The Express industry is an important element in the modern logistics industry, adding high value and playing a significant role in economic development. Since the 1980’s, China’s express services have emerged as the fastest and most dynamic offering in the global express industry and has played an active role in driving economic development, facilitating social exchanges, delivering on diversified express demands of both consumers and businesses, as well as creating job opportunities.
The express industry can be traced back to the United States in the 1960s with its core business being to deliver documents, parcels and commodities on the next day or within the designated time limit (usually two to three days) offering high added value and door-to-door services. The express industry has developed rapidly because it could provide guaranteed goods transportation within fixed time which postal services or freight forwarding couldn’t. Back in the 1970s, the express industry saw a window of opportunity for rapid growth as a result of the US loosening its control on air freight. The industry has evolved since the start of the 1980’s into a mix of express, e-commerce, logistics, finance, insurance and agency, which is an expansion of its business offering from the US to the world and has become an important backbone to the development of the global economy and trade as the market develops and the clients’ demands diversify.
The express industry has simplified and accelerated the transportation process. Typically, collection is at the end of the working day so that the sender can fully understand process of delivery and is provided a service certificate. Based on the client’s request, clearances, tarriff payments and the relevant customs duties can be handled as part of the service.