Challenges ahead for parcel carriers?

May 29, 2022

Home » Challenges ahead for parcel carriers?
A year ago, parcel carriers were awash in e-commerce–fueled shipments as homebound consumers, flush with Covid-stimulus cash, flocked online to buy everything from foodstuffs to furniture to home-improvement goods. Home deliveries and overall parcel volumes exploded. E-commerce levels once expected to take four years to reach arrived with a vengeance in 2021, stressing carrier service levels and consuming capacity.A year later, e-commerce continues to drive strong parcel volumes. Despite consumers once again cruising the aisles at shopping malls, department stores, and big-box warehouses, those millions who discovered the ease and convenience of buying online and home delivery during the pandemic aren’t abandoning their digital shopping carts. They’re online, they’re staying there, they’re ordering nearly as much as ever, and they’re not going back. The first quarter of 2022 saw parcel carriers report strong earnings and growth. Yet despite confidence in continued growth, ....

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