In today’s briefing:
- Monthly Chinese Express Tracker | Volumes Remain Firm | Domestic Pricing Worsens (January 2024)
Monthly Chinese Express Tracker | Volumes Remain Firm | Domestic Pricing Worsens (January 2024)
- December: strong volume growth, but worsening price declines for STO, Yunda
- Recent trends in X-border parcel volume growth & pricing moderated in December
- In 2024, look for SF to continue its outpeformance; STO, Yunda should still lag
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