China has grown over tenfold in the past five years, reaching 2.71 trillion yuan last year, with a year-on-year growth of 14%, accounting for 6.2% of China's total goods trade import and export value [1] - The import scale was approximately 555.25 billion yuan, with a year-on-year increase of 4.1%, while the export scale exceeded 2 trillion yuan, growing by 16.9% to 2.15 trillion yuan, setting a new historical record [1] - Major export destinations include the United States (36.2%), the United Kingdom (11.7%), and Germany (5.7%), with key products being apparel, footwear, jewelry, digital products, home textiles, and household appliances [1] Group 2 - The growth in order volume and market size of cross-border e-commerce directly drives the development of the logistics industry, with service providers including third-party logistics companies and self-built logistics platforms [3] - The main export channels consist of postal small packages, dedicated line logistics, overseas warehousing, and international express delivery [3] - According to the "2025 China Cross-Border E-Commerce Logistics TOP 50" report, four companies have entered the "billion club" based on their 2024 cross-border e-commerce logistics business revenue [3] Group 3 - Zongteng Group ranks first with a revenue of 27.1 billion yuan, with its subsidiary YunTu Logistics leading in direct mail small packages and overseas warehousing [7] - Cainiao International ranks second with a revenue of 25.71 billion yuan, having established a global smart logistics network and handling an average of 5 million cross-border packages daily [5][7] - DExpress ranks third with a revenue of 11.5 billion yuan, providing global express, overseas warehousing, and first-mile services [5][8] Group 4 - China Foreign Transport ranks fourth with a revenue of 10.5 billion yuan, being the largest international freight forwarding company in China [5] - The logistics capabilities of Zongteng Group include over 2.4 million square meters of overseas warehouse space and a daily package processing capacity exceeding 2 million [7] - The report highlights the competitive landscape of the logistics industry, with various companies specializing in different aspects of cross-border logistics services [10]

做跨境和物流的真是头都大了。 川普周三表示， 8月29日起，所有国家寄往美国的800美元以下包裹，不再免关税了，必须全额交税。 原计划2027年生效，这提早了两年多。 美国本土的纺织业倒是乐了，美纺织组织委员会说"现在工厂能拿回点生意。" 物流圈堵成一锅粥，海外仓和中转或成救命稻草 亚洲飞美国的货运量已经降了1成，有些包机合同直接取消了。 反倒是美国的海外仓火了，商家只能把货先运到美国仓库， 再从仓库发货，虽然费用高，但至少有时效撑腰。 中小卖家更难，要么咬牙交关税，要么退出美国市场，转头去中东、东南亚这些地方。 据说在深做3C的卖家，今年已经有不少转战Lazada泰国站了。 这是推着供应链"搬家" 川普说这是为了防走私、保护本土产业， 但明眼人一看就知道，这是想让大部分企业把工厂搬到墨西哥、东南亚，甚至美国。 只是对消费者来说，以后买海外低价商品更贵了。 跨境电商之前靠着"低价+免税"的好日子，怕是真很难再现。 一旦落地，这些先受冲击 大家肯定能想到跨境电商， 尤其是靠"直邮"卖低价商品的小店和平台。 以前800美元以下的包裹不用交税，Temu、Shein等平台能直接从国内发货，费用低、周转快。 现在不行了 ...

Group 1 - The core viewpoint of the articles highlights the success of Global PinGou in the cross-border e-commerce sector, showcasing its innovative business model and supply chain capabilities through recent awards and exhibitions [1][3][6] - Global PinGou won the "2025 Annual Industry Influence Brand" award at the Asia Brand Economy Summit in Hangzhou, recognized for reconstructing the cross-border ecosystem and providing innovative solutions for Asian brand globalization [3] - The company has established a global chain commerce platform, integrating resources efficiently and cost-effectively to support industry development, which has led to a unique competitive advantage in the cross-border e-commerce field [3][6] Group 2 - At the Chongqing International Consumer Expo, Global PinGou showcased its localized services and supply chain capabilities, attracting significant interest from attendees and potential partners [5][6] - The company operates over 20 domestic and international transit warehouses and overseas warehouses, facilitating the sale of thousands of Chinese products to over 150 countries and regions [3] - Global PinGou's strategy combines both "soft power" through awards and "hard power" through technology and supply chain infrastructure, linking Chinese supply chains with global demand [6]

