In today’s briefing:
- Monthly Chinese Express Tracker | March ASPs Fell, Again | Volumes Moderated, Including X-Border
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
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