Yunlian Research Institute: "2024 China LTL Enterprise Rankings" SF Express ranks first with 37.4 billion in revenue

Recently, the 2024 (13th) Transport Union Summit hosted by the Transport Union Research Institute was held in Shanghai. At this summit, the Transport Union Research Institute also officially released the "2024 China LTL Enterprise Ranking". SF Express ranked first with a revenue of 37.4 billion yuan, which is also the fifth consecutive year that SF Express has topped the list. The so-called LTL refers to a mode of transportation in which a batch of goods shares a truck with several or even hundreds of other batches of goods when the weight or volume of the goods is not enough to load a truck (not enough for full truck transportation). LTL freight is flexible, convenient and simple, and is suitable for the transportation of small quantities, miscellaneous varieties and large batches of goods.

At the same time, SF Express also ranked first in the industry with a cargo volume of 12.96 million tons. This is the second time since 2022 that SF Express has achieved double first place in revenue and cargo volume.

YTO Express followed closely with a cargo volume of 12.04 million tons; ZTO Express exceeded 100 billion tons in one fell swoop, ranking third with an annual total cargo volume of 11.33 million tons; Deppon Express ranked fourth with an annual cargo volume of 11.22 million tons.

Zikuai Technology