The 2020 IPC Cross-Border E-commerce Shopper Survey has revealed that 51% of consumers bought more from domestic e-retailers and 33% bought more from foreign e-retailers due to COVID-19 and that China’s share of cross-border e-commerce purchases decreased for the first time in 2020.
Read More
Royal Mail has released a trading update for the nine months ended 27 December 2020 revealing revenue growth of 9.3% – the highest since privatisation in 2013, with parcel revenue growth more than offsetting the decline in letters.
Read More
XPO Logistics, Inc. has announced its financial results for the fourth quarter 2020. Revenue increased to $4.67 billion, compared with $4.14 billion for the fourth quarter 2019.
Read More
Absolutely, a London courier company since 1865 and member of The APC network has launched its Eco Hub, a new zero emission focused courier depot in Holborn, London.
Read More
Chinese logistics giant S.F. Holding Co has offered to buy a 51.8% stake in Hong Kong-listed Kerry Logistics Networks Ltd, it said in an exchange filing on Tuesday, reports Reuters.
Read More
Instabox, a Stockholm-based company providing last-mile deliveries for e-commerce brands, has closed a $90 million Series B round led by EQT Ventures to fuel continued expansion within and outside of the Nordics, reports tech.eu.
Read More
State-owned mail service provider Cambodia Post on Monday resumed limited express delivery after a nearly five month long Covid-19 hiatus, reports Phnom Penh Post.
Read More
UK shoppers are sitting on a potential £2.4 billion of unreturned goods they have purchased online, as lockdowns restrictions have made returning unwanted items significantly harder for them.
Read More
Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.
