SpeedX Delivers For Shein, Amazon, And TikTok With Competitive Pricing And Independent Contractors

Benzinga

Shein's rapid growth in the U.S. has led to the rise of SpeedX, a low-cost delivery service specializing in small international packages. SpeedX delivers parcels for Shein, Amazon, Temu, and TikTok, using independent contractors instead of its fleet for last-mile deliveries. SpeedX offers lower and more predictable pricing than FedEx and UPS, avoiding peak and demand surcharges even during the holiday season. SpeedX CEO Chris Zheng emphasizes that expertise in expediting border clearance is crucial for bridging the "black hole" between aircraft arrival and final mile delivery.

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00:00It's Benzinga bringing Wall Street to Main Street.

00:02Sheen's rapid growth in the U.S. has led to the rise of SpeedX,

00:05a low-cost delivery service specializing in small international packages.

00:10SpeedX delivers parcels for Sheen, Amazon, Timu, and TikTok,

00:14using independent contractors instead of its fleet for last-minute deliveries.

00:18SpeedX offers lower and more predictable pricing than FedEx and UPS,

00:22avoiding peak-in-demand surcharges even during the holiday season.

00:26SpeedX CEO Chris Zeng emphasizes that expertise in expediting border clearance

00:30is crucial for bridging the black hole between aircraft arrival and final-mile delivery.

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