J&T Express Q3 global parcel volume up nearly 25 per cent year on year
J&T Express reported a nearly 25 per cent year-on-year rise in global parcel volume to 9.584 billion parcels in the third quarter, with daily volume exceeding 100 million for a second straight quarter. China volumes grew over 15 per cent, while Southeast Asia surged more than 44 per cent.
J&T Express said its global parcel volume reached 9.584 billion parcels in the third quarter, up nearly 25 per cent year on year, with daily average volume at 104 million parcels, exceeding 100 million for a second consecutive quarter. For the first nine months of this year, global parcel volume totalled 27.087 billion parcels, an increase of 25 per cent year on year, with daily average volume at 99.2 million parcels.
In mainland China, the group said it had been actively developing a diversified customer base and focusing on improving service capabilities. Third-quarter parcel volume reached 6.428 billion parcels, with daily average volume at 69.9 million parcels, up more than 15 per cent year on year. For the first nine months, parcel volume reached 18.043 billion parcels, an increase of over 11 per cent.
The company said it further consolidated its leading market position in Southeast Asia, continuously enhancing regional network capacity and promoting automated upgrades at outlets. Third-quarter parcel volume in the region reached 2.886 billion parcels, up more than 44 per cent year on year, with daily average volume at 31.4 million parcels. For the first nine months, parcel volume reached 8.408 billion parcels, an increase of 61 per cent year on year.
In other markets, third-quarter parcel volume reached 271 million parcels, up about 1.6 times year on year, with daily average volume at 2.9 million parcels. For the first nine months, parcel volume reached 636 million parcels, an increase of about 1.4 times.
As of the end of September, the company's global network outlets increased by about 1,000 compared with the end of last year, reaching 20,300. It operated 292 sorting centres, an increase of 46, including 131 in Southeast Asia, up 10. Automated sorting lines increased by 44 sets to 457.