In today’s briefing:
- Monthly Chinese Express Tracker | March ASPs Fell, Again | Volumes Moderated, Including X-Border
![](http://www.smartkarma.com/assets/plugins/a3-lazy-load/assets/images/lazy_placeholder.gif)
Monthly Chinese Express Tracker | March ASPs Fell, Again | Volumes Moderated, Including X-Border
- ASPs remain under pressure as STO, J&T gain volume share in ground segment
- March showed a surprising slowdown in pace of international volume growth
- We believe Q423 and Q124 company-level profitability will mostly disappoint