The operating data of A-share express companies accelerated the recovery of the logistics industry in March.

FAP, April 20, four major A-share express companies SF Holdings, Yuantong Express, Shentong Express, and Yunda shares successively disclosed their business reports for March 2023 on the evening of April 19. On the whole, the express service revenue and completed business volume of SF Holdings, Yuantong Express and Shentong Express all increased by more than 20% over the same period last year, while Yunda shares failed to achieve year-on-year growth. Since 2023, the express logistics industry, as an economic "barometer", has grown faster than expected. Statistics from the State Post Bureau show that at the beginning of April 2023, the business volume of China's express delivery industry exceeded 30 billion, 99 days earlier than the 30 billion in 2019 and 18 days earlier than in 2022. The China Express Development Index for March 2023 released by the State Post Bureau said that the growth rate of express delivery business in March is expected to be about 27.6% compared with the same period last year. It is expected that the growth rate of express delivery business volume and business revenue in the first quarter will be 12.7% and 9.9% respectively. (Shanghai Stock Exchange News)