Daily Logistics News(10.29.2026)
Photo by Kent Lâm on Unsplash
Overview
The October 29 roundup covers aviation trade restrictions, regional trade performance in China, cross-border e-commerce cooperation, holiday parcel costs, delivery rate increases, and currency exchange rates.
US Restricts Exports of Key C919 Components to China
According to Reuters, the US Department of Commerce has imposed two sets of restrictions on key components needed for the C919 in recent weeks. It has slowed the approval of export licenses for civilian aircraft parts destined for China and set quantity limits on parts sold to Commercial Aircraft Corporation of China (COMAC) to prevent inventory stockpiling. The approval process has shifted from batch review to individual reviews for each aircraft, significantly lengthening approval timelines.
Central China's Imports and Exports Reach RMB 3.43 Trillion in First Three Quarters, Up 20.5%
In the first three quarters of this year, imports and exports in China's central region reached RMB 3.43 trillion, up 20.5% year on year, according to customs statistics. The value set a record high for the same period, and the balance and stability of the region's foreign trade continued to strengthen. Since the third quarter, monthly import and export growth in the region has continued to accelerate. In September alone, imports and exports reached RMB 449.63 billion, a record monthly high and an increase of 22.5% year on year.
AliExpress and Wildberries Enable Product Interoperability
Recently, AliExpress confirmed in a rules disclosure for Russia that it has entered into substantive cooperation with Russian platform Wildberries. Users who search for AliExpress on Wildberries can now see an officially branded collection store covering multiple categories, including footwear and apparel, consumer electronics, and tools. Although the two companies have not made a formal joint announcement, they have completed integration in payment settlement, the local pickup network, and the purchasing process.
Freight Rates Surge Nearly 14% as US May Face Most Expensive Shopping Season
According to reports, geopolitical conflicts and rising international oil prices could make the fourth quarter of this year the most expensive year-end shopping season on record for the US retail and logistics industries. Average diesel prices are up nearly 74% year on year, and US parcel rates are expected to rise significantly in the fourth quarter. Standard parcel rates are projected to increase 5.8% year on year, while expedited express rates will surge 13.8%, bringing a notable impact on the holiday consumer market.
UPS to Raise Freight Rates 5.9% from December 21, Affecting E-Commerce Parcels
UPS has announced that, effective December 21, its average daily rates for ground, air, and international services will increase by 5.9% on average, matching the increase in each of the past three years. The change falls at the tail end of the New Year holiday shipping peak and, together with fuel surcharges and peak-season fees, will further increase last-mile costs for cross-border sellers. UPS will raise the minimum billable weight for packages requiring additional handling from 40 pounds to 50 pounds and adjust the ZIP code ranges and zone assignments used for area surcharges. Rates for small business customers will increase by 4.5% for ground, air, and international services.
Bank of China Exchange Buying Rate
The Bank of China exchange buying rate was EUR 1 = RMB 7.4243 and USD 1 = RMB 6.6661.
Related Articles
Need help with this shipment?
Send your cargo details and CSL will reply with a practical routing and quote.
Get Quote