TRACKING TRAFFIC/Chinese Express: May Volume Strong | Pricing Anemic | Value Capture Shrinking
May parcel volume was strong, with overall volume increasing 41.1% YoY. Inter-city shipments -- which account for the majority of shipments --...
325 Views
Short YTO Express: Sharp Recovery in Volume Masks Effects of Intensifying Price War
After getting hit by Covid-19 in February and early March, Chinese express company YTO Express (600233 CH) has roared back to life, hitting a...
301 Views
Best Inc's Q120 Results Are Sector-Worst, No Guidance for Q2 and Beyond
On Wednesday after the close in the US, BEST Inc (BEST US) reported what look like the sector's worst Q120 earnings results. Given Covid-19 impacts...
284 Views
ZTO Q120 Results Show Weak Cash Flow, Guidance Suggests Poor 'Conversion' Rest of 2020
On May 20, ZTO Express (ZTO US) reported a set of weak Q120 results after the US close; this was unsurprising given the dramatic impacts Covid-19...
161 Views
TRACKING TRAFFIC/Chinese Express: ASPs Fell 21-34% YoY in April on Competition, Growth of Low-End
Chinese express parcel volume grew by 32% YoY in April, the strongest growth so far in 2020 (growth in the key inter-city segment was even...
119 Views