By calculation, in September 2024, China's express development index was 442.5, a 9% year-on-year increase.

The development scale index, service quality index, development capability index, and development trend index were 539.3, 688.1, 224.4, and 69.7 respectively, with year-on-year increases of 24.2%, 2.2%, 0.4%, and 3.9%.

In September, the express market shows strong development momentum, steady and orderly scale expansion, deepening industry integration, and increasing cross-border service capabilities.

In September, the express development scale index was 539.3, up by 24.2% year-on-year. Looking at the specific indicators, it is expected that the business volume of express delivery in September will increase by about 18.5% year-on-year, and business revenue will increase by about 13%. In the first three quarters, the express delivery market maintained a rapid growth momentum, with business volume exceeding 120 billion pieces and business revenue exceeding trillions of yuan.

China Citic Securities released a research report stating that the quantity of the Chinese express industry in August increased by 20% year-on-year. Tunda Express continues to expand its market share, and prices have followed a good seasonal trend. Due to policy support, express operators are almost operating at full capacity, with network partners paying increasing attention to profits. It is expected that in some regions during the peak season this year, prices will see significant growth.

Express logistics related companies:

JD Logistics (02618), Sinotrans Limited (00598), ZTO Express-W (02057), ANE Logistics (09956), cn logistics (02130), SF Same City (09699), YTO Intl Exp (06123), Jitu Express (01519), etc.