Courier companies have developed an online service model, coordinated with various shopping festivals, and accelerated the recovery of courier volume.
E-commerce subsidies, price wars are on the rise, and the courier market is ushering in recovery.
On May 8, the State Post Bureau released the “April 2020 China Express Development Index Report”. It is expected that the volume of express delivery in April will be 6.25 billion, an increase of 27% year-on-year. Express delivery revenue is expected to complete 71.2 billion yuan, a year-on-year increase of 20.2%.
The report pointed out that the express delivery capacity index in April was 192.5, a year-on-year increase of 21.0%. In terms of sub-indicators, the retail sales of express support network is expected to exceed 850 billion yuan, up 30.4% year-on-year. At the same time, various indicators including the express delivery development index and service quality index have returned to 20% year-on-year. aisle.
In the first quarter, due to the impact of the epidemic, courier companies experienced mixed business volumes and revenues. Because of the impact of their franchise courier mode during the epidemic, Santong Yida and Baishi not only failed to start the normal operation due to the shutdown during the Spring Festival holiday, but also due to the impact of the shutdown during the epidemic, all of them were in the first quarter. Has been affected to varying degrees.
Among them, Yunda completed a total of 1.91 billion pieces of business in the first quarter, accounting for 15.2% of the national express market share, up 7.1% year-on-year; Yuantong Express completed 1.67 billion pieces of business in the first quarter, accounting for 13.3 of the national express market share %, Up 0.5% year-on-year; Shentong Express completed 1.12 billion pieces of business in the first quarter, accounting for 8.9% of the national express market share , down 12.4% year-on-year .
Shunfeng combined with the direct sales model and the e-commerce special products launched in May 2019, The business volume in the first quarter reached 1.72 billion pieces, accounting for 13.7% of the national express market share, an increase of 75.2 %. Clearing the haze of the decline in the share of the previous years, during the period when the price war was in full swing, it climbed to the top of the express delivery market.
CICC has previously issued a report saying that with the further resumption of production in the second quarter, the growth rate of business is expected to continue to accelerate. For the whole year, the bank believes that it will be expected to achieve what the State Post Bureau proposed at the national postal management work meeting at the beginning of the year. The goal of “18% annual business growth”. At the same time, the bank also believes that the differentiation between the companies of Tongda Department will accelerate this year, of which Yuantong benefits in the first quarterDue to the incremental contribution of all-cargo aircraft, the performance was slightly higher than expected, while Shentong was lower than expected.
With the epidemic under control, the expected performance of the express delivery industry in April has steadily recovered to a year-on-year growth rate of more than 20% before the epidemic. It is expected that with the “subsidy” actions of e-commerce companies such as Pinduoduo, Juzhuan, JD.com and Suning, it will further stimulate the increase in the volume of express delivery business. Come to a new round of innovation.