Core Insights - The article emphasizes that 80% of Chinese brands fail in overseas markets not due to poor products but because of logistics issues, highlighting logistics as a critical factor for success in international business [1][3][17] Group 1: Challenges in Overseas Expansion - Many Chinese brands adopt a "spend money to win" mentality when entering foreign markets, failing to understand the complexities of logistics [3][4] - A case study of a consumer electronics brand illustrates how delays in customs clearance can lead to missed promotional opportunities and financial losses [3][4] - Another example shows a beauty brand's failure due to inadequate logistics services, resulting in negative customer feedback and product delisting [3][4] Group 2: Importance of Contract Logistics - Contract logistics is defined as a comprehensive service that manages the entire supply chain from factory to consumer, rather than just transportation [3][4] - Successful companies like Midea and TCL have effectively calculated logistics costs and timelines before relocating factories, demonstrating the importance of logistics planning [4][10] - The article stresses that customs clearance is not merely about submitting documents but requires building relationships with customs officials for smoother operations [4][6] Group 3: Logistics as a Strategic Asset - The article argues that logistics should be viewed as a strategic department rather than a cost center, with recommendations for businesses to calculate logistics costs before making decisions [16][17] - Companies are encouraged to seek strategic partnerships with logistics providers rather than opting for the cheapest options, as quality service is crucial for long-term success [16][17] - The logistics landscape is evolving, with a focus on data-driven decision-making and localized logistics solutions to enhance efficiency and responsiveness [12][14][15] Group 4: Future of Logistics Providers - The article predicts a significant reshaping of the logistics industry, where providers that can build networks, leverage data, and specialize in specific industries will thrive [14][15][16] - Companies that rely solely on low-cost strategies without understanding the complexities of logistics are likely to be eliminated from the market [16][17] Group 5: Conclusion - The article concludes that the future of competition for Chinese brands in global markets will hinge on logistics capabilities, making it essential for companies to adapt their logistics strategies to succeed [17]

Investment Rating - The report maintains a positive outlook on the logistics and transportation industry, particularly focusing on cross-border logistics and express delivery sectors [2][3]. Core Views - The report highlights the significant impact of new consumption patterns on logistics demand, emphasizing companies like SF Express and JD Logistics [3]. - It notes the potential for AI to enhance logistics efficiency, particularly for companies like SF Holdings [3]. - The report identifies opportunities in overseas warehouses and recommends companies with operational capabilities in this area, such as Zongteng Network and Huamao Logistics [3]. - The shipping sector is viewed as entering a left-side layout phase, with a focus on companies like Yangtze River Shipping and China Power [3]. - The report indicates that the VLCC freight rates have stabilized at the bottom and are expected to improve gradually [3]. - The report also discusses the performance of various shipping indices, noting a significant increase in the Baltic Dry Index and Shanghai Container Freight Index [4][26]. Summary by Sections Transportation Industry Performance - The transportation index decreased by 0.54%, underperforming the CSI 300 index by 1.42 percentage points [4]. - The cross-border logistics sector showed the highest increase of 0.28%, while the public transport sector experienced the largest decline of -2.78% [4]. Shipping and Logistics - The report emphasizes the strong performance of the Southeast Asian shipping sector, particularly companies like DeXiang Shipping and HaiFeng International [3]. - It notes that the SCFI index rose by 8.1%, indicating a positive trend in container shipping rates [3][24]. - The report highlights the importance of monitoring capacity adjustments and port congestion, which could impact freight rates [3][24]. Express Delivery - The express delivery sector is expected to maintain high growth rates, with a focus on companies like SF Holdings and JD Logistics [3]. - The report suggests that the upcoming policies will optimize logistics costs, benefiting leading companies in the sector [3]. Aviation and Airports - The report indicates that the aviation market is transitioning into a stable phase, with expectations of increased passenger volume and potential recovery in ticket prices [37]. - It recommends several airlines, including China Eastern Airlines and Spring Airlines, as key players to watch [37]. Rail and Road Transport - The report notes the resilience in railway freight volumes and highway truck traffic, suggesting steady growth in these sectors [3]. - It highlights investment opportunities in high-dividend stocks and potential value management catalysts in the highway sector [3].