In July, China'S Express Logistics Index Was 107.2%, Up 0.1%

Recently, the China Federation of logistics and procurement released the China Express Logistics index in July was 107.2%, up 0.1 percentage point from the previous month. With the further strengthening of economic recovery, the activity of business activities in related industries has been stable, and the composite index of this month is generally stable, and continues to maintain a high level in the year.

Due to the sustained consolidation of domestic market demand, both the business Express index and the rural express index picked up slightly. It reflects the increase of industrial economic activity and the recovery of business activities.

In July, the manufacturing business Express index was 111.8%, up 2 percentage points from the previous month. In terms of industries, 19 of the 21 categories of manufacturing industry have business Express index higher than 100%.

The business Express index fell by 8.0% for two consecutive months, down from 105.0% in the previous month. Due to the impact of severe weather such as high temperature in summer, rainstorm and flood in southern China, the business Express index of real estate industry and construction industry dropped by 2.5 and 2.9 percentage points respectively.

Due to the end of the rainy season, the scale of the sales promotion has dropped due to the end of the rainy season. In July, the employment index was 101.8%, down 11.1 percentage points from the previous month.

The external business convenience index fell by 6.5% in the previous month, which was 6.5% lower than the external business convenience index. However, the increasingly fierce competition in the express industry, single ticket income continues to decline, also eroding the profits of express companies.

Shentong express's net profit decreased by 30.06% in 2019. According to the company, the main reason is that the market competition is more fierce, and the company has strengthened the market policy in order to maintain the network stability and improve the market share; in addition, it has increased the market expansion, strengthened the provincial and regional management and the refined management of the headquarters this year, resulting in a large increase in sales, management and R & D expenses.

China Consumer Association said on August 5 that in the near future, the issue of express cabinet charges has also aroused widespread social concern. Due to the poor attitude of the express company, the security of the pick-up code of the express cabinet, the frequent failure of the express cabinet and the high charge of the express cabinet, the industry has been repeatedly complained recently.

In order to develop faster and better, express companies need to correct the existing problems, provide customers with better service and reduce costs. The future of express delivery industry is the coexistence of opportunities and challenges.