Parcel Shipping Industry Insights: What to Track and Challenges

Feb 2, 2023 · Shipping analytics give useful insights into your shipping performance and customer satisfaction. However, many logistics managers still face challenges in implementing analytics in their shipping workflows. Some common challenges associated with shipping analytics …

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Parcel Delivery Digest: Latest Insights Of The Parcel Delivery Industry

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Sep 6, 2024 · InPost sees strong growth in Q2 2024 with UK market revenue tripling. InPost Group's Q2 2024 results showed a 23% increase in parcel volumes to 264 million and a 22.5% …

kardinal.ai

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Biggest Shipping Trends & Predictions For 2024 - Shippo

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Feb 7, 2024 · Early data from Shippo shows that 78% percent of shippers use only a single carrier in 2024 compared to 69% in 2023*. However, for SMBs with lower shipping volume, they will …

goshippo.com

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A Changing Parcel Landscape: What Does The Year Ahead

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Mar 1, 2023 · Inflation is still high, and FedEx/UPS are feeling the heat. 2023 will see the highest shipping rates on record, with an average increase of 6.9% from both carriers. However, the …

parcelindustry.com

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The Future Of Parcel Shipping And Delivery - Forbes

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Jul 8, 2022 · Conclusion. Parcel volume reached 21.5 billion in 2021, an increase of 6%. As parcel shipping continues to grow, parcel delivery will need to keep up. Technological advancements …

forbes.com

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Shipping Trends: Could The End Of The Parcel Duopoly Be Near?

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Jul 8, 2022 · According to the Pitney Bowes Parcel Shipping Index, they control about 70% of the market share by revenue. After spending more than 10 years at UPS, and now as the co …

forbes.com

FAQs about Parcel Shipping Industry Insights: What to Track and Challenges Coupon?

How will digital transformation impact the shipping & logistics industry?

Underpinning the next five years of digital transformation in the shipping and logistics industry will be a shift towards sustainability. Next-generation connectivity will enable improved decision-making, helping enterprises strike the right balance between humans and machines for ultimate efficiency. ...

How important is cybersecurity in shipping & logistics in 2024?

As the shipping and logistics world digitizes, cybersecurity is becoming more important than ever. In 2024, it is likely that the shipping industry at-large, as well as related partners, will invest heavily in cybersecurity. ...

How is digitalization affecting shipping?

Another massive move toward digitalization is the introduction of paperless shipping. At freight forwarders such as MTS Logistics, we are 100% paperless as of 2023. Others are following suit, as digital platforms take a greater role in shipping. 2. Economic Headwinds ...

What is courier express & parcel (CEP)?

The Courier, Express and Parcel (CEP) market comprises companies that provide logistics and courier services for delivering messages, packages, and mail. These companies differ from ordinary mail services due to their speed, security, tracking, and individualization of services. ...

Can shippers increase revenue and profits without increasing costs?

Inflation is not yet low enough that shippers can increase their revenue and profits without increasing costs. In Q3 2023, fuel prices rose dramatically, and that has been passed down to major ocean shipping lines. With Saudi Arabia and other OPEC+ countries having reduced global oil production, more volatility is likely ahead in 2024. 3. ...

How will hyper-local logistics change in the next 5 years?

The next five years will see enterprises shrink and onshore their supply chains, welcoming a new era of hyper-local logistics. It’s a shift driven by two converging factors: the need to build resilience in the face of global disruptions and growing consumer demand for same-day — and even faster — delivery. ...